ZIP comparison · Virginia Beach-Chesapeake-Norfolk, VA-NC
23523 vs 23701
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 | ZIP23523Norfolk, VA | ZIP23701Portsmouth, VA |
|---|---|---|
| Home value | ||
| Typical home value | $257,803 | Better: $260,023 |
| 1-year appreciation | Better: +2.3% | +0.4% |
| 5-year CAGR | +5.1% | Better: +5.9% |
| 10-year CAGR | Better: +5.9% | +5.9% |
| Rent & investment | ||
| Monthly rent | $2,177 | Better: $1,865 |
| Gross yield | Better: 10.1% | 8.6% |
| Cap rate | Better: 6.1% | 5.2% |
| Property tax | ||
| Effective tax rate | Better: 0.8% | 1.0% |
| Typical annual tax | Better: $2,187 | $2,722 |
| Demographics | ||
| Population | 8,188 | 24,298 |
| Median household income | $35,533 | Better: $62,349 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Low |
| Net migration | -563 | Better: -25 |
| Schools | ||
| Public schools | 3 | 8 |
| Students enrolled | 1,103 | 4,492 |