Safe Rate Local
Learn about the people, housing, costs and businesses in Norfolk County
Select a topic to explore real data for Norfolk City.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Norfolk.
Estimate payments for homes in Norfolk.
People, housing & businesses in Norfolk.
Find and compare lenders active near Norfolk.
Homeowners, flood & wildfire estimates for Norfolk.
Income, rent and all-in ownership costs for Norfolk.
FEMA flood zones and flood insurance estimates for Norfolk.
Seismic risk and earthquake insurance estimates for Norfolk.
Wildfire exposure and insurance estimates for Norfolk.
As of today, the 30-year fixed mortgage rate for Norfolk is approximately 7.025% (7.051% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for NorfolkThe median home value in Norfolk is $310k. The median monthly rent is $1,371. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Norfolk have increased 17.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,462/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Norfolk is $68k/year.
Calculate your buying powerThe largest employment sectors in Norfolk are public administration (25%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.
Adjacent counties and areas