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Norfolk County

Learn about the people, housing, costs and businesses in Norfolk County County

Median Home$784,123
Median Rent$2,150/month
Population730,082
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration14% arts, food & hospitality
Home Value Growth⬆⬆+13.4% over 2 years
Young Adults28% of residentsslightly above average
Homeowners69% of occupied units
NotableHigh Incomes$145k/year · top 1% nationally
NotableHighly Educated31% bachelor's · 20% graduate · top 2% nationally
Norfolk County
MA

Frequently Asked Questions

What are today's mortgage rates in Norfolk County?

As of today, the 30-year fixed mortgage rate for Norfolk County is approximately 6.817% (6.839% 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 Norfolk County
What is the median home price in Norfolk County?

The median home value in Norfolk County is $784k. The median monthly rent is $2,150. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Norfolk County?

Home values in Norfolk County have increased 13.4% 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.

How much income do you need to buy a home in Norfolk County?

Based on a typical all-in ownership cost of $2,508/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $107k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Norfolk County is $145k/year.

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What industries drive the economy in Norfolk County?

The largest employment sectors in Norfolk County are public administration (30%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas