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Norfolk

Norfolk is a thriving city of some 246,000 residents and more than 100 diverse neighborhoods. It has a vibrant downtown, is home to businesses small and large, hosts the world’s largest naval base and one of the region’s international airports. The city is undergoing a successful renewal, including new office, retail, entertainment and hotel construction, new residential development along the rivers and bay front, and revitalization projects in many of its neighborhoods. From a vibrant arts district and renowned museums to beautiful neighborhoods and one-of-a -kind restaurants, Norfolk hosts everything expected from a world-class city.

Population
Economic Area Population 
Norfolk 247,307
Virginia 8,459,161
United States 323,772,974

Economic Modeling Specialists International (EMSI), 2016

Percent of Population by Age Group
Age Range Percent of Population
Under 18 20.5%
18-34 36.6%
35-54 21.6%
55+ 21.3%
Median Age 30.2
Gender  
Male 52.0%
Female 48.0%

Esri Business Analyst Online 2016 Detailed Age Profile 

Median Household Income
Year Amount
2016 $ 43,563
2021 Forecast $ 41,688

Esri Business Analyst Online, 2016 Forecast

Educational Attainment Ages 25+
Norfolk Percent
At Least a High School Diploma 87.80%
At Least Some College 61.60%
Bachelor's Degree or Higher 27.40%
United States  
At Least a High School Diploma 87.18%
At Least Some College 59.60%
Bachelor's Degree or Higher 30.45%

Esri Business Analyst Online 2016 Market Profile 

Labor Force
  Amount
Civilian Labor Force 109,971
Employed 104,347
Unemployed 5,624
Unemployment Rate 5.1%

U.S. Bureau of Labor Statistics, January 2017 

Largest Employment by Industry Sector
Industry Number of Employees Percent of Workforce
Government 38,808 27.79%
Healthcare and Social Assistance 21,585 15.46%
Retail Trade 11,258 8.06%
Accommodation and Food Services 11,097 7.95%
Professional, Scientific, & Technical Services 8,025 5.75%
Transportation & Warehousing 7,532 5.39%

Virginia Employment Commission, Q3 2016

Largest Private Employers
Employer
Sentara Healthcare
Children’s Hospital of the King’s Daughters
Eastern Virginia Medical School
Bon Secours DePaul Medical Center
Portfolio Recovery Association
Contact Information
Mr. Chuck Rigney, Director
City of Norfolk Department of Development
500 East Main Street, Suite 1500
Norfolk, Virginia 23510
(P) 757-664-4763
(F) 757-441-2910
www.norfolkdevelopment.com
charles.rigney@norfolk.gov
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