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Portsmouth Virginia Real Estate By Jennifer Hershey

Portsmouth Virginia Real Estate

Portsmouth, Virginia, is located in Portsmouth City County, of , and 148 miles S of Washington, District of Columbia. Portsmouth has a population of 100,565.

Portsmouth Homes

Portsmouth properties pool is 38,170 residential properties including Portsmouth new homes. Median age of real estate in Portsmouth is 1961. Average Household size is 3.05 people. 2% are one bedroom homes, 23% are 2 bedroom homes, 55% are 3 bedroom homes, 18% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Portsmouth Mortgage Statistics

Portsmouth mortgages vs. USA median statistics

Homes Portsmouth USA
Homes With No Mortgage 27%
30%
Homes With Mortgage 73%
70%
First Mortgage Only 56%
54%
First & Second Mortgage or HELOC 17%
16%

Portsmouth Area Real Estate Tax

Portsmouth Real estate Tax: Median Real Estate Taxes (2000) were $1,015 comparing to 1999 Median Family income $ 39,577. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Portsmouth School District: Children make up 25.7% of Portsmouth population. Portsmouth has 25,854 under 18 years old residents, or 0.59 kids per one worker, or 0.68 kids per one household.

Portsmouth Real Estate & Portsmouth Homeownership

There are 10687.6 or 28% one person households, 12214.4 or 32% two person households, and 7252.3 or 19% three person households in Portsmouth, Virginia. Median residents age is 34.5, Senior citizens (65+) make up 13,854 or 13.8%% of Portsmouth population.

There are 43,922 workers (over 16 years of age) in Portsmouth. Of these, 88.5% drive to work. Approximately 2.96% of workers in Portsmouth take public transportation. An estimated 3.27% walk to work.

Median Portsmouth homeowner's housing expences are 20.7%

Crime in Portsmouth (2003), crimes per 10,000 residents per year

Type of Crime Portsmouth USA, 2003
Violent Crimes
89.59
47.5
Robberies
40.07
14.2
Aggravated Assaults
43.45
29.5
Property Crimes
497.39
358.8
Burglaries
117.24
74.0
Larceny-Thefts
330.43
241.5
Motor Vehicle Thefts
49.72
43.3

Invest in Portsmouth Properties

When making a decision about buying real estate in Portsmouth Virginia area, you should consider following statistical data:

Category Portsmouth USA
Near Medium City
-
Near Large City
Washington, District of Columbia
-
Portsmouth Zip Codes
23701, 23702, 23703, 23704, 23707, 23708, 23709
-
Portsmouth Area Codes
757
-
White population
45.84%
75.1%
African-American population
50.61%
12.3%
Asian
0.77%
3.6%
American Indian & Alaskan
0.48%
0.9%
Hispanic (of any race)
1.74%
12.5%
Median Family Income (1999)
$ 39,577%
$42,000
Population Below Poverty Level
15.38%
12.4%

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