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.
7.89% of the workforce is employed in the armed forces, making the military a huge focus of life in Norfolk. Even though it is a military town, the civilian sector still plays an important role in the local economy. The Healthcare and Retail industries respectively employ 12.77% and 12.56% of the civilian workforce.
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, 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.
One of the nice things about Norfolk is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
Like elsewhere in America, most people in Norfolk use a private automobile to get to work. But notably, a substantial number of Norfolk‘s citizens do make use of public transit in their daily commute, primarily riding the bus. This helps more people get to work with less air pollution, and require fewer highways to get them there.
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||$202,614|
|MEDIAN RENTAL PRICE||$1,101|
|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 - $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%)
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