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1027 Meads Rd.
Norfolk, VA 23505

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Tina Merritt

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$139,800

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Neighborhood Info

Neighborhood Profile

For Property Located At

1027 Meads Rd
Norfolk, VA 23505-2028
Norfolk City County

Demographics

Summary Information

	2008 Estimate	2013 Estimate
Population:	1988	1737
Number of Households:	780	754

Census Tract/Block	16.00 / 2
10 Year Population Growth	-6.74%	Household Growth Last 10 Years	-4.41%
Estimated Growth In 5 Years	-3.33%	Household Forecast Growth	-4.87%

Owner Occupied	36%	Median Home Value	$81,300	Median Mortgage	$979
Absentee Owner	64	Average House Hold Income	$32,787	Median Rent	$454
Average Household Size	2.47	Median Vehicles Value		Married	53%
College Graduate	14%			Unmarried	47%

Home Characteristics

Value
Below $100,000	76%
$100,000 And $150,000	19%
$150,000 And $200,000	5%
$200,000 And $300,000	0%
$300,000 And $500,000	0%
$500,000 and above	0%

Year Built
1999-2000	1%
1995-1998	4%
1990-1994	9%
1980-1989	37%
1970-1979	14%
1900-1969	36%

Affluency Factors

Household Income
0 TO $25,000	49%
$25,000 TO $35,000	19%
$35,000 TO $50,000	15%
$50,000 TO $75,000	10%
$75,000 TO $100,000	5%
$100,000 and Above	2%

Mortgage Expense
Under $300	9%
$300-$799	18%
$800-$1999	73%
$2000 and Over	0%

Rent Expense
Less Than $499	59%
$500 & $749	38%
$750 & $999	1%
$1000 & Over	0%

Professional/Lifestyle Characteristics

Education
No Diploma	30%
High School	31%
Some College	21%
College Graduate	14%
Graduate Degree	4%

Profession
Mgr/Prof	19%
Technical	14%
Sales	24%
Administrative	14%
Private House Hold	4%
Service	27%
Protective Services	3%
Farming	0%
Skilled	0%
Blue Collar	16%
Private Worker	67%

Lifestyle
Owner Occupied	36%
Absentee Owner	64%
Married	53%
Unmarried	47%

Commute Time
0-14 Min	26%
15- 29 Min	46%
30- 59 Min	23%
Over 60 Min	3%

Employment Sector

Private Worker	67%		Government Worker	18%
Self Employed Worker	5%		Unpaid Family Worker	0%

School Enrollment

Public Pre-Primary School	0%	Private Pre-Primary School	1%
Public School	10%	Private School	3%
Public College	4%	Private College	2%
Not Enrolled In School	83%

Population Distribution by Gender

Population

1988

Male Population

47%

Female Population

53%

Population Distribution by Age

0 - 11

19%

12 - 17

18 - 24

13%

25 - 64

42%

65 - 74

75+

Geographic Block Group

A Block Group is a cluster of blocks within a Census Tract. Block Groups contain between 250 and 550 homes.
Average House Hold Income	$32,787		Median Mortgage	$979

School Information

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Courtesy of Christine Merritt
Real Estate Information Network, Inc.

The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

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