Norfolk, VA 23505

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Published March 2024
Overview Weather Summary Taxes Summary Housing Cost Summary

Weather Summary

*1% National Rank is best weather and 99% is worst weather for that preference

Days Below Freezing 24
Days Above 95°F 19
Rainy Days 150
Humid Days 150
Days in 40s 16
Days in 50s 45
Days in 60s 76
Days in 70s 78
Days in 80s 84
Days in 90s 59
Days in 100s 4
Good Weather Range Good Weather Probability National Rank
10°F - 70°F 38% 75%
20°F - 70°F 38% 75%
30°F - 70°F 38% 75%
40°F - 70°F 37% 63%
50°F - 70°F 33% 29%
10°F - 80°F 59% 74%
20°F - 80°F 59% 74%
30°F - 80°F 59% 73%
40°F - 80°F 58% 43%
50°F - 80°F 54% 18%
10°F - 90°F 82% 75%
20°F - 90°F 82% 75%
30°F - 90°F 82% 70%
40°F - 90°F 81% 39%
50°F - 90°F 77% 21%
10°F - 100°F 98% 72%
20°F - 100°F 98% 72%
30°F - 100°F 98% 44%
40°F - 100°F 97% 22%
50°F - 100°F 93% 18%

Taxes Summary

*LTCG = Long Term Capital Gains
*Federal = Income + Social Security + Medicare + NIIT
*1% National Rank is highest effective tax and 99% is lowest effective tax for that income profile

W2 Income LTCG Income Home Value Total Tax Rate National Rank Net Taxes Paid Federal State Property Sales Local
22k - - 9% 87% 2093 1683 45 - 365 -
40k - - 13% 68% 5359 4290 405 - 664 -
70k - - 17% 73% 12159 9991 1005 - 1162 -
22k - 66k 12% 85% 2645 1683 45 551 365 -
40k - 120k 15% 82% 6361 4290 405 1001 664 -
70k - 210k 19% 84% 13912 9991 1005 1753 1162 -
100k - 300k 21% 84% 21755 15886 1703 2504 1660 -
200k - 600k 28% 84% 57055 43821 4903 5009 3321 -
400k - 1.2M 33% 77% 135091 102619 15809 10018 6643 -
800k - 2.4M 40% 65% 321292 249158 38809 20037 13287 -
1.6M - 4.8M 44% 57% 707738 556279 84809 40075 26574 -
100k 50k 450k 16% 83% 25338 15886 3203 3757 2491 -
200k 100k 900k 22% 80% 67989 45433 10059 7514 4982 -
400k 400k 2.4M 28% 61% 227066 154932 38809 20037 13287 -
800k 1M 5.4M 32% 54% 580496 409206 96309 45084 29896 -
1.6M 3.2M 14.4M 34% 52% 1653719 1184962 268809 120225 79723 -
1 150k 450k 12% 79% 18564 9112 3203 3757 2491 -
1 300k 900k 18% 76% 54168 31612 10059 7514 4982 -
1 800k 2.4M 22% 61% 178746 106612 38809 20037 13287 -
1 1.8M 5.4M 26% 55% 468672 297382 96309 45084 29896 -
1 4.8M 14.4M 28% 53% 1366140 897382 268809 120225 79723 -

Housing Cost Summary

*1% National Rank is most expensive and 99% is cheapest build cost
Thank you to RedFin for housing data for processing these derived metrics

Median Home Price 326670
Median Days on Market 22
3000SF Builder Grade Projected Cost 531123
3000SF Designer Grade Projected Cost 1327809
3000SF Estate Grade Projected Cost 2655619
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 564 225 112
200k Builder Grade 1000sf 1129 451 225
300k Builder Grade 1000sf 1694 677 338
400k Builder Grade 2000sf 2259 903 451
500k Builder Grade 2000sf 2824 1129 564
600k Builder Grade 3000sf 3389 1355 677
700k Builder Grade 3000sf 3953 1581 790
800k Builder Grade 4000sf 4518 1807 903
900k Builder Grade 5000sf 5083 2033 1016
1M Builder Grade 5000sf 5648 2259 1129
1.25M Builder Grade 5000sf 7060 2824 1412
1.5M Designer Grade 3000sf 8472 3389 1694
1.75M Designer Grade 3000sf 9884 3953 1976
2M Designer Grade 4000sf 11296 4518 2259
2.25M Designer Grade 5000sf 12708 5083 2541
2.5M Designer Grade 5000sf 14120 5648 2824
2.75M Estate Grade 3000sf 15533 6213 3106
3M Estate Grade 3000sf 16945 6778 3389
3.5M Estate Grade 3000sf 19769 7907 3953
4M Estate Grade 4000sf 22593 9037 4518
4.5M Estate Grade 5000sf 25417 10167 5083
5M Estate Grade 5000sf 28241 11296 5648
7.5M Estate Grade 7000sf 42362 16945 8472
10M Estate Grade 7000sf 56483 22593 11296