The State of the Region: Hampton Roads 2023
In 2021, more than 1 in 10 residents of Hampton Roads identified themselves as a veteran of military service. Among these veterans, almost 1 in 3 were military retirees. With thousands of active-duty service members separating from service in Hampton Roads every year, we ask what is the impact of these veterans on the regional economy. We find that working-age veterans in Hampton Roads are more likely to participate in the labor force than their non-veteran counterparts and that the presence of veterans brings billions of dollars into the region.
Dragas Center for Economic Analysis and Policy, Old Dominion University, "Part 3: The Fourth Pillar: Veterans in Hampton Roads" (2023). State of the Region Reports: Hampton Roads. 210.