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Real Estate Prices & Overview

Norfolk South median real estate price is $209,409, which is more expensive than 35.1% of the neighborhoods in Nebraska and 22.8% of the neighborhoods in the U.S.

The average rental price in Norfolk South is currently $1,115, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.0% of Nebraska neighborhoods.

Norfolk South is a remote neighborhood (based on population density) located in Norfolk, Nebraska.

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

Norfolk South has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Norfolk South neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 77.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

More people work in manufacturing and as laborers here in the Norfolk South neighborhood than in 96.3% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Norfolk South neighborhood has more Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.3% of this neighborhood's residents have Swedish ancestry.

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 Norfolk South neighborhood in Norfolk are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.6% of U.S. neighborhoods. With 17.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.8% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Norfolk South neighborhood, 43.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.5%), and 8.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Norfolk South neighborhood is English, spoken by 74.1% of households. Some people also speak Spanish (25.0%).

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 Norfolk South neighborhood in Norfolk, NE, residents most commonly identify their ethnicity or ancestry as German (32.6%). There are also a number of people of Mexican ancestry (27.1%), and residents who report Swedish roots (6.3%), and some of the residents are also of Irish ancestry (6.0%), along with some English ancestry residents (4.9%), among others. In addition, 12.2% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Norfolk South neighborhood spend under 15 minutes commuting one-way to work (77.6% of working residents), one of the shortest commutes across America.

Here most residents (88.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.5%) and 5.4% of residents also hop out the door and walk to work for their daily commute. 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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