Interested in purchasing investment houses in the 23511 zip code in Norfolk, VA?
The zip code 23511 is in City of Norfolk county with a latitude of -76.303790000000 and longitude of 36.936000000000, is in the state of Virginia. The average asking price of houses and condos is $259,352.00 and the average sale price was $199,549.00. this regions is classified as the Norfolk - Newport News - Virginia Beach metro area and is in the 757 area code. The location in degrees is 36° 56' 9.6" N, 76° 18' 13.644" W. The county F.I.P.S. is 51710. The total land area is 5.5 square miles and the water area is 2.9 square miles. The elevation in this area is 0 - 7 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 23511 is in county number 710 and is L. Sector 00, L. Segment 01, H. Sector 15, and H. Segment 15. The population was 13,923 in 2019. This further breaks down to 10,956 males (78.7%) and 2,964 females (21.3%). The median age of residents is 22.7 years. The population of the greater Virginia Beach-Norfolk-Newport News, VA-NC area is 1,683,465. The population density (people per square mile) is 2,532. This zip code has a combined total of 150 houses and condos. There are 144 rented appartments. 100% of residents rent versus the 100% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $27,770 and the average salary is $27,439. The median household income of individuals is $45,513.00 and the average is $32,320.00. This zip code has a mean commute time to work of 8.9 minutes. Income earners by percent breakdown as 60.10% (Under $50,000), 31.90% ($50,000-$100,000), and 8.00% earn over $100,000. The cost of living index is 88.4. The educational breakdown is 100.3% have a high school education or higher, 30.0% have a bachelor's degree or higher, and 6.4% have some kind of profesional degree.
This area has 133 households and the average size is 3.6 people. Individuals who are single and have never been married are 83.6%, 13.9% are now married, 0.8% are separated, 0.0% are widowed, and 1.7% are divorced. The average yearly contribution amount given by people to charity was $4,011 versus the state average of $4,443. The percent of residents who gave to charity was 6.2%.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $2,259. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $2,322. Reported taxable interest for persons was $250, dividends $1,383, capital gains +$400, and itemized deductions $16,227. The average earned income tax credit is $2,486. The percent of individuals that use a tax preparer is 28.3%. The total average income taxes paid by individuals was $3,091. Businesses reported an average profit of $350.
Ole Bay Seafood
7528 Granby St Ste B, Norfolk, VA 23505 (1.6 miles away)
Franco's By the Bay
169 W Ocean View Ave, Norfolk, VA 23503 (2.9 miles away)
Fellini's
3910 Colley Ave, Norfolk, VA 23508 (3.4 miles away)
Naa's Bakery
3527 Tidewater Dr, Norfolk, VA 23509 (4.6 miles away)
A W Schuck's
2200 Colonial Ave Ste 14, Norfolk, VA 23517 (4.6 miles away)
New Delicate China Restaurant
6201 Sewells Point Rd, Norfolk, VA 23513 (4.7 miles away)