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Real Estate Prices & Overview

Norcum Park median real estate price is $243,493, which is less expensive than 81.4% of Virginia neighborhoods and 70.6% of all U.S. neighborhoods.

The average rental price in Norcum Park is currently $1,442, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.9% of Virginia neighborhoods.

Norcum Park is an urban neighborhood (based on population density) located in Portsmouth, Virginia.

Norcum Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Norcum Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Norcum Park are 3.6%, which is lower than one will find in 76.2% of American neighborhoods. Demand for real estate in Norcum Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Portsmouth, the Norcum Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

With 6.2% of employed workers living in the Norcum Park neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

One of the unique characteristics of the Norcum Park neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.4% of the neighborhoods in America.

Diversity

Did you know that the Norcum Park neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.4% of this neighborhood's residents have African ancestry and 21.4% have Sub-Saharan African ancestry.

Norcum Park is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.9% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Norcum Park neighborhood in Portsmouth are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.4% of U.S. neighborhoods. With 21.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.7% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Norcum Park neighborhood, 33.7% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.6%), and 17.4% in executive, management, and professional occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Norcum Park neighborhood is English, spoken by 94.1% of households. Other important languages spoken here include Arabic and Spanish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Norcum Park neighborhood in Portsmouth, VA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (21.4%). There are also a number of people of African ancestry (21.4%), and residents who report Native American roots (3.1%), and some of the residents are also of Arab ancestry (3.0%), along with some Italian ancestry residents (1.6%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Norcum Park neighborhood spend between 15 and 30 minutes commuting one-way to work (31.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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