| ZIP Code | 23507 |
|---|---|
| City | Norfolk |
| State | Virginia (VA) |
| County | Norfolk (city) County |
| Area Code | 757/948 |
| Elevation | 8 ft |
| Latitude | 36.864564 |
|---|---|
| Longitude | -76.303218 |
| Timezone | New York (DST) |
| FIPS | 51710 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.8 yrs |
|---|---|
| Avg Household Size | 1.93 |
| Below Poverty | 10.4% ≈ Avg |
| College Grads | 80.4% ▲ 107% above avg |
| Unemployment | 2.8% ▼ 42% below avg |
| No HS Diploma | 28 (0.6%) |
| HS Graduate | 181 (3.7%) |
| Some College | 327 (6.8%) |
| Associates | 415 (8.6%) |
| Bachelors | 202 (4.2%) |
| Graduate Degree | 3,687 (76.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $107,650 ▲ 41% above avg ↑ 41% since 2019 |
|---|---|
| Median Home Value | $560,700 ▲ 101% above avg ↑ 47% since 2019 |
| Home/Income Ratio | 5.2x (nat avg ~3.5x) |
| Median Rent | $1,422/mo ↑ 13% since 2019 |
| Total Units | 3,530 |
| Vacant Units | 249 |
| Avg HH Size | 1.93 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,530 |
|---|---|
| Vacant | 249 |
| Owner Occupied | 44.9% |
| Renter Occupied | 55.1% |
| Avg HH Size | 1.93 |
ZIP code 23507 is located in Norfolk, Virginia, within Norfolk (city) County. With a population of 6,515, this is a lightly populated ZIP code with a relatively young community — the median age is 34.8 years. Economically, 23507 is a upper-middle-income ZIP code: the median household income of $107,650 is above the national average.
Real estate in ZIP code 23507 represents a premium housing market. The median home value of $560,700 is more than double the national average. Renters can expect to pay around $1,422 per month in median rent. The area has a relatively balanced mix of owners (44.9%) and renters (55.1%). Median home values have increased by 47% since 2019.
The population of 23507 is primarily White (77.67%). Residents are highly educated — 80.4% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects some residents at 10.4%. Household income has grown by 41% since 2019.
The unemployment rate in 23507 stands at 2.8%, which is below the national average. About 17% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 65%.
Overall, ZIP code 23507 in Norfolk, VA is characterized as upper-middle-income, highly educated, and a relatively young community. With 6,515 residents, a median household income of $107,650, and a median home value of $560,700, it offers a clear picture of life in this part of Virginia.