Portsmouth By The Numbers

We know that the decision to start or locate your business in a certain city is based on a number of things – quality of life for employees, taxes, population and talent pipeline, availability of training, and so much more.

Portsmouth offers the robust infrastructure of a large scale city while maintaining the quality of life of a small-to-mid-size city. We have highly skilled tradespeople, well-educated professionals, and strong partnerships with the many education institutions across the region.

Take a look at some of our key data and let us know how we can help with your decision-making.

Key Industries

The City of Portsmouth serves a wide range of growing industries. The Economic Development team is committed to supporting and building a diverse, innovative, and talent-focused economy that enhances the quality of life for both Portsmouth residents and visitors, across all socioeconomic levels.

Our location in both the middle of Hampton Roads and in the center of the east coast gives way to natural key industries such as maritime and logistics, advanced manufacturing and offshore wind. We are to support technical innovations through our data center, information services, and modeling and simulation clusters.

From advanced manufacturing for national defense clients to small businesses and specialty retail supporting niche markets, the City of Portsmouth offers a robust environment to start, locate, and grow your business.

  • Maritime and logistics
  • Advanced Manufacturing
  • Small Business
  • Modeling, Simulation, and technology
  • Specialty Retail
  • Information Services

Key Stats

Total Population 97,915 8,631,393
Median Age

35.3

38.5
Median Household Income $52,175 $76,456
Median Household Value $205,400 $329,200
Cost of Living
89.6 $180,569