Pros and Cons of Living In Norfolk, Virginia. Is Norfolk, VA a Nice Place To Live or Retire?

Norfolk, Virginia

Moving to Norfolk In Virginia ? Is Norfolk, VA a Nice Place To Live? Pros and Cons of Living in Norfolk, Virginia. Find out the best and worst about to live, raise a family or retire in Norfolk.

Norfolk (locally NOR-fuuk) is an independent city in Virginia, United States. As of the 2020 census, Norfolk had a population of 238,005, making it the third-most populous city in Virginia after neighboring Virginia Beach and Chesapeake, and the 96th-most populous city in the nation. Norfolk holds a strategic position as the historical, urban, financial, and cultural center of the Hampton Roads region (sometimes called "Tidewater"), which has more than 1.8 million inhabitants and is the 37th-largest metropolitan area in the U.S., with ten cities.

Norfolk was incorporated in 1705. Bordered to the west by the Elizabeth River and to the north by the...

DEMOGRAPHICS

Population
244300
Unemployment
8%
70% NAT AVG.
Poverty
17.8%
27% NAT AVG.
Cost Of Living
107
7% NAT AVG.

ECONOMICS

Median Home Cost
$215800
6% NAT AVG.
Median Income
$53026
21% NAT AVG.
Median Rent
$1077
7% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
8134
43% NAT. AVG.
101% STATE AVG.
Violent Crime
1543
64% NAT. AVG.
205% STATE AVG.
Property Crime
6591
39% NAT. AVG.
87% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 13
People Earning < $10,000
1 in 12
People Earning < $50,000
46.8%
People With Any Degree
1 in 2.7

ETHNICITY

Ethnicity Norfolk USA
White 43.1% 60.1%
African American 40.1% 12.2%
American Indian 0.2% 0.6%
Asian 3.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.3% 2.8%
Hispanic 8.4% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Norfolk USA
Less than $10,000 8.4% 5.8%
$10,000 to $14,999 4.5% 4.1%
$15,000 to $24,999 9.8% 8.5%
$25,000 to $34,999 10.9% 8.6%
$35,000 to $49,999 13.2% 12.0%
$50,000 to $74,999 19.4% 17.2%
$75,000 to $99,999 12.3% 12.8%
$100,000 to $149,999 12.5% 15.6%
$150,000 to $199,999 4.8% 7.1%

EDUCATION

Education Norfolk USA
< 9th Grade 4% 5.0%
9-12th Grade 9% 7.0%
High School or GED 25% 27.0%
Other College 25% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 8% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Norfolk is a city in Virginia state in USA with a population of 244300 residents.. The poverty rate of Norfolk is 17.8%, which is 27% higher than national average. The typical household in Norfolk earns $53026 a year, compared to the national median of $67,500. Nearly 46.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Norfolk remained 8%, which is 70% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Norfolk is 107, which is 7% higher than national average. In Norfolk, only 29% of adults have a bachelor's degree and 33% have some college but no degree. Median home value in Norfolk is $215800 , which is 6% lower than national average. While median income in Norfolk remained $53026, which is 21% lower than national average.
Norfolk Scorecard

Jobs60%

Housing80%

Affordability50%

Safety40%

Amenities100%

Diversity95%

Education70%

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