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Norfolk, VA 23518 has a population of approximately 30,339 and experiences a population change rate of 1.86%. The population density is 4,957.4 / sq mi .
The median household income for Norfolk, VA 23518 is $65,286, with 12,542 households and an average household size of 2.28.
The median value of a home in Norfolk, VA 23518 is $284,400 with an appreciation rate of 12.20%. 50.87% of housing in the state is owned while 41.63% is rented.
The cost of living in Norfolk, VA 23518 is 103.7 %.
The unemployment rate in Norfolk, VA 23518 is 2.90%, and recent job growth is at 3.15%. Future job growth is projected at 42.69%.
The sales tax rate in Norfolk, VA 23518 is 6.00%, while the income tax rate is 5.75% .
School expenditures in Norfolk, VA 23518 are $12,905, and the school ratio is 13.5:1.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 33.3 degrees. The average rainfall is approximately 47.3 inches per year, with 5.4 inches of snow per year.
