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ZIP Code 23504

Norfolk, Virginia

ZCTA 23504

Juniper

ZIP Code 23504 is in the lowest 5% nationally for FEMA risk score. It also sits in the highest 3% nationally for home price growth over the past year. And it sits in the lowest 9% nationally for median income.

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

$333,736

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

59%

Higher than 67% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

18.6

Lower than 95% of U.S. ZIP codes

The boundary of ZIP Code 23504, in Norfolk, Virginia.

The basics

Total Population

23,502

Median Age

28

Population Density

5,745.97

Home values & property tax

Median Property Tax

$2,072

Property Tax Rateyearly tax as a share of home value

0.77%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

6.03×

Higher than 91% of U.S. ZIP codes
Median Income

$44,659

Lower than 91% of U.S. ZIP codes
Median Rent

$957

Lower than 56% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

19%

Higher than 97% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

36%

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

24%

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)

6.2

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.04

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 23504: frequently asked questions

What is the typical home value in ZIP Code 23504?
The estimated median home value in ZIP Code 23504 today is $333,736, near the U.S. ZIP codes median.
How much is property tax in ZIP Code 23504?
The median annual property tax in ZIP Code 23504 is $2,072, an effective rate of 0.77% of home value.
Is ZIP Code 23504 expensive to live in?
Homes in ZIP Code 23504 cost about 6.03× the median household income, higher than 91% of U.S. ZIP codes.
What is the average rent in ZIP Code 23504?
The median gross rent in ZIP Code 23504 is $957 a month, lower than 56% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 23504?
Home prices in ZIP Code 23504 have moved 59% over the past five years (19% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 23504?
ZIP Code 23504 has a population of 23,502, about 5,745.97 people per square mile, per the U.S. Census American Community Survey. The median age is 28.
What is the weather like in ZIP Code 23504?
ZIP Code 23504 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 6.2 inches of snow a year.
Is ZIP Code 23504 at risk of flooding or natural disasters?
ZIP Code 23504's FEMA National Risk Index score is 18.6 (lower than 95% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0.04 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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