Norfolk, MA
Maps & Population Facts
Population
11,671
Population Density
783
Labor Participaton
52.7%
Bachelor's or Higher
50.5%
Median Household Income
$139,137
Median Individual Income
$51,099
Median Individual Income(Full-time Workers Only)
$82,764
Housing Estimates
Median House Value
$469,100
Median Gross Rent
$1,280
Median Mortgage Payment
$2,684
Housing Units
3,344
People who reside in Norfolk live in:
Detached - Single Family Homes
90%
Apt, Condo, Other
10%
Analysis
Income
Households in Norfolk earn significantly more money than the national median income, averaging 1.31% higher per household.
Housing
Norfolk has a median house price of $469,100. The cost of homeownership is significantly higher than most areas. The cost of renting in Norfolk is 26% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 15% |
Demographics
The median age in Norfolk is 43. Norfolk has a population that is significantly older than in comparison to the US median age.
Norfolk ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Norfolk | Massachusetts | USA | |
Median Property Value | 469,100 | 385,400 | 217,600 |
Median Mortgage Payment | 2,684 | 2,108 | 1,513 |
Median Gross Rent | 1,280 | 1,208 | 1,012 |
Property Vacancy | 4.8% | 10.0% | 12.6% |
% Renters | 5% | 38% | 36% |
Residents per Sq. Mi. | 783 | 885 | 93 |
Personal Comparison
Norfolk | Massachusetts | USA | |
Median Household Income | 139,137 | 77,385 | 60,336 |
Median Individual Income | 51,099 | 41,700 | 33,646 |
Median Income (Full-Time) | 82,764 | 60,923 | 46,881 |
Median Age | 43.3 | 39.5 | 38.1 |
Labor Participation | 52.7% | 67.8% | 62.8% |
Attained College Degree | 50.5% | 43.4% | 32.0% |
Population Density Analysis
Norfolk, MA
783
Residents per Sq. Mile
The population density of Norfolk is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +