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ZIP Code 23518

Norfolk, Virginia

ZCTA 23518

Juniper

ZIP Code 23518 is in the lowest 1% nationally for FEMA risk score. It also sits in the lowest 17% nationally for home price growth over the past year. And it sits in the highest 25% nationally for median rent.

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

$340,227

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

43%

Lower than 74% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

9.1

Lower than 99% of U.S. ZIP codes

The boundary of ZIP Code 23518, in Norfolk, Virginia.

The basics

Total Population

29,746

Median Age

37.4

Population Density

4,851.02

Home values & property tax

Median Property Tax

$3,178

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

3.88×

Higher than 69% of U.S. ZIP codes
Median Income

$77,594

Higher than 59% of U.S. ZIP codes
Median Rent

$1,425

Higher than 75% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

-1.3%

Lower than 83% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

44%

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

23%

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

$0.11

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 23518: frequently asked questions

What is the typical home value in ZIP Code 23518?
The estimated median home value in ZIP Code 23518 today is $340,227, near the U.S. ZIP codes median.
How much is property tax in ZIP Code 23518?
The median annual property tax in ZIP Code 23518 is $3,178, an effective rate of 1.1% of home value.
Is ZIP Code 23518 expensive to live in?
Homes in ZIP Code 23518 cost about 3.88× the median household income, higher than 69% of U.S. ZIP codes.
What is the average rent in ZIP Code 23518?
The median gross rent in ZIP Code 23518 is $1,425 a month, higher than 75% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 23518?
Home prices in ZIP Code 23518 have moved 43% over the past five years (-1.3% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 23518?
ZIP Code 23518 has a population of 29,746, about 4,851.02 people per square mile, per the U.S. Census American Community Survey. The median age is 37.4.
What is the weather like in ZIP Code 23518?
ZIP Code 23518 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 ZIP Code 23518 at risk of flooding or natural disasters?
ZIP Code 23518's FEMA National Risk Index score is 9.1 (lower than 99% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0.11 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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