Norfolk, VA 23508

All Locations
Share
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 8
Days Above 95°F 3
Rainy Days 0
Humid Days 0
Days in 40s 30
Days in 50s 59
Days in 60s 93
Days in 70s 74
Days in 80s 76
Days in 90s 26
Days in 100s 0
Good Weather Range Good Weather Probability National Rank
10°F - 70°F 50% 58%
20°F - 70°F 50% 58%
30°F - 70°F 50% 50%
40°F - 70°F 49% 12%
50°F - 70°F 41% 5%
10°F - 80°F 71% 39%
20°F - 80°F 71% 39%
30°F - 80°F 71% 29%
40°F - 80°F 69% 8%
50°F - 80°F 61% 5%
10°F - 90°F 91% 46%
20°F - 90°F 91% 46%
30°F - 90°F 91% 31%
40°F - 90°F 90% 10%
50°F - 90°F 82% 11%
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 89% 26%

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 396350
Median Days on Market 19
3000SF Builder Grade Projected Cost 553602
3000SF Designer Grade Projected Cost 1384005
3000SF Estate Grade Projected Cost 2768010
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 541 216 108
200k Builder Grade 1000sf 1083 433 216
300k Builder Grade 1000sf 1625 650 325
400k Builder Grade 2000sf 2167 867 433
500k Builder Grade 2000sf 2709 1083 541
600k Builder Grade 3000sf 3251 1300 650
700k Builder Grade 3000sf 3793 1517 758
800k Builder Grade 4000sf 4335 1734 867
900k Builder Grade 4000sf 4877 1950 975
1M Builder Grade 5000sf 5419 2167 1083
1.25M Builder Grade 5000sf 6773 2709 1354
1.5M Designer Grade 3000sf 8128 3251 1625
1.75M Designer Grade 3000sf 9483 3793 1896
2M Designer Grade 4000sf 10838 4335 2167
2.25M Designer Grade 4000sf 12192 4877 2438
2.5M Designer Grade 5000sf 13547 5419 2709
2.75M Designer Grade 5000sf 14902 5960 2980
3M Estate Grade 3000sf 16257 6502 3251
3.5M Estate Grade 3000sf 18966 7586 3793
4M Estate Grade 4000sf 21676 8670 4335
4.5M Estate Grade 4000sf 24385 9754 4877
5M Estate Grade 5000sf 27095 10838 5419
7.5M Estate Grade 7000sf 40642 16257 8128
10M Estate Grade 7000sf 54190 21676 10838