Norfolk, Virginia

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
236,973
Population
$60,998
Median Income
$254,200
Home Value
32.2
Median Age

Demographics

Norfolk has a population of 236,973 with a median age of 32.2. Here is the racial and ethnic breakdown of the population:

White
44.8%
Black
40.7%
Hispanic
8.7%
Asian
3.8%
Other
2.0%
Demographic Value
Total Population236,973
Median Age32.2
White44.8%
Black or African American40.7%
Asian3.8%
Hispanic or Latino8.7%
Other / Two or More Races2.0%

Income & Economy

The median household income in Norfolk is $60,998, which is 18.8% below the national median of $75,149. The per capita income is $35,761. The poverty rate is 16.9%.

$60,998
Median Household Income
$35,761
Per Capita Income
16.9%
Poverty Rate

Employment

The unemployment rate in Norfolk is 6.7%, compared to the national rate of 5.4%.

Education

In Norfolk, 89.3% of residents age 25+ have a high school diploma or higher, and 32.2% hold a bachelor's degree or higher (13.0% with a graduate or professional degree).

HS Diploma+
89.3%
Bachelor's+
32.2%
Graduate+
13.0%
Education Level % of Adults (25+)
High School Diploma or Higher89.3%
Bachelor's Degree or Higher32.2%
Graduate or Professional Degree13.0%

Housing

The median home value in Norfolk is $254,200, below the national median of $281,900. The median monthly rent is $1,188. The homeownership rate is 44.8%.

$254,200
Median Home Value
$1,188/mo
Median Rent
44.8%
Homeownership Rate
Housing Metric Value
Median Home Value$254,200
Median Monthly Rent$1,188
Homeownership Rate44.8%
Vacancy Rate7.8%

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Frequently Asked Questions

What is the population of Norfolk, Virginia?
The population of Norfolk, Virginia is 236,973 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Norfolk, Virginia?
The median household income in Norfolk, Virginia is $60,998. This is 18.8% below the national median of $75,149.
What is the median home value in Norfolk, Virginia?
The median home value in Norfolk, Virginia is $254,200. The median monthly rent is $1,188.
What percentage of people in Norfolk have a college degree?
In Norfolk, Virginia, 32.2% of adults age 25 and older hold a bachelor's degree or higher, and 89.3% have a high school diploma or higher.
Is Norfolk, Virginia an affordable place to live?
The home price-to-income ratio in Norfolk, Virginia is 4.2x (median home value $254,200 vs. median income $60,998), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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