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Norfolk, Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
233,596
Population
$66,109
Median Income
$289,900
Home Value
32.7
Median Age

Demographics

Norfolk has a population of 233,596 with a median age of 32.7. Here is the racial and ethnic breakdown of the population:

White
43.2%
Black
39.6%
Hispanic
10.1%
Asian
3.7%
Other
3.4%
Demographic Value
Total Population233,596
Median Age32.7
White43.2%
Black or African American39.6%
Asian3.7%
Hispanic or Latino10.1%
Other / Two or More Races3.4%
Norfolk, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 43.2%Black: 39.6%Hispanic/Latino: 10.1%Asian: 3.7%Other: 3.4%233,596PopulationWhiteWhite43.2%BlackBlack39.6%Hispanic/LatinoHispanic/Latino10.1%AsianAsian3.7%OtherOther3.4%

Income & Economy

The median household income in Norfolk is $66,109, which is 18.0% below the national median of $80,610. The per capita income is $39,457. The poverty rate is 16.5%.

$66,109
Median Household Income
$39,457
Per Capita Income
16.5%
Poverty Rate

Employment

The unemployment rate in Norfolk is 3.4%, compared to the national rate of 4.1%.

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Education

In Norfolk, 90.2% of residents age 25+ have a high school diploma or higher, and 33.5% hold a bachelor's degree or higher (14.1% with a graduate or professional degree).

HS Diploma+
90.2%
Bachelor's+
33.5%
Graduate+
14.1%
Education Level % of Adults (25+)
High School Diploma or Higher90.2%
Bachelor's Degree or Higher33.5%
Graduate or Professional Degree14.1%

Housing

The median home value in Norfolk is $289,900, below the national median of $303,400. The median monthly rent is $1,321. The homeownership rate is 46.3%.

$289,900
Median Home Value
$1,321/mo
Median Rent
46.3%
Homeownership Rate
Housing Metric Value
Median Home Value$289,900
Median Monthly Rent$1,321
Homeownership Rate46.3%
Vacancy Rate8.3%

Salaries in Virginia

Explore salary data for popular occupations in Virginia:

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Other Cities in Virginia

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Frequently Asked Questions

What is the population of Norfolk, Virginia?
The population of Norfolk, Virginia is 233,596 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Norfolk, Virginia?
The median household income in Norfolk, Virginia is $66,109. This is 18.0% below the national median of $80,610.
What is the median home value in Norfolk, Virginia?
The median home value in Norfolk, Virginia is $289,900. The median monthly rent is $1,321.
What percentage of people in Norfolk have a college degree?
In Norfolk, Virginia, 33.5% of adults age 25 and older hold a bachelor's degree or higher, and 90.2% 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 4.4x (median home value $289,900 vs. median income $66,109), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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