Home Affordability in 23510
Norfolk, VA — Norfolk City
The median home price in ZIP code 23510 (Norfolk) is $245,000 with a median household income of $48,000. The price-to-income ratio is 5.1x.
Median Home Price
$245,000
Median Income
$48,000
Price-to-Income
5.1x
Est. Affordable Home
$187,000
Property Tax Rate
0.88%
Annual Property Tax
$2,156
Cost of Living
95
Metro Area
Virginia Beach MSA
Down Payment Scenarios for ZIP 23510
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $7,350 | $237,650 | Yes |
| 5% | $12,250 | $232,750 | Yes |
| 10% | $24,500 | $220,500 | Yes |
| 20% | $49,000 | $196,000 | No |
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