Census ACS · ZIP Code Tabulation Area

23507 Income Statistics for 2026

Norfolk city, Virginia

Median household income

$104,295

Median household income ($104,295) is higher than Norfolk city County ($66,035).

23507$104,295
Norfolk city County$66,035
23508$74,885
23518$77,594
23509$72,816
23517$67,375
23511$62,946

Average household income

$152,044

Average household income ($152,044) is higher than Norfolk city County ($90,815).

23507$152,044
Norfolk city County$90,815
23508$113,486
23518$111,263
23509$102,609
23517$92,393
23511$92,128

Per-capita income

$76,646

Per-capita income ($76,646) is higher than Norfolk city County ($39,457).

23507$76,646
Norfolk city County$39,457
23508$41,168
23518$49,056
23509$41,635
23517$54,862
23511$30,175

Households earning $100k+

51.9%

Households earning $100k+ (51.9%) is higher than Norfolk city County (31.0%).

2350751.9%
Norfolk city County31.0%
2350840.9%
2351840.1%
2350938.0%
2351731.2%
2351127.5%

All demographics

Population
6,645
Households
3,336
Median age
34.9 yrs
Median household income
$104,295
Mean household income
$152,044
Per capita income
$76,646
Median home value
$555,200
Median gross rent
$1,498
Owner-occupied housing
48.4%
Bachelor's degree or higher
73.2%
In labor force
70.7%
Poverty rate
10.6%
Households earning $100k+
51.9%
Population under 5
4.5%
Population age 18–34
35.3%
Population age 25–44
40.6%
Population age 45–64
20.5%
Population age 65+
16.6%
Hispanic or Latino
5.8%
Black (non-Hispanic)
7.3%
Asian (non-Hispanic)
6.3%
Unemployment rate
2.8%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/virginia/23507

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 23507 income statistics ($104,295 median)

ZIP Code Tabulation Area 23507 in Virginia is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 23507 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 6,645 people live in this ZCTA. Median household income here ($104,295) is higher than Norfolk city County ($66,035). Operators sizing a local market often pair median income with mean income ($152,044) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Virginia·ZIP codes in Norfolk city