Norfolk, VA · standard
ZIP Code 23504
Norfolk County, Virginia - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 23,483
- 2,205/sq mi High-density area
- $44,659
- Median income Below-median income area
- $269,400
- Median home value Near-median home value
- 27.2%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Norfolk pairs one of the lowest household incomes in the country with above-median home values, in a suburban-density, renter-heavy area.
- 9th pct
- household income, US ZIPs
- Top 39%
- home value, US ZIPs
- 2,205
- people per sq mi
- 39%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 23504 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 23504 (Norfolk, VA) rose +4.4% from 2023 to 2024. The all-transactions index moved from 258.3 in 2023 to 269.8 in 2024 (2000 = 100).
ZIP code 23504 is a densely settled ZIP (a standard USPS delivery area) in Norfolk, Norfolk County, Virginia, with 23,483 residents across 10.7 square miles, a density of 2,205 people per square mile, in the New York time zone.
ZIP 23504 reports a modest median household income of $44,659 (48% below the average Virginia ZIP), while per-capita income is $23,094. Economic pressure is pronounced: 36.7% of residents are below the poverty line and unemployment is 11.6%. Home values sit below the statewide ZIP benchmark: the median is $269,400 (19% below the average Virginia ZIP), and median rent is $957; owner occupancy is 38.9%.
Educational attainment sits below the national norm: 27.2% of adults hold a bachelor's degree or higher, the median age is 28, and the average commute is 21 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Norfolk County, so 23504 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 23504
Top 5 sectors by establishment count in Norfolk, VA
Which industries have the most business establishments in ZIP 23504.
- Health care and social assistance
Health care and social assistance
55 establishments
- Other services (except public administration)
Other services (except public administration)
44 establishments
- Construction
Construction
29 establishments
- Retail trade
Retail trade
28 establishments
- Real estate and rental and leasing 20
Real estate and rental and leasing
20 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 23504, Norfolk, VA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
23,483
Population
10.7
Area (sq mi)
2,205
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 23504?
28.0
Median Age
45.0%
Male
55.0%
Female
3.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$44,659
Median Household Income
-48% vs state ZIP avg
$23,094
Per Capita Income
36.7%
Poverty Rate
11.6%
Unemployment Rate
21.2 min
Mean Commute Time
How ZIP 23504 ranks among Virginia ZIPs
Norfolk, VA household income vs. every Virginia ZIP code
Median household income among 804 reporting Virginia ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$44,659 8th percentile higher than 8% of 804 Virginia ZIPs
Each bar is a $20K-wide band; taller bars hold more Virginia ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
9,174housing units
9,174
Total Housing Units
8,256
Occupied Units
918
Vacant Units
2.49
Avg Household Size
Occupancy Type
$269,400
Median Home Value
-19% vs state ZIP avg
$957
Median Rent
1971
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+4.4%
YoY Change (2024)
270
HPI Index (2000 = 100)
+170%
Total Change Since 2000
Home values in ZIP 23504 have increased 4.4% over the past year (2024). Since 2000, this ZIP has seen +170% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.8% | 205 |
| 2021 | +8.3% | 221 |
| 2022 | +17.6% | 260 |
| 2023 | -0.8% | 258 |
| 2024 | +4.4% | 270 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 283 business establishments in ZIP 23504, employing approximately 4,382 people with a combined annual payroll of $207,721,000.
283
Businesses
4,382
Employees
$207.7M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 55 | 19.4% |
| Other services (except public administration) | 44 | 15.6% |
| Construction | 29 | 10.3% |
| Retail trade | 28 | 9.9% |
| Real estate and rental and leasing | 20 | 7.1% |
| Transportation and warehousing | 19 | 6.7% |
| Accommodation and food services | 19 | 6.7% |
| Wholesale trade | 16 | 5.7% |
| Administrative and support and waste management and remediation services | 14 | 5.0% |
| Manufacturing | 12 | 4.2% |
| Professional, scientific, and technical services | 12 | 4.2% |
| Finance and insurance | 5 | 1.8% |
| Educational services | 4 | 1.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 23504 vs 23509 →
ZIP 23504 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 23513
Norfolk (23513)
29,595 residents
- 23507
Norfolk (23507)
25,818 residents
- 23504
Norfolk (23504)
23,483 residents
- 23324
Chesapeake (23324)
22,851 residents
- 23502
Norfolk (23502)
20,678 residents
- 23325
Chesapeake (23325)
17,592 residents
- 23509
Norfolk (23509)
12,817 residents
- 23523 7,793
Norfolk (23523)
7,793 residents
- 23510 7,031
Norfolk (23510)
7,031 residents
What this shows Among its immediate neighbors, ZIP 23504 ranks #3 by population - useful context the national average alone can't give.
ZIP 23504 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 23507
Norfolk (23507)
$104,295 median income
- 23510
Norfolk (23510)
$73,524 median income
- 23509
Norfolk (23509)
$72,816 median income
- 23325
Chesapeake (23325)
$69,909 median income
- 23513
Norfolk (23513)
$68,380 median income
- 23517
Norfolk (23517)
$67,375 median income
- 23502
Norfolk (23502)
$63,208 median income
- 23324
Chesapeake (23324)
$57,045 median income
- 23504
Norfolk (23504)
$44,659 median income
What this shows By household income, ZIP 23504 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 23509 | Norfolk, VA | 12,817 | 1.8 mi |
| 23523 | Norfolk, VA | 7,793 | 1.7 mi |
| 23510 | Norfolk, VA | 7,031 | 1.5 mi |
| 23517 | Norfolk, VA | 4,484 | 1.7 mi |
| 23507 | Norfolk, VA | 25,818 | 2.1 mi |
| 23708 | Portsmouth, VA | 181 | 2.3 mi |
| 23513 | Norfolk, VA | 29,595 | 2.7 mi |
| 23502 | Norfolk, VA | 20,678 | 3.1 mi |
| 23324 | Chesapeake, VA | 22,851 | 4.0 mi |
| 23325 | Chesapeake, VA | 17,592 | 3.2 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 23504, both outside VA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (23,483 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Norfolk County
Related Areas
Frequently Asked Questions
What county is ZIP code 23504 in?
ZIP code 23504 (Norfolk) is located in Norfolk County, Virginia. Norfolk County contains multiple ZIP codes, see the full list at /counties/norfolk-va.
What is the population of ZIP code 23504?
ZIP code 23504 in Norfolk, VA has a population of 23,483 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 23504?
The median household income in ZIP 23504 is $44,659, which is 41% below the national average of $76,288.
What is the average home value in ZIP 23504?
The median home value in ZIP 23504 is $269,400, which is 3% below the national average of $278,155.
What is the demographic makeup of ZIP 23504?
The largest racial group in ZIP 23504 is African American at 78.3%. Hispanic or Latino residents make up 4.4% of the population.
How many businesses are in ZIP code 23504?
ZIP code 23504 has 283 business establishments employing approximately 4,382 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 23504?
The top industries by establishment count in ZIP 23504 are: Health care and social assistance (55), Other services (except public administration) (44), Construction (29). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 23504?
According to the FHFA House Price Index, home values in ZIP 23504 increased by 4.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 170%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 23504?
In ZIP code 23504, 57.0% of residents aged 25+ have a high school diploma or higher, and 27.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 23504?
The mean commute time for workers in ZIP code 23504 is 21.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 23504?
In ZIP code 23504, approximately 38.9% of occupied housing units are owner-occupied and 61.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 23504?
The poverty rate in ZIP code 23504 is 36.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 23504's numbers, next.
- See how ZIP 23504 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Norfolk, VA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.