Neighborhood Profile

West Norfolk

Portsmouth, VA | Portsmouth City
Scored premium profile
Best Neighborhoods USA Index
60.3
National rank: #3,931 of 14,967
Stability and Strength
60.5
Score
Value Opportunity
59.0
Score
Momentum
61.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPortsmouth, VA
CountyPortsmouth City
National rank#3,931 of 14,967
State rank#167 of 518
City rank#9 of 32
County rank#9 of 32
National percentile73.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$239,241
Year-over-year home value change1.2%
Month-over-month home value change0.30%
Home value to income ratio4.23
Median household income$56,542
Bachelor's degree or higher14.7%
Civilian unemployment rate0.0%
Homeownership rate84.6%
Housing vacancy rate0.0%
Rent burden 30% or higher33.9%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in West Norfolk

What is the Best Neighborhoods USA ranking for West Norfolk?

West Norfolk is ranked #9 of 32 eligible neighborhoods in Portsmouth; #167 of 518 eligible neighborhoods in VA; and #3,931 of 14,967 eligible neighborhoods in the United States.

Is West Norfolk one of the best neighborhoods in Portsmouth?

West Norfolk has a Best Neighborhoods USA Index of 60.3 and a city ranking of #9 of 32 eligible neighborhoods in Portsmouth.

How much are homes worth in West Norfolk?

The current Zillow Home Value Index for West Norfolk is approximately $239,241.

Are home values rising or falling in West Norfolk?

Zillow neighborhood values changed 1.2% year over year and 0.30% month over month.

What is the Neighborhood Momentum Score for West Norfolk?

West Norfolk has a Neighborhood Momentum Score of 61.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in West Norfolk?

The NDS-derived neighborhood median household income is approximately $56,542.

How affordable is West Norfolk relative to household income?

The current Zillow home-value-to-household-income ratio is 4.23. Price-to-income affordability is a major Value Opportunity input.

Is West Norfolk primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 84.6%.

What is the unemployment rate in West Norfolk?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of West Norfolk?

Approximately 14.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in West Norfolk face high rent burden?

Approximately 33.9% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score West Norfolk?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications2
Estimated originations1
Home-purchase applications1
Origination rate52.3%
Home-purchase share40.0%
Average application loan$218,833
Total application loan amount$349,955
National application rank#14,669 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 22.2% YoY; originations 17.0% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.