Industry in Virginia Beach, VA

The economy in Virginia Beach is very diverse, with many company headquarters located there, a popular tourism industry, and a strong military presence. Over 3 million people visit the many tourist attractions in Virginia Beach a year, and contribute millions of dollars to the city's economy. The retail and wholesale industries have become highly successful because of a growing population, with around one-third of Virginia Beach's labor force employed in this area. The military sector also provides a lot of employment for Virginia, with many military bases stationed there, such as the Naval Air Station Oceana and the Fleet Training Center Dam Neck.

Some of the largest employers in Virginia Beach include: American Systems Engineering, Amerigroup, Manpower, Geico Direct, and Gold Key Resorts.

The median income for a family in Virginia Beach as of the 2000 census was $48,705, and the unemployment rate in 2004 was 4.0%.