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AREA INFORMATION

23508 (Norfolk, VA)

Explore the real estate in 23508 (Norfolk, VA)

Area Highlights

23508 (Norfolk, VA) residents have a median age of 29.1 years old, with employment highest in the food and education industries.

19,792 Population

6,106 Households

$76,265 /yr
Median Household Income

$315,000
Median Home Sale Price

18m Median Commute Time

Most people in this area drive to work.

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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

29.1 Median Age

Average Household Size

2.5
persons per
household

38.7%

Married Households

Community Population By Education

Bachelors Degree 32%
Graduate Degree 24%
Some College 19%
High School Graduate 14%
Associates Degree 5%
Some High School 5%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 32.4% 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)
23.9% of households have children

Area Schools

PK-5
0.2 MILES
B
Larchmont Elementary School
UG
0.6 MILES
Norfolk Alternative Middle School
UG
0.6 MILES
Madison Alternative
UG
0.6 MILES
Norfolk Alternative High School
PK-5
1 MILES
D+
James Monroe 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

$76,265 /yr
Median Household Income
$315,000
Median Sales Price
18 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 Under $15k representing 14.53% of the households.

Transportation to Work

  • Drive 56%
  • Work from Home 24%
  • Walk or Bike 18%
  • Public Transit 3%

Occupancy by Type

Rented 3,259 48%
Owned 2,846 42%
Vacant 630 9%

White vs Blue Collar Jobs







White Collar 85%
Blue Collar 15%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 29.1 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 52%
Black 34%
Hispanic 6%
Asian 5%
Other 2%
Native American <1%
The most prevalent ethnicity is White at 52%, followed by Black at 34%, Hispanic at 6%, and Asian 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°
86°
Sep
64°
80°
Oct
53°
70°
Nov
43°
61°
Dec
35°
52°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$300,000
For sale
3 beds • 1 baths • 1 half baths • 1,432 sqft

1224 W 27th Street
Norfolk, VA 23508

$474,900
For sale
3 beds • 2 baths • 1 half baths • 1,905 sqft

412 Carolina Avenue
Norfolk, VA 23508

$474,900
For sale
3 beds • 2 baths • 1 half baths • 1,905 sqft

402 Carolina Avenue
Norfolk, VA 23508

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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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