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Norfolk city, Virginia

FIPS 51710

Juniper

Norfolk city is in the highest 19% nationally for FEMA risk score. It also sits in the highest 12% nationally for median rent. And it sits in the highest 15% nationally for home price against income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$338,564

Higher than 78% of U.S. counties
Home Price Growth, Past Five Years

46%

Lower than 71% of U.S. counties
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

81.2

Higher than 81% of U.S. counties

The boundary of Norfolk city.

The basics

Total Population

233,596

Median Age

32.7

Population Density

4,384.73

Home values & property tax

Median Property Tax

$2,890

Property Tax Rateyearly tax as a share of home value

1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

4.39×

Higher than 85% of U.S. counties
Median Income

$66,109

Near the U.S. counties median
Median Rent

$1,321

Higher than 88% of U.S. counties

Home prices & appreciation

Home Price Growth, Past Year

4.9%

Higher than 63% of U.S. counties
Pandemic Price Run-Up2019–20 low → 2022–23 peak

41%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

21%

Climate & weather

Summer Avg High (°F)

86.3

Winter Avg Low (°F)

34.8

Avg Temperature (°F)

60.7

Hot Days/yr (>90°F)

37.4

Freezing Days/yr (<32°F)

43.2

Annual Precipitation (in)

49.5

Annual Snowfall (in)

4.7

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.07

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Norfolk city: frequently asked questions

What is the typical home value in Norfolk city?
The estimated median home value in Norfolk city today is $338,564, higher than 78% of U.S. counties.
How much is property tax in Norfolk city?
The median annual property tax in Norfolk city is $2,890, an effective rate of 1% of home value.
Is Norfolk city expensive to live in?
Homes in Norfolk city cost about 4.39× the median household income, higher than 85% of U.S. counties.
What is the average rent in Norfolk city?
The median gross rent in Norfolk city is $1,321 a month, higher than 88% of U.S. counties.
How much have home prices grown in Norfolk city?
Home prices in Norfolk city have moved 46% over the past five years (4.9% in the past year), per the FHFA House Price Index.
How many people live in Norfolk city?
Norfolk city has a population of 233,596, about 4,384.73 people per square mile, per the U.S. Census American Community Survey. The median age is 32.7.
What is the weather like in Norfolk city?
Norfolk city averages 60.7°F year-round, summer highs near 86.3°F, winter lows around 34.8°F (NOAA 1991–2020 normals). It sees about 4.7 inches of snow a year.
Is Norfolk city at risk of flooding or natural disasters?
Norfolk city's FEMA National Risk Index score is 81.2 (higher than 81% of U.S. counties). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0.07 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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