Zip Code

23523

City

Norfolk, VA

Population & Migration

What is the forecasted population for Zip code 23523 Norfolk, VA?

Population census 2020
7,179
Forecasted population 2025
7,292
1.6% vs. 2020
Forecasted population 2030
7,196
0.2% vs. 2020

Zip code 23523 Norfolk, VA population is forecasted to decrease 1.6% by 2025 (-3.1 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 7,292 people for 2025 zip code 23523 Norfolk, VA will generate a good demand for housing, which is expected to have a deficit of 69 houses for 2030. Vacancy rate is 4.5 points above national US average.

Total homes available 2020
3,169
Estimated total home demand in 2030
3,238
Total homes balance inventory
69

Average Household Income in zip code 23523 Norfolk, VA
from Internal Revenue Service

Average household income in 2021
$46,262

Affordability

Affordability Index
5

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 23523 Norfolk, VA?

County total number of drinking water violations

0

NaN%

0

County total number of drinking water contaminations

0

NaN%

0

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