Real Estate details: Norfolk VA vs Merced CA
RE Insights
| Metric | Norfolk | Merced |
|---|---|---|
| Population | 232,995 | 91,563 |
| Median Home Price | $292,000 | $358,000 |
| Rent | 55% | 57% |
| Own | 45% | 43% |
Real Estate Insights Comparison: Norfolk vs Merced
- Norfolk has a larger population of 232,995 compared to 91,563 in Merced.
- The median home price in Merced is higher at $358,000 compared to $292,000 in Norfolk.
- The rent percentage in Merced is higher at 57% compared to 55% in Norfolk.
- A greater percentage of homeowners in Norfolk at 45% compared to 43% in Merced.
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.