2021 Relocation Guide: Moving to Norfolk, Virginia

Moving to Norfolk

Moving to Norfolk, VA? One of the nation’s oldest English settlements that have developed into a vibrant and diverse community. Home to the world’s largest naval base, the Norfolk Naval Station, and the headquarters of the NATO Strategic Command, the city is considered a key transport and military location. But Norfolk is known as the commercial, urban, historical, and cultural hub, in addition to the military presence.

On almost three sides, Norfolk is covered by water. The southern and western limits are formed by the Elizabeth River, and the north is formed by the Chesapeake Bay. The eastern frontier is created by Virginia Beach, and the town of Chesapeake forms a small section of the southern frontier. Located along miles of inlets, riverways, creeks, and the bay, you can find attractive and charming historic communities.

You’ll love all the possibilities for sailing, diving, cruising, kayaking, paddle boarding, and fishing whether you’re a fresh or saltwater enthusiast, or maybe you’re content with a peaceful day at the beach.

Guide Moving to Norfolk, VA

Looking to hire movers will make it a lot easier to relocate and shift to Norfolk than if you try to do it all alone. Check out the selection of moving services with which we can connect you, then use this reference to know about the climate, commuting, cost of living, the housing market, economy, and so much more. To give you an idea of all your housing and lifestyle choices, we also provide details on the best Norfolk neighborhoods.

Here are the best moving companies you can trust;
Xfinity Moving
College Hunk
Two Men and a Truck
All My Sons Moving and Storage
U-Haul
College Hunk
Portable On Demands
Budget Truck Rental
1-800-PACK-RAT
Penske
Best Interstate Moving + Storage

Norfolk, with a population of about 246,000, is Virginia’s second-largest city. The region is known as Hampton Roads, along with Suffolk, Williamsburg, Newport News, Poquoson, Portsmouth, Virginia Beach, Chesapeake, and Hampton. There is a population of around 1,719,000 people in the Hampton Roads Metropolitan Area, and Norfolk is considered the central business center of the entire metropolitan region.

House Market

Fair housing rates are one of the many amazing things about Norfolk. Around half of the households in Norfolk own their houses, according to Best Places. Expect a median home value of $189,100 and a median list price of $200,000 if you’re planning on buying a home. In 2018-2019, home values rose 2.4 percent and are expected to go up 1.3 percent in 2020, according to Zillow.

Most homes are either waterfront or have water access. Designs vary from small vintage cottages with two bedrooms to beautiful Georgian-style two-story homes with sweeping front porches. Several properties feature mature trees and lush green surroundings. There are also new, advanced apartments and condos available.

Comparison with the US average of $1,566 per month, those that want to rent can expect a median rent price of $1,339 per month. In general, in Ocean View and close to Norfolk State University, the cheapest places to live are in Norfolk.

Cost of Living

Generally speaking, Norfolk’s cost of living is reasonable. An index of 100 is used by Best Places as the national average, and Norfolk is scored 99.9/100. The total average for Virginia is 113.8/100. Healthcare runs 117.2/100 in Norfolk, and miscellaneous costs run 104.2/100, making them the most costly essential products. The cheapest necessities are food at 93.4/100 and transport at 95.9/100. The median income for households is $44,150 annually. In order to live modestly, families with two adults and two children need $81,400.

Job Market and Economy

The economy of Norfolk is solid. The 3.7 percent unemployment rate is equivalent to the US average of 3.7 percent as of summer 2019. Cargo terminals, shipping, Military, defense contracting, government contractors such as education, shipbuilders, health care, and tourism are major industries.

The City of Norfolk, the U.S. Department of Defense, Maersk, Norfolk Southern Railways, Old Dominion University, BAE Systems, General Dynamics, and its NASSCO subsidiary are among the major employers. The healthcare industry has a significant presence in the fully-civilian sector with Sentara Norfolk General Hospital, the King’s Daughters Children’s Hospital, Bon Secour’s DePaul Hospital, and Eastern Virginia Medical School.

Moving to Norfolk? Wow Mover will make your move easy and smooth. To get started, choose from our list of the best interstate moving companies below:

Here are the best moving companies you can trust;
Xfinity Moving
College Hunk
Two Men and a Truck
All My Sons Moving and Storage
U-Haul
College Hunk
Portable On Demands
Budget Truck Rental
1-800-PACK-RAT
Penske
Best Interstate Moving + Storage

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