Real Estate details: Norfolk VA vs Independence MO

RE Insights

Metric Norfolk Independence
Population 232,995 121,202
Median Home Price $292,000 $182,500
Rent 55% 40%
Own 45% 60%

Real Estate Insights Comparison: Norfolk vs Independence

  • Norfolk has a larger population of 232,995 compared to 121,202 in Independence.
  • A higher median home price of $292,000 is found in Norfolk compared to $182,500 in Independence.
  • Rent in Norfolk is higher at 55% compared to 40% in Independence.
  • More homeowners can be found in Independence at 60% compared to 45% in Norfolk.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.