Cost of Living in Hampton, VA
Population: 137,334 • 2026 Data
$67,758
Median Household Income
-12% vs national
$1,346
Median Monthly Rent
+0% vs national
$234,100
Median Home Value
-31% vs national
5.8%
Unemployment Rate
Housing in Hampton
The median home value in Hampton, VA is $234,100. Monthly rent for a typical unit averages $1,346, while total monthly housing costs (including utilities and insurance) average $1,347.
Rent-to-income ratio: 23.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Hampton, VA is $67,758. The unemployment rate stands at 5.8%, with a labor force of 73,332 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.