Norfolk, VA
233,596Residents
$66,109Median household income
$1,321/moMedian gross rent
$289,900Median home value
32.7Median age
34%Adults with a bachelor’s degree or higher
46%Homes lived in by their owners
4.4×Home value to household income
Median rent takes about 24% of the median household income in Norfolk.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $53,000 a year. In Virginia that leaves roughly $3,488 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.