Most Expensive Norfolk Neighborhoods
|1||Lakewood / Lafayette Shores|
|2||Pleasant Ave / Shore Dr|
|3||Ghent / Eastern Virginia Medical School|
|5||Meadowbrook / Algonquin Park|
|8||Granby St / Kingsley Ln|
|10||Monticello Ave / E 18th St|
Norfolk is a relatively large coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Virginia. With a population of 246,139 people and 81 constituent neighborhoods, Norfolk is the second largest community in Virginia.
Norfolk is a military town: the armed forces employs 7.89% of the workforce, making the military a major focus of life in the city. In the civilian sector, Healthcare and Retail are important in the local economy and are the city’s largest civilian employers, employing 12.77% and 12.56% of the civilian workforce respectively.
Also of interest is that Norfolk has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 7.67% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Norfolk is a nice balance between life in a moderately big city and the interesting diversions and culture that come from having a big college student population. The thousands of students who arrive on campus every fall will find that Norfolk has plenty of amenities and opportunities for them, while residents of Norfolk enjoy the lectures, music, art, and economic trickle-down that colleges typically provide. "Town and Gown" complement each other in Norfolk.
Not only is Norfolk a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a very large population of people who are young, single, educated, and upwardly-mobile. That’s because Norfolk is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Norfolk a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
Norfolk is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
For the size of the city, public transportation in Norfolk is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Norfolk, the benefits are reduced air pollution and congestion on the highways.
In terms of college education, Norfolk is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 25.34% of adults 25 and older in the city have at least a bachelor's degree.
The per capita income in Norfolk in 2010 was $24,659, which is middle income relative to Virginia, and upper middle income relative to the rest of the US. This equates to an annual income of $98,636 for a family of four. However, Norfolk contains both very wealthy and poor people as well.
Norfolk is an extremely ethnically-diverse city. The people who call Norfolk home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Norfolk residents report their race to be White, followed by Black or African-American. Important ancestries of people in Norfolk include German, Irish, English, Italian and African.
The most common language spoken in Norfolk is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||86,485|
|NORFOLK HOME OWNERSHIP|
|% OWNER OCCUPIED||40.35%|
|% RENTER OCCUPIED||59.65%|
|TYPE OF NORFOLK HOMES|
|SINGLE FAMILY DETACHED||49.08%|
|ROWHOUSES AND ATTACHED HOMES||7.93%|
|SMALL APARTMENT BUILDINGS||13.55%|
|COMPLEXES OR HIGH RISE APARTMENTS||28.45%|
|SIZE OF NORFOLK HOMES|
|5 OR MORE BEDROOMS||2.75%|
|AGE OF NORFOLK HOMES|
|NEWER HOMES (2000 OR LATER)||8.39%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||29.25%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||47.31%|
|HISTORIC (1939 OR BEFORE)||15.05%|
|NORFOLK REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$202,533|
|MEDIAN RENTAL PRICE||$994|
|HOME VALUE RANGE|
|$0 - $50,000||3.15%|
|$50,001 - $100,000||4.01%|
|$100,001 - $200,000||41.86%|
|$200,001 - $300,000||27.09%|
|$300,001 - $399,000||10.38%|
|$399,001 - $499,000||5.85%|
|$499,001 - $749,000||4.97%|
|$749,001 - $999,000||1.53%|
|PEOPLE OF NORFOLK||DETAILS|
|UNDER 5 YEARS||6.84%|
|5 TO 17||13.81%|
|18 TO 24||19.50%|
|25 TO 34||17.65%|
|35 TO 54||23.20%|
|55 TO 64||9.51%|
|65 YEARS AND OVER||9.49%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||86.01%|
|MEDIAN HOUSEHOLD INCOME||$44,747|
|PER CAPITA INCOME||$24,659|
|INDIVIDUALS BELOW POVERTY LEVEL||19.25%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (12.77%)
Public Service (10.04%)
Professional, scientific, and technical services (5.82%)
|BLACK OR AFRICAN AMERICAN||42.63%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.44%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.22%|
|SOME OTHER RACE ALONE||1.65%|
|TWO OR MORE RACES||3.53%|
|HISPANIC OR LATINO (OF ANY RACE)||6.89%|
|ETHNICITIES PRESENT||German (5.75%)
|LANGUAGES SPOKEN||English (90.42%)
Get matched with a pre-screened, customer-rated real estate agent and receive up to $2,000 or more when you buy or sell.
Get the Ultimate Agent…
We screen Real Estate Professionals according to rigorous sales and service benchmarks, and we constantly survey our customers to make sure that Brokers in our elite network are meeting your highest standards. We guarantee it.†
…Plus a Cash Award
How much cash could I get?
Select an option below. You'll hear from us within 1 business hour.
Copyright © 2000-2015 Location Inc®. All the trademarks displayed on this page are the property of Location, Inc®. The NeighborhoodScout® search engine is covered under US Patents No. 7,043,501 and 7,680,859. Our school rating algorithm is covered under US Patent No. 8,376,755. Other US patents pending.