MyNeighborhood

Can you afford to live in Hampton?

Median household income, home values and rent in Hampton, VA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Hampton.

Median household income: $67,758 — +37.7% since 2015 (not adjusted for inflation)

Median gross rent: $1,346/mo — +33.4% since 2015

Median home value, 2015 to 2023

  • 2015: 188000
  • 2023: 234100

Median household income

  • Hampton: 67758
  • Hampton city: 67758
  • VA: 90974
  • U.S.: 78538

Median gross rent

  • Hampton: 1346
  • Hampton city: 1346
  • VA: 1514
  • U.S.: 1348

Share of income a typical renter spends on rent: 32.5% — U.S.: 30.2%

What it means

The typical household here earns $67,758 — notably lower than the national figure of $78,538.

The typical renter here spends 32.5% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+37.7% versus +33.4%), before adjusting for inflation.

Sources

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