Real Estate details: Orem UT vs Norfolk VA
RE Insights
| Metric | Orem | Norfolk |
|---|---|---|
| Population | 95,910 | 232,995 |
| Median Home Price | $465,000 | $292,000 |
| Rent | 40% | 55% |
| Own | 60% | 45% |
Real Estate Insights Comparison: Orem vs Norfolk
- The population in Norfolk is greater at 232,995 compared to 95,910 in Orem.
- A higher median home price of $465,000 is found in Orem compared to $292,000 in Norfolk.
- The rent percentage in Norfolk is higher at 55% compared to 40% in Orem.
- A greater percentage of homeowners in Orem 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.