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Norton

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

Median Home$110,000
Median Rent$692/month
Population3,577
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services22% healthcare
Retirees21% of residentsnear the national average
Homeowners50% of occupied units
NotableAmenity Score84/100 · highly walkable area
NotableAffordable Market$110k median home · lower cost than 90% of the country
Norton City
VA

Frequently Asked Questions

What are today's mortgage rates in Norton?

As of today, the 30-year fixed mortgage rate for Norton is approximately 7.422% (7.462% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Norton?

The median home value in Norton is $110k. The median monthly rent is $692. Annual property taxes average $800. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $689/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Norton is $41k/year.

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What industries drive the economy in Norton?

The largest employment sectors in Norton are healthcare (22%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas