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Ocean View (Tract 000300)

Norfolk, Virginia

FIPS 51710000300

Juniper

Ocean View (Tract 000300) is in the lowest 11% nationally for FEMA risk score. It also sits in the highest 15% nationally for home price against income. And it sits in the lowest 26% nationally for median income.

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

$465,006

Higher than 66% of U.S. tracts
Home Price Growth, Past Five Years

48%

Lower than 59% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

11.8

Lower than 89% of U.S. tracts

The basics

Total Population

2,599

Median Age

41.7

Population Density

3,714.46

Home values & property tax

Median Property Tax

$4,021

Property Tax Rateyearly tax as a share of home value

1.1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

6.47×

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

$58,182

Lower than 74% of U.S. tracts
Median Rent

$1,288

Near the U.S. tracts median

Home prices & appreciation

Pandemic Price Run-Up2019–20 low → 2022–23 peak

35%

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

27%

Climate & weather

Summer Avg High (°F)

86.5

Winter Avg Low (°F)

35.8

Avg Temperature (°F)

61.4

Hot Days/yr (>90°F)

41.5

Freezing Days/yr (<32°F)

32.5

Annual Precipitation (in)

45.7

Annual Snowfall (in)

3

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.01

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Ocean View (Tract 000300): frequently asked questions

What is the typical home value in Ocean View (Tract 000300)?
The estimated median home value in Ocean View (Tract 000300) today is $465,006, higher than 66% of U.S. tracts.
How much is property tax in Ocean View (Tract 000300)?
The median annual property tax in Ocean View (Tract 000300) is $4,021, an effective rate of 1.1% of home value.
Is Ocean View (Tract 000300) expensive to live in?
Homes in Ocean View (Tract 000300) cost about 6.47× the median household income, higher than 85% of U.S. tracts.
What is the average rent in Ocean View (Tract 000300)?
The median gross rent in Ocean View (Tract 000300) is $1,288 a month, near the U.S. tracts median.
How much have home prices grown in Ocean View (Tract 000300)?
Home prices in Ocean View (Tract 000300) have moved 48% over the past five years, per the FHFA House Price Index.
How many people live in Ocean View (Tract 000300)?
Ocean View (Tract 000300) has a population of 2,599, about 3,714.46 people per square mile, per the U.S. Census American Community Survey. The median age is 41.7.
What is the weather like in Ocean View (Tract 000300)?
Ocean View (Tract 000300) averages 61.4°F year-round, summer highs near 86.5°F, winter lows around 35.8°F (NOAA 1991–2020 normals). It sees about 3 inches of snow a year.
Is Ocean View (Tract 000300) at risk of flooding or natural disasters?
Ocean View (Tract 000300)'s FEMA National Risk Index score is 11.8 (lower than 89% of U.S. tracts). Its greatest modeled natural hazard is hurricane. Expected annual loss from flooding is $0.01 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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