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Hollywood (Tract 040600)

Virginia Beach, Virginia

FIPS 51810040600

Juniper

Hollywood (Tract 040600) is in the lowest 10% nationally for FEMA risk score. It also sits in the lowest 15% nationally for median income. And it sits in the highest 21% nationally for home price against income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$344,656

Near the U.S. tracts median
Home Price Growth, Past Five Years

63%

Higher than 78% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

10.4

Lower than 90% of U.S. tracts

The basics

Total Population

7,949

Median Age

31.2

Population Density

6,215.52

Home values & property tax

Median Property Tax

$2,361

Property Tax Rateyearly tax as a share of home value

0.86%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

5.62×

Higher than 79% of U.S. tracts
Median Income

$48,718

Lower than 85% of U.S. tracts
Median Rent

$1,603

Higher than 64% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

4.1%

Higher than 56% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

52%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

21%

Climate & weather

Summer Avg High (°F)

85.9

Winter Avg Low (°F)

34.1

Avg Temperature (°F)

60.1

Hot Days/yr (>90°F)

35.2

Freezing Days/yr (<32°F)

50.5

Annual Precipitation (in)

53.3

Annual Snowfall (in)

6.2

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Hollywood (Tract 040600): frequently asked questions

What is the typical home value in Hollywood (Tract 040600)?
The estimated median home value in Hollywood (Tract 040600) today is $344,656, near the U.S. tracts median.
How much is property tax in Hollywood (Tract 040600)?
The median annual property tax in Hollywood (Tract 040600) is $2,361, an effective rate of 0.86% of home value.
Is Hollywood (Tract 040600) expensive to live in?
Homes in Hollywood (Tract 040600) cost about 5.62× the median household income, higher than 79% of U.S. tracts.
What is the average rent in Hollywood (Tract 040600)?
The median gross rent in Hollywood (Tract 040600) is $1,603 a month, higher than 64% of U.S. tracts.
How much have home prices grown in Hollywood (Tract 040600)?
Home prices in Hollywood (Tract 040600) have moved 63% over the past five years (4.1% in the past year), per the FHFA House Price Index.
How many people live in Hollywood (Tract 040600)?
Hollywood (Tract 040600) has a population of 7,949, about 6,215.52 people per square mile, per the U.S. Census American Community Survey. The median age is 31.2.
What is the weather like in Hollywood (Tract 040600)?
Hollywood (Tract 040600) averages 60.1°F year-round, summer highs near 85.9°F, winter lows around 34.1°F (NOAA 1991–2020 normals). It sees about 6.2 inches of snow a year.
Is Hollywood (Tract 040600) at risk of flooding or natural disasters?
Hollywood (Tract 040600)'s FEMA National Risk Index score is 10.4 (lower than 90% of U.S. tracts). Its greatest modeled natural hazard is hurricane. Expected annual loss from flooding is $0 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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