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 High-density area
- $104,295
- Median income Above-median income area
- $555,200
- Median home value Above-median home value
- 73.2%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 23507 (Norfolk, VA) rose +9.2% from 2023 to 2024. The all-transactions index moved from 218.7 in 2023 to 238.8 in 2024 (2000 = 100).
ZIP code 23507 is a densely settled ZIP (a standard USPS delivery area) in Norfolk, Norfolk County, Virginia, with 25,818 residents across 2.3 square miles, a density of 11,101 people per square mile, in the New York time zone.
ZIP 23507 lands in the middle-income range, with a median household income of $104,295 (22% above the average Virginia ZIP), while per-capita income is $76,646. The poverty rate is 10.6%, with unemployment at 2.8%; those measures add context to the income figure. Housing costs run above the statewide ZIP benchmark while renting is common: median home value is $555,200 (66% above the average Virginia ZIP), with only 48.4% owner-occupied homes and median rent of $1,498.
This is a highly-educated ZIP: 73.2% of adults hold a bachelor's degree or higher, the median age is 34.9, and the average commute is 18 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Norfolk County, so 23507 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 23507
Top 5 sectors by establishment count in Norfolk, VA
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$76,646
Per Capita Income
10.6%
Poverty Rate
2.8%
Unemployment Rate
18.3 min
Mean Commute Time
How ZIP 23507 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)
$104,295 Top 24% higher than 76% 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
3,588housing units
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 ZIP avg
$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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 23507, 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 (25,818 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 23507 in?
ZIP code 23507 (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 23507?
ZIP code 23507 in Norfolk, VA has a population of 25,818 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 23507?
The median household income in ZIP 23507 is $104,295, which is 37% above the national average of $76,288.
What is the average home value in ZIP 23507?
The median home value in ZIP 23507 is $555,200, which is 100% above the national average of $278,155.
What is the demographic makeup of ZIP 23507?
The largest racial group in ZIP 23507 is White at 76.9%. Hispanic or Latino residents make up 5.8% of the population.
How many businesses are in ZIP code 23507?
ZIP code 23507 has 153 business establishments employing approximately 9,737 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 23507?
The top industries by establishment count in ZIP 23507 are: Health care and social assistance (58), Professional, scientific, and technical services (20), Other services (except public administration) (15). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 23507?
According to the FHFA House Price Index, home values in ZIP 23507 increased by 9.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 139%. 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 23507?
In ZIP code 23507, 79.7% of residents aged 25+ have a high school diploma or higher, and 73.2% 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 23507?
The mean commute time for workers in ZIP code 23507 is 18.3 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 23507?
In ZIP code 23507, approximately 48.4% of occupied housing units are owner-occupied and 51.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 23507?
The poverty rate in ZIP code 23507 is 10.6% 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 23507's numbers, next.
- See how ZIP 23507 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
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.