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Norfolk, Virginia Mortgage and Housing Information
Population: 234,403
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Norfolk
Income
| U.S. | Virginia | Norfolk | |
|---|---|---|---|
| Median Earnings | $27,239 | $30,931 | $23,573 |
| Median Earnings, Males | $32,396 | $36,693 | $28,672 |
| Median Earnings, Females | $22,097 | $25,234 | $18,518 |
Males earn $10,154 (54.8%) more than Females in Norfolk.
Commuting in Norfolk
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 74,836 |
| Carpooled | 15,917 |
| Public Transit | 5,143 |
| Bicycle | 512 |
| Walking | 7,596 |
| Other Means | 3,793 |
| Total, Commuted | 107,797 |
| Worked from home | 4,286 |
| Total | 112,083 |
Time Spent Commuting in Norfolk
Time spent commuting in Norfolk
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 4,054 |
| 5-9 | 12,370 |
| 10-14 | 17,271 |
| 15-19 | 21,466 |
| 20-24 | 19,939 |
| 25-29 | 6,467 |
| 30-34 | 14,163 |
| 35-39 | 1,985 |
| 40-44 | 1,739 |
| 45-59 | 3,847 |
| 60-89 | 2,410 |
| Over 90 | 2,086 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 13,364 | 21.2% | 15,282 | 24.2% |
| Associate Degree | 3,468 | 5.5% | 4,832 | 7.7% |
| Bachelor's Degree | 9,434 | 15.0% | 9,684 | 15.4% |
| Master's Degree | 3,751 | 6.0% | 4,767 | 7.6% |
| Professional Degree | 1,107 | 1.8% | 1,118 | 1.8% |
| Doctorate Degree | 743 | 1.2% | 238 | 0.4% |
| Total (at least some college) | 31,867 | 50.6% | 35,921 | 51.8% |
| Total over 25 | 63,039 | 100% | 69,327 | 100% |
Housing in Norfolk
Value of Houses and Condos
| U.S. | Virginia | Norfolk | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $244,200 | $185,100 |
Monthly Owner Costs
| U.S. | Virginia | Norfolk | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,540 | $1,335 |
| Without a mortgage | $399 | $345 | $445 |
Tenancy in Norfolk
| Owner-occupied homes | 41,326 |
|---|---|
| Renter-occupied homes | 45,541 |
| Homes for sale | 1,139 |
| Homes for rent | 1,974 |
| Total | 97,226 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Norfolk (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 11,051 | 26.7% |
| First Mortgage Only | 21,976 | 53.2% |
| Second Mortgage and/or Home Equity Loan | 8,299 | 20.1% |
| Total | 41,326 | 100% |
Age of Norfolk Residents
| Males | Females |
|---|---|
| 27 | 32 |
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