Norfolk, VA
NORFOLK, VIRGINIA: Demographic and Financial Snapshot
(Last updated on 1.8.21)
AGE IN NORFOLK, VIRGINIA
| Age Range | Population | Percent |
| 20 to 24 years | 35,342 | 14.4% |
| 25 to 29 years | 27,286 | 11.1% |
| 30 to 34 years | 20,064 | 8.2% |
| 35 to 39 years | 15,212 | 6.2% |
| 40 to 44 years | 12,435 | 5.1% |
| 45 to 49 years | 12,011 | 4.9% |
| 50 to 54 years | 13,406 | 5.5% |
| 55 to 59 years | 14,087 | 5.7% |
| 60 to 64 years | 12,068 | 4.9% |
| 65 to 69 years | 9,311 | 3.8% |
| 70 to 74 years | 5,940 | 2.4% |
| 75 to 79 years | 3,883 | 1.6% |
| 80 to 84 years | 3,078 | 1.3% |
| 85+ years | 3,716 | 1.5% |
The median age in Norfolk is 30.5 years
Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age
ETHNICITY IN NORFOLK, VIRGINIA
| Ethnicity | Population | Percent |
| White | 115,443 | 47.0% |
| Black or African American | 102,117 | 41.6% |
| American Indian and Alaska Native | 1,006 | 0.4% |
| Asian | 9,063 | 3.7% |
| Native Hawaiian and Other Pacific Islander | 161 | 0.1% |
| Other | 7,254 | 3.0% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race
EDUCATION IN NORFOLK, VIRGINIA
| Education Level | Population | Percent |
| Less than 9th grade | 5,423 | 3.6% |
| 9th to 12th grade, no diploma | 13,395 | 8.8% |
| High school graduate (includes GED) | 39,004 | 25.6% |
| Some college, no degree | 39,298 | 25.8% |
| Associate’s degree | 12,668 | 8.3% |
| Bachelor’s degree | 25,898 | 17.0% |
| Graduate or professional degree | 16,811 | 11.0% |
| High school graduate or higher | 133,679 | 87.7% |
| Bachelor’s degree or higher | 42,709 | 28.0% |
| Less than Bachelor’s degree | 109,788 | 72.0% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)
HOUSEHOLD INCOME IN NORFOLK, VIRGINIA
| Annual Household Income | Percent |
| Less than $10,000 | 9.5% |
| $10,000 to $14,999 | 5.7% |
| $15,000 to $24,999 | 10.6% |
| $25,000 to $34,999 | 10.7% |
| $35,000 to $49,999 | 14.2% |
| $50,000 to $74,999 | 18.8% |
| $75,000 to $99,999 | 11.8% |
| $100,000 to $149,999 | 10.6% |
| $150,000 to $199,999 | 4.0% |
| $200,000 or more | 4.0% |
Median household income: $49,146
Mean household income: $69,410
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income
HOUSEHOLD INCOME BY EDUCATION IN NORFOLK, VIRGINIA
| Education Level | Average Income |
| Less than high school graduate | $21,814 |
| High school graduate (includes GED) | $28,007 |
| Some college or Associate’s degree | $31,528 |
| Bachelor’s degree | $46,189 |
| Graduate or professional degree | $63,443 |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)
MARITAL STATUS IN NORFOLK, VIRGINIA
| Population | Percent | |
| Population 15+ years | 203,169 | NA |
| Never married | 91,475 | 45.0% |
| Now married (except separated) | 72,222 | 35.5% |
| Separated | 7,760 | 3.8% |
| Widowed | 8,929 | 4.4% |
| Divorced | 22,783 | 11.2% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over
POVERTY STATUS IN NORFOLK, VIRGINIA
| Population | Percent | |
| Living beneath poverty line | 41,016 | 18.7% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate
HOUSING IN NORFOLK, VIRGINIA
| Owner-occupied housing units | 38,029 |
| Renter-occupied housing units | 50,126 |
| Single-family detached units | 48,107 |
| Homeownership rate | 43.1% |
| Vacancy rate | 9.4% |
| Renters rate | 56.9% |
| Average housing value | $246,520 |
| Average monthly owner cost (with mortgage) | $1,278 |
| Average rent | $933 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics
SOCIOECONOMIC CHARACTERISTICS IN NORFOLK, VIRGINIA
| Average income | $69,410 |
| Average household size | 2.49 |
| Percent population 16 years and over in labor force | 69.1% |
| Percent disabled | 13.1% |
| Percent with health coverage | 87.1% |
| Average travel time to work (in minutes) | 21.3 |
| Percent workers using public transportation | 3.5% |
| Percent veterans | 16.2% |
| Percent foreign born | 7.4% |
| Percent speaking Spanish at home | 1.8% |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics
CONSUMER SPENDING IN NORFOLK, VIRGINIA
| Total consumer expenditures per household | $61,774.31 |
| Alcoholic beverages | $486.49 |
| Alcoholic beverages consumed at home | $282.95 |
| Beer consumed away from home | $86.53 |
| Wine consumed away from home | $44.07 |
| Apparel & services | $1,810.55 |
| Men’s apparel | $350.75 |
| Women’s apparel | $604.66 |
| Children’s apparel | $271.04 |
| Boys’ apparel | $92.58 |
| Girls’ apparel | $100.90 |
| Footwear | $415.90 |
| Dining out (food away from home) | $3,087.88 |
| Dining out – Breakfast | $317.57 |
| Dining out – Lunch | $950.72 |
| Dining out – Dinner | $1,440.00 |
| Education | $1,308.17 |
| Entertainment / recreation | $2,643.03 |
| Club membership fees | $193.62 |
| Dating services | $0.76 |
| Pet food | $205.82 |
| Pet services | $51.32 |
| Food consumed at home | $4,347.67 |
| Bakery products consumed at home | $570.39 |
| Dairy products consumed at home | $444.76 |
| Fruits and vegetables consumed at home | $853.95 |
| Meat, poultry, fish, eggs consumed at home | $968.93 |
| Nonalcoholic beverages consumed at home | $426.11 |
| Snacks / other food products consumed at home | $1,509.63 |
| Health care | $4,733.10 |
| Medical services | $864.77 |
| Nonprescription drugs | $117.08 |
| Household Services | $1,670.74 |
| Care for the elderly and handicapped | $60.93 |
| Lawn and garden services | $338.97 |
| Housekeeping services | $135.52 |
| PC repair | $5.65 |
| Housing | $19,828.30 |
| Home improvements | $1,938.94 |
| Utilities, fuel, and public services | $4,030.97 |
| Phone services | $1,489.72 |
| Water | $566.03 |
| Life and other insurance | $347.06 |
| Pensions and social security | $6,518.04 |
| Personal care products and services | $731.82 |
| Hair care products | $89.32 |
| Personal care products | $311.23 |
| Local transportation | $7,071.28 |
| Gasoline | $1,855.62 |
| Vehicle maintenance and repair | $963.54 |
| Travel | $1,780.09 |
| Airline fares | $443.90 |
| Auto / truck rental on trips | $21.18 |
| Lodging on trips | $482.34 |
| Food and drink on trips | $432.16 |
| Entertainment on trips | $149.30 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)
DEBT IN NORFOLK, VIRGINIA
| % with any debt in collections | 49% |
| Average debt in collections | $2,078 |
| % with medical debt in collections | 34% |
| Average medical debt in collections | $877 |
| % with student loan debt | 21% |
| Average student loan debt | $17,281 |
| Average monthly student loan payment | $164 |
| % with auto debt | 28% |
Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt
UNEMPLOYMENT IN NORFOLK, VIRGINIA
| Year | Population | Percent |
| January 2019 | 4,575 | 4.1% |
| February 2019 | 4,332 | 3.9% |
| March 2019 | 4,070 | 3.6% |
| April 2019 | 3,430 | 3.1% |
| May 2019 | 3,747 | 3.3% |
| June 2019 | 4,104 | 3.6% |
| July 2019 | 4,243 | 3.7% |
| August 2019 | 4,174 | 3.7% |
| September 2019 | 3,581 | 3.2% |
| October 2019 | 3,490 | 3.1% |
| November 2019 | 3,380 | 3.0% |
| December 2019 | 3,403 | 3.0% |
| January 2020 | 4,105 | 3.7% |
| February 2020 | 3,766 | 3.3% |
| March 2020 | 4,498 | 4.0% |
| April 2020 | 14,736 | 13.3% |
| May 2020 | 12,953 | 11.5% |
| June 2020 | 12,559 | 11.1% |
| July 2020 | 13,688 | 11.7% |
| August 2020 | 10,808 | 9.4% |
| September 2020 | 10,388 | 9.3% |
| October 2020 | 8,367 | 7.5% |
Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)
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