Norfolk, VA · standard
ZIP Code 23507
Norfolk County, Virginia — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 25,818
- 11,101/sq mi
- $104,295
- Median income
- $555,200
- Median home value
- 73.2%
- Bachelor's or higher
The verdict
Norfolk pairs an upper-quartile household income with upper-quartile home values, in a densely urban, mixed-tenure area.
- Top 16%
- household income, US ZIPs
- Top 11%
- home value, US ZIPs
- 11,101
- people per sq mi
- 48%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 23507 against every reporting US ZIP.
ZIP code 23507 is classified by USPS as a standard delivery area and covers roughly 2.3 square miles in Norfolk, Norfolk County, Virginia. The area is home to 25,818 residents, producing a population density of 11,101 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 23507 against Virginia and the nation.
On the economic side, the median household income for ZIP 23507 sits at $104,295 (22% above the Virginia average), while per-capita income is $76,646. The poverty rate stands at 10.6% and the unemployment rate at 2.8%. On housing, the median home value is $555,200 (66% above the state average) with median rent at $1,498 per month, and 48.4% of occupied units are owner-occupied, a direct signal of whether 23507 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 73.2% of adults hold a bachelor's degree or higher, the median age is 34.9, and the average commute is 18 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Norfolk County, so you can benchmark 23507 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 23507
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 23507.
- Health care and social assistance
Health care and social assistance
58 establishments
- Professional, scientific, and technical services 20
Professional, scientific, and technical services
20 establishments
- Other services (except public administration) 15
Other services (except public administration)
15 establishments
- Retail trade 11
Retail trade
11 establishments
- Accommodation and food services 11
Accommodation and food services
11 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 23507, 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
25,818
Population
2.3
Area (sq mi)
11,101
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 23507?
34.9
Median Age
51.2%
Male
48.8%
Female
9.1%
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?
$104,295
Median Household Income
+22% vs state
$76,646
Per Capita Income
10.6%
Poverty Rate
2.8%
Unemployment Rate
18.3 min
Mean Commute Time
How ZIP 23507 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$104,295 Top 16% higher than 84% 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?
3,588
Total Housing Units
3,336
Occupied Units
252
Vacant Units
1.94
Avg Household Size
Occupancy Type
$555,200
Median Home Value
+66% vs state
$1,498
Median Rent
1938
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
+9.2%
YoY Change (2024)
239
HPI Index (2000 = 100)
+139%
Total Change Since 2000
Home values in ZIP 23507 have increased 9.2% over the past year (2024). Since 2000, this ZIP has seen +139% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.2% | 199 |
| 2021 | +2.9% | 205 |
| 2022 | +5.4% | 216 |
| 2023 | +1.1% | 219 |
| 2024 | +9.2% | 239 |
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 153 business establishments in ZIP 23507, employing approximately 9,737 people with a combined annual payroll of $740,258,000.
153
Businesses
9,737
Employees
$740.3M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 58 | 37.9% |
| Professional, scientific, and technical services | 20 | 13.1% |
| Other services (except public administration) | 15 | 9.8% |
| Retail trade | 11 | 7.2% |
| Accommodation and food services | 11 | 7.2% |
| Real estate and rental and leasing | 8 | 5.2% |
| Finance and insurance | 6 | 3.9% |
| Administrative and support and waste management and remediation services | 6 | 3.9% |
| Transportation and warehousing | 4 | 2.6% |
| Construction | 3 | 2.0% |
| Manufacturing | 3 | 2.0% |
| Wholesale trade | 3 | 2.0% |
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 23507 vs 23517 →
ZIP 23507 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 23507
Norfolk (23507)
25,818 residents
- 23504
Norfolk (23504)
23,483 residents
- 23508
Norfolk (23508)
20,263 residents
- 23704
Portsmouth (23704)
18,716 residents
- 23707
Portsmouth (23707)
14,236 residents
- 23509
Norfolk (23509)
12,817 residents
- 23523 7,793
Norfolk (23523)
7,793 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 23507 ranks the most populous — useful context the national average alone can't give.
ZIP 23507 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
- 23508
Norfolk (23508)
$74,885 median income
- 23510
Norfolk (23510)
$73,524 median income
- 23509
Norfolk (23509)
$72,816 median income
- 23517
Norfolk (23517)
$67,375 median income
- 23704
Portsmouth (23704)
$49,583 median income
- 23707
Portsmouth (23707)
$48,926 median income
- 23504
Norfolk (23504)
$44,659 median income
- 23523 $35,533
Norfolk (23523)
$35,533 median income
What this shows By household income, ZIP 23507 ranks the highest of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 23517 | Norfolk, VA | 4,484 | 0.7 mi |
| 23708 | Portsmouth, VA | 181 | 1.1 mi |
| 23510 | Norfolk, VA | 7,031 | 1.1 mi |
| 23508 | Norfolk, VA | 20,263 | 1.4 mi |
| 23504 | Norfolk, VA | 23,483 | 2.1 mi |
| 23704 | Portsmouth, VA | 18,716 | 2.8 mi |
| 23709 | Portsmouth, VA | 78 | 3.6 mi |
| 23707 | Portsmouth, VA | 14,236 | 2.5 mi |
| 23509 | Norfolk, VA | 12,817 | 2.6 mi |
| 23523 | Norfolk, VA | 7,793 | 2.8 mi |
More ZIP Codes in Norfolk County
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Frequently Asked Questions
What county is ZIP code 23507 in? ▼
What is the population of ZIP code 23507? ▼
What is the median household income in ZIP 23507? ▼
What is the average home value in ZIP 23507? ▼
What is the demographic makeup of ZIP 23507? ▼
How many businesses are in ZIP code 23507? ▼
What are the main industries in ZIP code 23507? ▼
How have home values changed in ZIP code 23507? ▼
What is the education level in ZIP code 23507? ▼
What is the average commute time in ZIP 23507? ▼
What percentage of residents own vs. rent in ZIP 23507? ▼
What is the poverty rate in ZIP code 23507? ▼
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.