| ZIP Code | 23503 |
|---|---|
| City | Norfolk |
| State | Virginia (VA) |
| County | Norfolk (city) County |
| Area Code | 757/948 |
| Elevation | 11 ft |
| Latitude | 36.948786 |
|---|---|
| Longitude | -76.266459 |
| Timezone | New York (DST) |
| FIPS | 51710 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.5 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.14 |
| Below Poverty | 12.9% ▲ 29% above avg |
| College Grads | 42.2% ▲ 9% above avg |
| Unemployment | 3.5% ▼ 28% below avg |
| No HS Diploma | 463 (2.3%) |
| HS Graduate | 4,992 (24.4%) |
| Some College | 2,846 (13.9%) |
| Associates | 3,537 (17.3%) |
| Bachelors | 2,107 (10.3%) |
| Graduate Degree | 6,536 (31.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,428 ▼ 18% below avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $273,100 ≈ Avg ↑ 38% since 2019 |
| Home/Income Ratio | 4.4x (nat avg ~3.5x) |
| Median Rent | $1,195/mo ↑ 12% since 2019 |
| Total Units | 15,350 |
| Vacant Units | 1,173 |
| Avg HH Size | 2.14 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 15,350 |
|---|---|
| Vacant | 1,173 |
| Owner Occupied | 49.0% |
| Renter Occupied | 51.0% |
| Avg HH Size | 2.14 |
ZIP code 23503 is located in Norfolk, Virginia, within Norfolk (city) County. With a population of 30,559, this is a moderately populated ZIP code with a relatively young community — the median age is 35.5 years. Economically, 23503 is a solidly middle-class ZIP code: the median household income of $62,428 is below the national average.
Real estate in ZIP code 23503 represents a mid-range housing market. The median home value of $273,100 is near the national average. Renters can expect to pay around $1,195 per month in median rent. The area has a relatively balanced mix of owners (49.0%) and renters (51.0%). Median home values have increased by 38% since 2019.
The population of 23503 is majority White (55.56%). Residents are well-educated — 42.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 12.9%. Household income has grown by 16% since 2019.
The unemployment rate in 23503 stands at 3.5%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 23503 in Norfolk, VA is characterized as solidly middle-class, well-educated, and a relatively young community. With 30,559 residents, a median household income of $62,428, and a median home value of $273,100, it offers a clear picture of life in this part of Virginia.