23507 ZIP Code – Norfolk, Virginia

Located in Norfolk, Virginia, ZIP code 23507 is a mid-sized ZIP code within Norfolk city with a population of approximately 6,588 residents. The median household income is $93,512 — above the Virginia average and above the national average. Homes in this ZIP code have a median value of $503,300, well above the national average, with 48.4% owner-occupied housing (increasing). , and the median rent of $1,362 is above the national average. Housing consists of 36% single-family (decreasing), 51% apartments (increasing), 14% duplex/multi-family.

At 3.1%, the unemployment rate is below the national figure. An estimated 10.6% of the population falls below the poverty line, below the national figure. 75.9% of adults hold a bachelor's degree or higher, well above the U.S. average. Residents have a median age of 34.8, below the U.S. median. Neighboring ZIP codes include 23517, 23510, 23708.

ZIP Code 23507 Data

Population 6,588
Median Household Income $93,512
Median Home Value $503,300
Median Rent $1,362
Median Age 34.8
Unemployment Rate 3.1%
Poverty Rate 10.6%
Bachelor's Degree or Higher 75.9%
County Norfolk city
State Virginia

ZIP 23507 vs. Virginia vs. U.S.

MetricZIP 23507VA Avg.U.S. Avg.
Population6,5889,76610k
Median Household Income$93k$80k$73k
Median Home Value$503k$296k$258k
Median Rent$1,362$1,227$1,088
Median Age34.844.543.2
Unemployment Rate3.1%4.3%5.0%
Poverty Rate10.6%11.6%13.3%
Bachelor's Degree or Higher75.9%29.9%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
23517 NORFOLK 4,212 $55,536
23510 NORFOLK 9,294 $71,720
23708 PORTSMOUTH 359 Not provided
23508 NORFOLK 20,647 $73,075
23504 NORFOLK 24,202 $39,611