Norfolk city, Virginia
Income Data
At a Glance
How Norfolk city Compares
Detailed Income Statistics
Data Story
About Household Income in Norfolk city, Virginia
Norfolk's income below national average
Norfolk's median household income of $64,017 trails the national median of $74,755 by $10,738, placing Virginia's largest city in the lower quartile of U.S. metros. The per capita income of $37,433 reflects Norfolk's dense, diverse population with significant low-wage service sector employment.
Norfolk lags Virginia's standard
At $64,017, Norfolk earns $10,940 below Virginia's state average of $74,957, ranking it among the state's lower-income jurisdictions. The city's large urban footprint includes pockets of poverty and working-class neighborhoods that pull the overall median down.
Lowest among peer localities
Norfolk's $64,017 income ranks just below Newport News ($66,718) and substantially trails all neighboring counties—Middlesex ($74,154), Northumberland ($69,500), and all others. The city anchors the lower end of the regional income spectrum.
Housing costs squeeze family budgets
Norfolk's rent-to-income ratio of 23.4% is among Virginia's highest, meaning housing consumes nearly a quarter of median earnings. With a median home value of $271,900, many Norfolk households struggle to balance homeownership with savings and debt repayment.
Build wealth despite tight margins
Norfolk residents face the toughest affordability challenges in this comparison, demanding aggressive budgeting and creative wealth-building strategies. Focus on employer benefits, side income opportunities, and micro-saving methods—even $25–50 weekly into savings compounds into meaningful emergency funds and long-term security.
Frequently Asked Questions
What is the median household income in Norfolk city, Virginia?
How much do people earn in Norfolk city?
How does Norfolk city compare to the Virginia average?
What is the per capita income in Norfolk city, Virginia?
Is Norfolk city a low-income area in Virginia?
How does Norfolk city rank for income in Virginia?
Income Comparison Calculator
See how your household income compares in Norfolk city
Your income is above the Norfolk city median
County median: $64,017 per year
vs. County Median
+0%
vs. State Average
-15%
vs. National Median
-14%
Income Adequacy
Your monthly income ($5,335) vs. median rent ($1,246/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Norfolk city, Virginia? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in Virginia
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.