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Lakeland (Tract 006606)

Norfolk, Virginia

FIPS 51710006606

Juniper

Lakeland (Tract 006606) is in the lowest 16% nationally for FEMA risk score. It also sits in the lowest 28% nationally for home price growth over five years. And it sits in the lowest 29% nationally for home price growth over the past year.

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

$348,946

Near the U.S. tracts median
Home Price Growth, Past Five Years

42%

Lower than 72% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

16.5

Lower than 84% of U.S. tracts

The basics

Total Population

3,551

Median Age

38.6

Population Density

4,316.71

Home values & property tax

Median Property Tax

$3,427

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

4.12×

Higher than 59% of U.S. tracts
Median Income

$75,568

Near the U.S. tracts median
Median Rent

$1,385

Near the U.S. tracts median

Home prices & appreciation

Home Price Growth, Past Year

-0.23%

Lower than 71% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

31%

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

19%

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

Lakeland (Tract 006606): frequently asked questions

What is the typical home value in Lakeland (Tract 006606)?
The estimated median home value in Lakeland (Tract 006606) today is $348,946, near the U.S. tracts median.
How much is property tax in Lakeland (Tract 006606)?
The median annual property tax in Lakeland (Tract 006606) is $3,427, an effective rate of 1.1% of home value.
Is Lakeland (Tract 006606) expensive to live in?
Homes in Lakeland (Tract 006606) cost about 4.12× the median household income, higher than 59% of U.S. tracts.
What is the average rent in Lakeland (Tract 006606)?
The median gross rent in Lakeland (Tract 006606) is $1,385 a month, near the U.S. tracts median.
How much have home prices grown in Lakeland (Tract 006606)?
Home prices in Lakeland (Tract 006606) have moved 42% over the past five years (-0.23% in the past year), per the FHFA House Price Index.
How many people live in Lakeland (Tract 006606)?
Lakeland (Tract 006606) has a population of 3,551, about 4,316.71 people per square mile, per the U.S. Census American Community Survey. The median age is 38.6.
What is the weather like in Lakeland (Tract 006606)?
Lakeland (Tract 006606) 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 Lakeland (Tract 006606) at risk of flooding or natural disasters?
Lakeland (Tract 006606)'s FEMA National Risk Index score is 16.5 (lower than 84% of U.S. tracts). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0 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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