Economic Atlas
WORKSPACE
OverviewScreenerWatchlistChatAccount
EXPLORE
CompaniesPlacesPlace screenerMethodology
Terms·Privacy
Economic Atlas
HomeScreenerChatCompanies
Economic Atlas
WORKSPACE
OverviewScreenerWatchlistChatAccount
EXPLORE
CompaniesPlacesPlace screenerMethodology
Terms·Privacy
Economic Atlas
Places/VA/Norfolk (Independent City)
County profile

Norfolk (Independent City)

United States · GDP 2024
#211 of 3,127 US counties by GDP52nd-percentile growthmore diversified than 94% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$26.8B
GDP growth
+4.6%
Jobs tracked
109,272
Employers
5,398
Avg. wage
$70.1k
Population
231,013
Labor & formation
Unemployment
4.1%
Median HH income
$66.1k±$1.8k
Business applications
4,651 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1PRA Group, Inc.Financial Services$1.2B49D2HLK Biotech Holding Group, Inc.Healthcare———

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care29%
Food & accommodation16%
Retail trade15%
Professional services14%
Admin & support14%
Transportation11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
231,013
residents · 2025 · -2.9% since 2020
Income per capita $51.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−15,736
International migration+5,191
Natural change+3,741

GDP trend

2019–2024 · nominal
$20.1B
2019
$20.2B
2020
$22.1B
2021
$24.1B
2022
$25.6B
2023
$26.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$289.9k±$5.5k
Median gross rent
$1.3k/mo±$27/mo
Vacancy rate
8.3%±0.7%
Affordability
4.1× wages
Residential permits
156 (0.7/1k pop)
FEMA risk score
81.2
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 93Heat wave 88Lightning 88
FHFA HOUSE PRICE INDEX · 2016–2025
672
2016
686
2017
712
2018
737
2019
771
2020
856
2021
963
2022
1037
2023
1072
2024
1125
2025

Transport access

BTS · FAA · USACE
Nearest interstate
1.0 km
I-64
Nearest freight rail
0.2 km
NS
Nearest port
6.0 km
Norfolk Shiprepair & Drydock Corp., Brambleton Plant Pier No. 6.
Nearest commercial airport
5.0 km
NORFOLK INTL
Filing activity
SEC EDGAR

5 filings from 1 company here in the last 90 days.

8-KPRA Group, Inc.06-23
10-QPRA Group, Inc.05-08
8-KPRA Group, Inc.05-07
8-KPRA Group, Inc.05-05
DEF 14APRA Group, Inc.04-30
10-KPRA Group, Inc.03-02
8-KPRA Group, Inc.02-26
10-QPRA Group, Inc.11-10
8-KPRA Group, Inc.11-03
8-KPRA Group, Inc.10-01
Wage trend
BLS QCEW · 2019–2023
$70.1k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDP
Berks$26.6BJefferson$27.1BSt. Charles$26.4BManatee$26.3BGalveston$26.3BClayton$26.3B
The read

Norfolk (Independent City)'s economy produced $26.8B in 2024, growing 4.6% year over year — about the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
HomeScreenerChatCompanies