Norfolk, VA · standard
ZIP Code 23505
Norfolk County, Virginia — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 28,503
- 1,729/sq mi
- $58,579
- Median income
- $326,300
- Median home value
- 33.1%
- Bachelor's or higher
The verdict
Norfolk pairs a below-median household income with above-median home values, in a low-density, renter-heavy area.
- 27th pct
- household income, US ZIPs
- Top 30%
- home value, US ZIPs
- 1,729
- people per sq mi
- 37%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 23505 against every reporting US ZIP.
ZIP code 23505 is classified by USPS as a standard delivery area and covers roughly 16.5 square miles in Norfolk, Norfolk County, Virginia. The area is home to 28,503 residents, producing a population density of 1,729 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 23505 against Virginia and the nation.
On the economic side, the median household income for ZIP 23505 sits at $58,579 (32% below the Virginia average), while per-capita income is $39,123. The poverty rate stands at 14.3% and the unemployment rate at 5.5%. On housing, the median home value is $326,300 (2% below the state average) with median rent at $1,334 per month, and 37.2% of occupied units are owner-occupied, a direct signal of whether 23505 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 33.1% of adults hold a bachelor's degree or higher, the median age is 32.5, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Norfolk County, so you can benchmark 23505 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 23505
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 23505.
- Health care and social assistance
Health care and social assistance
67 establishments
- Accommodation and food services
Accommodation and food services
67 establishments
- Retail trade
Retail trade
65 establishments
- Other services (except public administration)
Other services (except public administration)
56 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
39 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 23505, Norfolk, VA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
28,503
Population
16.5
Area (sq mi)
1,729
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 23505?
32.5
Median Age
50.5%
Male
49.5%
Female
10.5%
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?
$58,579
Median Household Income
-32% vs state
$39,123
Per Capita Income
14.3%
Poverty Rate
5.5%
Unemployment Rate
22.5 min
Mean Commute Time
How ZIP 23505 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$58,579 27th percentile higher than 27% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US 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?
13,809
Total Housing Units
12,782
Occupied Units
1,027
Vacant Units
2.20
Avg Household Size
Occupancy Type
$326,300
Median Home Value
-2% vs state
$1,334
Median Rent
1961
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
-0.2%
YoY Change (2024)
264
HPI Index (2000 = 100)
+164%
Total Change Since 2000
Home values in ZIP 23505 have decreased 0.2% over the past year (2024). Since 2000, this ZIP has seen +164% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.9% | 195 |
| 2021 | +9.3% | 213 |
| 2022 | +13.8% | 243 |
| 2023 | +9.1% | 265 |
| 2024 | -0.2% | 264 |
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 407 business establishments in ZIP 23505, employing approximately 6,528 people with a combined annual payroll of $278,267,000.
407
Businesses
6,528
Employees
$278.3M
Annual Payroll
14
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 67 | 16.5% |
| Accommodation and food services | 67 | 16.5% |
| Retail trade | 65 | 16.0% |
| Other services (except public administration) | 56 | 13.8% |
| Real estate and rental and leasing | 39 | 9.6% |
| Professional, scientific, and technical services | 27 | 6.6% |
| Construction | 22 | 5.4% |
| Finance and insurance | 16 | 3.9% |
| Transportation and warehousing | 11 | 2.7% |
| Administrative and support and waste management and remediation services | 11 | 2.7% |
| Educational services | 9 | 2.2% |
| Information | 6 | 1.5% |
| Arts, entertainment, and recreation | 5 | 1.2% |
| Wholesale trade | 3 | 0.7% |
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 23505 vs 23551 →
ZIP 23505 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 23503
Norfolk (23503)
30,856 residents
- 23513
Norfolk (23513)
29,595 residents
- 23505
Norfolk (23505)
28,503 residents
- 23518
Norfolk (23518)
28,095 residents
- 23507
Norfolk (23507)
25,818 residents
- 23508
Norfolk (23508)
20,263 residents
- 23509
Norfolk (23509)
12,817 residents
- 23510 7,031
Norfolk (23510)
7,031 residents
- 23517 4,484
Norfolk (23517)
4,484 residents
What this shows Among its immediate neighbors, ZIP 23505 ranks #3 by population — useful context the national average alone can't give.
ZIP 23505 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
- 23518
Norfolk (23518)
$77,594 median income
- 23508
Norfolk (23508)
$74,885 median income
- 23510
Norfolk (23510)
$73,524 median income
- 23509
Norfolk (23509)
$72,816 median income
- 23513
Norfolk (23513)
$68,380 median income
- 23503
Norfolk (23503)
$67,649 median income
- 23517
Norfolk (23517)
$67,375 median income
- 23511
Norfolk (23511)
$62,946 median income
What this shows By household income, ZIP 23505 ranks #null of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 23551 | Norfolk, VA | 930 | 0.6 mi |
| 23511 | Norfolk, VA | 2,457 | 1.6 mi |
| 23517 | Norfolk, VA | 4,484 | 3.2 mi |
| 23508 | Norfolk, VA | 20,263 | 2.5 mi |
| 23503 | Norfolk, VA | 30,856 | 2.6 mi |
| 23509 | Norfolk, VA | 12,817 | 2.7 mi |
| 23507 | Norfolk, VA | 25,818 | 3.6 mi |
| 23510 | Norfolk, VA | 7,031 | 4.4 mi |
| 23518 | Norfolk, VA | 28,095 | 4.0 mi |
| 23513 | Norfolk, VA | 29,595 | 3.3 mi |
More ZIP Codes in Norfolk County
Related Areas
Frequently Asked Questions
What county is ZIP code 23505 in? ▼
What is the population of ZIP code 23505? ▼
What is the median household income in ZIP 23505? ▼
What is the average home value in ZIP 23505? ▼
What is the demographic makeup of ZIP 23505? ▼
How many businesses are in ZIP code 23505? ▼
What are the main industries in ZIP code 23505? ▼
How have home values changed in ZIP code 23505? ▼
What is the education level in ZIP code 23505? ▼
What is the average commute time in ZIP 23505? ▼
What percentage of residents own vs. rent in ZIP 23505? ▼
What is the poverty rate in ZIP code 23505? ▼
ZIP Code Research Guides
Official Data Resources for Norfolk, VA
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.