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Colonial Place (Tract 002600)

Norfolk, Virginia

FIPS 51710002600

Juniper

Colonial Place (Tract 002600) is in the lowest 11% nationally for FEMA risk score. It also sits in the lowest 12% nationally for median income. And it sits in the highest 12% nationally for home price against income.

Median Income

$45,396

Lower than 88% of U.S. tracts
Home Price vs Incomeyears of income to buy a typical home

7.07×

Higher than 88% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

11.6

Lower than 89% of U.S. tracts

The basics

Total Population

3,622

Median Age

21.6

Population Density

11,050.71

Home values & property tax

Median Property Tax

$2,231

Property Tax Rateyearly tax as a share of home value

0.69%

Cost of living & affordability

Median Rent

$1,428

Higher than 56% of U.S. tracts

Home prices & appreciation

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

29%

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

12%

Climate & weather

Summer Avg High (°F)

85.9

Winter Avg Low (°F)

34.1

Avg Temperature (°F)

60.1

Hot Days/yr (>90°F)

35.2

Freezing Days/yr (<32°F)

50.5

Annual Precipitation (in)

50

Annual Snowfall (in)

3

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.13

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Colonial Place (Tract 002600): frequently asked questions

How much is property tax in Colonial Place (Tract 002600)?
The median annual property tax in Colonial Place (Tract 002600) is $2,231, an effective rate of 0.69% of home value.
Is Colonial Place (Tract 002600) expensive to live in?
Homes in Colonial Place (Tract 002600) cost about 7.07× the median household income, higher than 88% of U.S. tracts.
What is the average rent in Colonial Place (Tract 002600)?
The median gross rent in Colonial Place (Tract 002600) is $1,428 a month, higher than 56% of U.S. tracts.
How many people live in Colonial Place (Tract 002600)?
Colonial Place (Tract 002600) has a population of 3,622, about 11,050.71 people per square mile, per the U.S. Census American Community Survey. The median age is 21.6.
What is the weather like in Colonial Place (Tract 002600)?
Colonial Place (Tract 002600) averages 60.1°F year-round, summer highs near 85.9°F, winter lows around 34.1°F (NOAA 1991–2020 normals). It sees about 3 inches of snow a year.
Is Colonial Place (Tract 002600) at risk of flooding or natural disasters?
Colonial Place (Tract 002600)'s FEMA National Risk Index score is 11.6 (lower than 89% of U.S. tracts). Its greatest modeled natural hazard is hurricane. Expected annual loss from flooding is $0.13 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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