Market insights · Virginia
Norfolk city, VA: growth, migration and housing
Norfolk city has 231,013 residents, down 2.9% since 2020 (-0.0% in the last year). In 2022–2023, 11,595 households moved in and 12,169 moved out (-574 net), while a net $72.5M of income left. Median household income is $66,109, the median home $289,900 and median rent $1,321 a month.
In Virginia: 121st of 133 counties for 5-year population growth · 120th of 133 counties for net in-migration (per resident) · 73rd of 133 counties for median household income · 59th of 133 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Norfolk city, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Virginia Beach city, VA | 2,544 | $147.9M |
| Chesapeake city, VA | 1,059 | $44.2M |
| Portsmouth city, VA | 505 | $18.5M |
| Hampton city, VA | 349 | $13.7M |
| Newport News city, VA | 280 | $10.8M |
| Suffolk city, VA | 229 | $11.2M |
| San Diego County, CA | 217 | $13.7M |
| Escambia County, FL | 131 | $7.3M |
Where leavers went
Top counties by households leaving Norfolk city, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Virginia Beach city, VA | 2,578 | $141.8M |
| Chesapeake city, VA | 1,234 | $61.5M |
| Portsmouth city, VA | 581 | $22.4M |
| Hampton city, VA | 395 | $16.6M |
| Suffolk city, VA | 321 | $18.8M |
| Newport News city, VA | 286 | $10.6M |
| San Diego County, CA | 257 | $15.9M |
| Duval County, FL | 159 | $7.8M |
BizyFi in Norfolk city
Fewer than 3 companies in the BizyFi directory are based here. Search them on the company map (company names with a free account), or browse Virginia companies.
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.