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AREA INFORMATION

23505 (Norfolk, VA)

Explore the real estate in 23505 (Norfolk, VA)

Area Highlights

23505 (Norfolk, VA) residents have a median age of 32.3 years old, with employment highest in the military and sales industries.

31,840 Population

10,837 Households

$64,633 /yr
Median Household Income

$331,500
Median Home Sale Price

21m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

32.3 Median Age

Average Household Size

2.4
persons per
household

35.1%

Married Households

Community Population By Education

Some College 26%
High School Graduate 21%
Bachelors Degree 21%
Graduate Degree 14%
Associates Degree 11%
Some High School 8%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 25.95% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.7% of households have children

Area Schools

PK-5
0.3 MILES
D
Granby Elementary School
9-12
0.5 MILES
D
Granby High School
PK-12
0.6 MILES
Norfolk Collegiate School
PK-12
0.9 MILES
Norfolk Christian Schools
PK-5
1 MILES
D-
Suburban Park Elementary School
PK-KG
1.1 MILES
Loch-meadow Kindergarten
PK-5
1.4 MILES
B-
Camp Allen Elementary School
PK-5
1.8 MILES
C-
Sewells Point Elementary School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$64,633 /yr
Median Household Income
$331,500
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 20.25% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 7%
  • Walk or Bike 3%
  • Public Transit 2%

Occupancy by Type

Rented 7,184 61%
Owned 3,653 31%
Vacant 941 8%

White vs Blue Collar Jobs







White Collar 78%
Blue Collar 22%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 32.3 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 49%
Black 31%
Hispanic 13%
Other 5%
Asian 5%
Native American <1%
The most prevalent ethnicity is White at 49%, followed by Black at 31%, Hispanic at 13%, and Other at 5%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

87° July
Hottest Average Month
32° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
32°
48°
Feb
33°
50°
Mar
39°
58°
Apr
48°
68°
May
57°
76°
Jun
66°
83°
Jul
70°
87°
Aug
69°
85°
Sep
64°
80°
Oct
53°
70°
Nov
43°
61°
Dec
35°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$749,000
For sale
4 beds • 2 baths • 3,000 sqft

1330 Laurel Crescent
Norfolk, VA 23505

$225,000
For sale
3 beds • 3 baths • 2,000 sqft

7720 Dunfield Place A3
Norfolk, VA 23505

$222,500
For sale
3 beds • 1 baths • 864 sqft

7432 FENNER Street
Norfolk, VA 23505

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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