Most Expensive Norfolk Neighborhoods
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 245,428 people and 81 constituent neighborhoods, Norfolk is the second largest community in Virginia.
The armed forces are a huge part of the life in Norfolk, employing 7.89% of the workforce. While it is a military town, the civilian sector still plays an important role in the local economy, where the Healthcare and Retail industries employ 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.
A relatively large number of people in Norfolk telecommute to their jobs. Overall, about 7.67% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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 made interesting by being both a reasonably big city and having a major college student population: students here will find that the city provides a lot of amenities, culture, and opportunities for them. Norfolk is more than just a college town, however, though the thousands of students certainly are a major part of the character of the city, as well as a contributor to the local economy.
Not only is Norfolk a city with many college students, but it also retains many recent graduates who are looking to start new careers, shaping the character of the city into a place that is geared toward, and considered attractive to, many single, educated people. Many singles consider Norfolk a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.
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. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
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.
The percentage of people in Norfolk who are college-educated is somewhat higher than the average US community of 21.84%: 25.34% of adults in Norfolk 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||$202,929|
|MEDIAN RENTAL PRICE||$1,103|
|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 - $400,000||10.38%|
|$400,001 - $500,000||5.85%|
|$500,001 - $750,000||4.97%|
|$750,001 - $1,001,000||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%)
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