Norfolk vs Richmond
| Norfolk | Richmond | |
|---|---|---|
| Population | 236,973 | 227,171 |
| Median Household Income | $66,109 | $64,587 |
| Median Home Value | $289,900 | $353,000 |
| Median Gross Rent | $1,321/mo | $1,372/mo |
| Homeownership Rate | 46.3% | 43.5% |
| Unemployment Rate | 4.7% | 5.7% |
| Bachelor's Degree or Higher | 33.5% | 45.6% |
| Median Age | 32.7 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.