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Virginia · Census place 57000

Norfolk city, VA

Quick answer

Norfolk city has 235,037 residents, ranking #4 of 688 places in Virginia. Median household income is $64,017, the median home is worth $271,900 and median gross rent runs $1,246 a month.

Population
235,037Norfolk city residents
Median household income
$64,017Past 12 months, inflation adjusted
Median home value
$271,900Owner-occupied units
Median gross rent
$1,246Rent plus utilities, monthly
Median age
32.4 yrsAll residents
Homeownership rate
45.7%Owner-occupied households

What the numbers mean in Norfolk city

Housing cost measured against local earnings.

A household earning the Norfolk city median would spend about 23.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.3% of residents and 45.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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