ZIP comparison · Virginia Beach-Chesapeake-Norfolk, VA-NC
23503 vs 23602
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP23503Norfolk, VA | ZIP23602Newport News, VA |
|---|---|---|
| Home value | ||
| Typical home value | Better: $315,027 | $314,160 |
| 1-year appreciation | +1.4% | Better: +2.4% |
| 5-year CAGR | +4.8% | Better: +6.0% |
| 10-year CAGR | +5.2% | Better: +5.3% |
| Rent & investment | ||
| Monthly rent | $1,608 | Better: $1,586 |
| Gross yield | Better: 6.1% | 6.1% |
| Cap rate | Better: 3.7% | 3.6% |
| Property tax | ||
| Effective tax rate | Better: 0.9% | 0.9% |
| Typical annual tax | Better: $2,857 | $2,963 |
| Demographics | ||
| Population | 30,216 | 42,265 |
| Median household income | $67,649 | Better: $79,475 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Low |
| Net migration | Better: -563 | -582 |
| Schools | ||
| Public schools | 6 | 7 |
| Students enrolled | 2,773 | 4,114 |