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Oakwood (Tract 005800)

Norfolk, Virginia

FIPS 51710005800

Juniper

Oakwood (Tract 005800) is in the lowest 18% nationally for FEMA risk score. It also sits in the lowest 19% nationally for median income. And it sits in the highest 25% nationally for home price against income.

Median Income

$52,193

Lower than 81% of U.S. tracts
Home Price vs Incomeyears of income to buy a typical home

5.2×

Higher than 75% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

18.1

Lower than 82% of U.S. tracts

The basics

Total Population

4,037

Median Age

38.2

Population Density

6,658.35

Home values & property tax

Median Property Tax

$2,082

Property Tax Rateyearly tax as a share of home value

0.77%

Cost of living & affordability

Median Rent

$1,156

Lower than 61% of U.S. tracts

Home prices & appreciation

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

25%

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

16%

Climate & weather

Summer Avg High (°F)

87.2

Winter Avg Low (°F)

35.5

Avg Temperature (°F)

61.6

Hot Days/yr (>90°F)

36.2

Freezing Days/yr (<32°F)

40.6

Annual Precipitation (in)

49.2

Annual Snowfall (in)

6.2

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Oakwood (Tract 005800): frequently asked questions

How much is property tax in Oakwood (Tract 005800)?
The median annual property tax in Oakwood (Tract 005800) is $2,082, an effective rate of 0.77% of home value.
Is Oakwood (Tract 005800) expensive to live in?
Homes in Oakwood (Tract 005800) cost about 5.2× the median household income, higher than 75% of U.S. tracts.
What is the average rent in Oakwood (Tract 005800)?
The median gross rent in Oakwood (Tract 005800) is $1,156 a month, lower than 61% of U.S. tracts.
How many people live in Oakwood (Tract 005800)?
Oakwood (Tract 005800) has a population of 4,037, about 6,658.35 people per square mile, per the U.S. Census American Community Survey. The median age is 38.2.
What is the weather like in Oakwood (Tract 005800)?
Oakwood (Tract 005800) averages 61.6°F year-round, summer highs near 87.2°F, winter lows around 35.5°F (NOAA 1991–2020 normals). It sees about 6.2 inches of snow a year.
Is Oakwood (Tract 005800) at risk of flooding or natural disasters?
Oakwood (Tract 005800)'s FEMA National Risk Index score is 18.1 (lower than 82% of U.S. tracts). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

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

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