Hampton city, Virginia: commercial real estate data.
Hampton city, Virginia had an estimated 137,596 residents on July 1, 2024, up 0.3 percent since the 2020 census base of 137,154, across 51 square miles. County output reached $9.15 bn in 2024, 2,362 establishments operate here, and the SBA record carries 47 7(a) approvals worth $43.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hampton city
How many people live in Hampton city
- Population, American Community Survey 2020-2024137,557
- Households58,057
- Average household size2.37
- Median household income$69,621
- Median age36.8
- Median gross rent$1,427 per month
- Median owner-occupied home value$245,700
- Home value to household income3.5 times
- Annual rent as a share of median income24.6 percent
- Adults 25 and over with a bachelor degree or higher28.5 percent
- Adults 25 and over with a graduate degree11.0 percent
- Adults 25 and over93,424
- Population under 1829,611
- Share under 1821.5 percent
- Population 65 and over22,962
- Share 65 and over16.7 percent
- Working age population, 18 to 6484,984
- Civilian labor force66,503
- Unemployment rate6.3 percent
- Labor force participation, adults 18 and over61.6 percent
- Rank by population among Virginia independent cities15th of 133
- Rank by population among US county-equivalents, Puerto Rico included484th of 3,222
Hampton city is the 15th largest of 133 Virginia independent cities by population. A median home costs 3.5 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 21.5 percent against 16.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hampton city
Is Hampton city's population growing?
- Population, July 1, 2024137,596
- Census 2020 base population137,154
- Population change since the 2020 census base0.32 percent
- Population change, 2023 to 2024439
- Births, 20241,609
- Deaths, 20241,411
- Natural change, 2024198
- Net domestic migration, 202437
- Net international migration, 2024203
- Total net migration, 2024240
- Cumulative net domestic migration, 2021 to 2024-865
- Rank by growth among US county-equivalents1716th of 3,144
The county has grown 0.32 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hampton city
Where are people moving to Hampton city from?
- Tax returns filed by households arriving6,757
- People arriving, from those returns11,415
- Tax returns filed by households leaving6,871
- Net household movement-114
- Adjusted gross income arriving$294.2 m
- Net adjusted gross income movement$-51.8 m
- Average income of an arriving household$43,544
- Average income of a leaving household$50,367
- Largest single originNewport News city (1,692 households)
- Largest single destinationNewport News city (1,804 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Newport News city | 1,692 | 2,943 | $65.7 m |
| Norfolk city | 436 | 712 | $16.9 m |
| Virginia Beach city | 338 | 587 | $14.4 m |
| York County | 225 | 388 | $11.9 m |
| Chesapeake city | 160 | 282 | $7.3 m |
| Portsmouth city | 158 | 285 | $5.8 m |
| Foreign - APO/FPO ZIPs | 155 | 282 | $8.4 m |
| Suffolk city | 126 | 200 | $5.6 m |
Households arriving report $6,823 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Newport News city, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Hampton city
What is the Hampton city economy?
- County GDP, 2024$9.15 bn
- County GDP, 2023$8.48 bn
- GDP change, 2023 to 20247.9 percent
- GDP change over five years29.7 percent
- Rank by GDP among the Virginia areas BEA publishes20th of 105
- Rank by GDP among the US county areas BEA publishes477th of 3,127
- GDP per resident$66,546
Output grew 7.9 percent in the latest year and 29.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Hampton city
Employment by industry in Hampton city
- Covered employment, annual average50,137
- Establishments reporting3,180
- Average annual pay$63,365
- Average weekly wage$1,219
- Health care and social assistance, employment6,524
- Health care and social assistance, average annual pay$60,769
- Retail trade, employment5,496
- Retail trade, average annual pay$33,840
- Accommodation and food services, employment5,414
- Accommodation and food services, average annual pay$23,306
- Professional, scientific and technical services, employment4,137
- Professional, scientific and technical services, average annual pay$93,714
- Administrative and support and waste management services, employment2,258
- Manufacturing, employment2,130
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 6,524 | 721 | $60,769 |
| Retail trade | 5,496 | 346 | $33,840 |
| Accommodation and food services | 5,414 | 277 | $23,306 |
| Professional, scientific and technical services | 4,137 | 330 | $93,714 |
| Administrative and support and waste management services | 2,258 | 158 | $55,153 |
| Manufacturing | 2,130 | 69 | $73,298 |
| Construction | 1,982 | 210 | $72,688 |
| Transportation and warehousing | 1,378 | 76 | $61,078 |
Health care and social assistance is the largest private sector at 6,524 jobs, 13.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hampton city
How many businesses are in Hampton city?
- Establishments, all industries2,362
- Employment at those establishments39,322
- Annual payroll$2.02 bn
- Establishments per 1,000 residents17.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Hampton city
Building permits in Hampton city
- Housing units authorized by permit, 202468
- Declared construction value permitted$13.7 m
- Single family units authorized68
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$201,170
- Units authorized per 1,000 households1.2
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Hampton city
SBA loans in Hampton city (7(a) and 504)
- 7(a) approvals recorded47
- 7(a) gross approval dollars$43.6 m
- Average 7(a) approval$928,213
- Median 7(a) approval$350,000
- 10th percentile approval$58,120
- 90th percentile approval$2,884,800
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)828
- Jobs per approval17.6
- Distinct 7(a) lenders active29
- Distinct industries receiving approvals37
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer19.1 percent
- Loans on real estate terms9
- Loans on working capital terms, 120 months or shorter37
- Franchise loans9
- Franchise share of approvals19.1 percent
- Leading industry by approval countGeneral Freight Trucking, Local (4)
- Most active lenderBayPort Federal Credit Union (6)
- 504 approvals recorded27
- 504 gross approval dollars$18.3 m
- Average 504 approval$676,407
- Median 504 approval$450,000
- Distinct CDCs active3
- 504 jobs per approval6.4
- 504 jobs per million dollars approved9.5
- Most active CDC504 Capital Corporation (21)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$61.9 m
The average approval of $928,213 sits well above the median of $350,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 19.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hampton city
SBA loan default and charge-off rates in Hampton city
Do SBA loans in Hampton city get paid back?
- Loans with a final outcome recorded4
- Paid in full4
- Charged off0
- Status: Paid in full4
- Status: Exempt from disclosure36
- Status: Cancelled5
- Status: Committed, not yet disbursed2
Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hampton city
How large is Hampton city?
- Land area51 sq mi
- Rank by land area among Virginia independent cities101st of 133
- Width, east to west10.7 mi
- Height, north to south10.7 mi
- Geographies sharing a boundary3
- Residents per square mile of land2,697
- Establishments per square mile46.31
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Hampton city
Flood risk in Hampton city
- Participation of the county's own NFIP community Hampton, city ofParticipating, community 515527
- Community Rating System class of the county's own communityClass 7
- Communities in the county in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class1
- Radon levels in Hampton city, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, the City of Hampton (community 515527), participates in the National Flood Insurance Program and carries Community Rating System class 7, a flood insurance premium discount for policies written there. The EPA places Hampton city in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 7, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Hampton city site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Hampton city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024137,557
- Households58,057
- Average household size2.37
- Median household income$69,621
- Median age36.8
Common questions
Hampton city questions, answered from the record.
How many people live in Hampton city, Virginia?
The Census Bureau estimates 137,596 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 137,557, in 58,057 households, ranking 15th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hampton city's population growing?
The population has grown 0.32 percent since the 2020 census base of 137,154, to 137,596 on July 1, 2024. In 2024 there were 1,609 births against 1,411 deaths, with net migration of 240. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hampton city?
$69,621. The median owner-occupied home is valued at $245,700, which is 3.5 times income, and median gross rent is $1,427 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Hampton city?
2,362 establishments, employing 39,322 people with an annual payroll of $2.02 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Hampton city?
Health care and social assistance is the largest private sector at 6,524 jobs, 13.0 percent of covered employment. Covered employment averages 50,137 jobs at an average annual pay of $63,365, or $1,219 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hampton city?
47 7(a) approvals totaling $43.6 m since FY2020, across 29 lenders, with a median approval of $350,000, plus 27 504 approvals worth $18.3 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Hampton city?
68 housing units were authorized by permit in 2024, with a declared construction value of $13.7 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hampton city?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Hampton city come from?
The largest single origin is Newport News city, with 1,692 households. Arriving households report an average income of $43,544 against $50,367 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Hampton city on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Hampton city?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
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