| ZIP Code | 23505 |
|---|---|
| City | Norfolk |
| State | Virginia (VA) |
| County | Norfolk (city) County |
| Area Code | 757/948 |
| Elevation | 4 ft |
| Latitude | 36.912882 |
|---|---|
| Longitude | -76.299596 |
| Timezone | New York (DST) |
| FIPS | 51710 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.9 yrs ↑ 10% since 2019 |
|---|---|
| Avg Household Size | 2.25 |
| Below Poverty | 15.9% ▲ 59% above avg |
| College Grads | 44.2% ▲ 14% above avg |
| Unemployment | 6.0% ▲ 23% above avg |
| No HS Diploma | 336 (2%) |
| HS Graduate | 3,926 (23.4%) |
| Some College | 2,119 (12.6%) |
| Associates | 2,965 (17.7%) |
| Bachelors | 2,059 (12.3%) |
| Graduate Degree | 5,351 (31.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $55,678 ▼ 27% below avg ↑ 10% since 2019 |
|---|---|
| Median Home Value | $318,600 ▲ 14% above avg ↑ 34% since 2019 |
| Home/Income Ratio | 5.7x (nat avg ~3.5x) |
| Median Rent | $1,279/mo ↑ 26% since 2019 |
| Total Units | 13,715 |
| Vacant Units | 927 |
| Avg HH Size | 2.25 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 13,715 |
|---|---|
| Vacant | 927 |
| Owner Occupied | 36.3% |
| Renter Occupied | 63.7% |
| Avg HH Size | 2.25 |
ZIP code 23505 is located in Norfolk, Virginia, within Norfolk (city) County. With a population of 28,983, this is a moderately populated ZIP code with a relatively young community — the median age is 31.9 years. Economically, 23505 is a solidly middle-class ZIP code: the median household income of $55,678 is below the national average.
Real estate in ZIP code 23505 represents a mid-range housing market. The median home value of $318,600 is near the national average. Renters can expect to pay around $1,279 per month in median rent. This is predominantly a renter community, with 63.7% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 34% since 2019.
The population of 23505 is racially diverse, with White as the largest group at 44.2%. Residents are well-educated — 44.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 15.9%. Household income has grown by 10% since 2019.
The unemployment rate in 23505 stands at 6.0%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 23505 in Norfolk, VA is characterized as solidly middle-class, well-educated, and a relatively young community. With 28,983 residents, a median household income of $55,678, and a median home value of $318,600, it offers a clear picture of life in this part of Virginia.