Interested in purchasing investment houses in the 23707 zip code in Portsmouth, VA?
The zip code 23707 is in City of Portsmouth county with a latitude of -76.339880000000 and longitude of 36.842630000000, is in the state of Virginia. The average asking price of houses and condos is $154,905.00 and the average sale price was $159,404.00. 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° 50' 33.468" N, 76° 20' 23.568" W. The county F.I.P.S. is 51740. The total land area is 4.0 square miles and the water area is 1.5 square miles. The elevation in this area is 3 - 10 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 23707 is in county number 740 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 14,845 in 2019 and 14,236 in 2010. This further breaks down to 6,764 males (45.6%) and 8,081 females (54.4%). The median age of residents is 34.7 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 3,682. This zip code has a combined total of 6,797 houses and condos. There are 3,185 rented appartments. 53% of residents rent versus the 53% 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 $38,816 and the average salary is $34,734. The median household income of individuals is $36,862.00 and the average is $43,800.00. This zip code has a mean commute time to work of 25.4 minutes. The unemployment rate is 7.4%. Income earners by percent breakdown as 64.00% (Under $50,000), 28.10% ($50,000-$100,000), and 7.90% earn over $100,000. 18.2% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 96.1. The educational breakdown is 84.4% have a high school education or higher, 20.4% have a bachelor's degree or higher, and 6.2% have some kind of profesional degree.
This area has 5,801 households and the average size is 2.5 people. Individuals who are single and have never been married are 37.1%, 35.9% are now married, 3.8% are separated, 8.2% are widowed, and 15.0% are divorced. The average yearly contribution amount given by people to charity was $3,243 versus the state average of $4,443. The percent of residents who gave to charity was 23.1%.
The estimated median value of houses and condos is $183,222. The median monthly owner costs of mortgage holders was $1,434, where as the costs for those who don't have a mortgage are $571. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $2,237. 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. The median housing property tax percent for residents with mortgages was 1.2% which amounted to an average tax amount of $2,234. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $2,262. Reported taxable interest for persons was $1,061, dividends $3,448, capital gains +$5,937, and itemized deductions $18,620. The average earned income tax credit is $2,595. The percent of individuals that use a tax preparer is 38.2%. The total average income taxes paid by individuals was $6,506. Businesses reported an average profit of $7,607.
Cock Island Bar & Grille
606 Airline Blvd, Portsmouth, VA 23707
Uncle Tony's Bistro
3603 High St, Portsmouth, VA 23707
Mario's Italian Restaurant
611 Airline Blvd, Portsmouth, VA 23707
Fish & Slips Marina Raw Bar & Grill
10 Crawford Pkwy, Portsmouth, VA 23704 (1.7 miles away)
Ellen's Homestyle BBQ Express
4206 Portsmouth Blvd, Portsmouth, VA 23701 (2.3 miles away)
Tonys Crab & Seafood
3138 Victory Blvd, Portsmouth, VA 23702 (2.4 miles away)
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