Population 4,259 · Census ACS 2020–24
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Population and households in Park Place
Household size in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 2.87 | 2.76 | 2.64 | 2.63 | 2.68 |
| 2010–14 | 3.02 | 2.67 | 2.66 | 2.68 | 2.73 |
| 2015–19 | 3.00 | 2.59 | 2.61 | 2.68 | 2.71 |
| 2020–24 | 2.26 | 2.40 | 2.54 | 2.62 | 2.65 |
| Change | −0.60 | −0.36 | −0.10 | −0.01 | −0.03 |
Households in Park Place are small: just 2.26 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has dropped from 2.87, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 33.3 | 32.0 | 37.0 | 38.2 | 37.7 |
| 2010–14 | 29.8 | 32.7 | 37.6 | 39.0 | 38.6 |
| 2015–19 | 32.3 | 33.7 | 38.6 | 40.0 | 39.6 |
| 2020–24 | 35.4 | 35.2 | 39.2 | 40.3 | 40.1 |
| Change | +2.1 | +3.2 | +2.2 | +2.1 | +2.3 |
With a median age of just 35.4, Park Place is far younger than the country as a whole (40.1), a population that tilts toward young adults, many of them living alone or as couples. That is in line with the rest of Norfolk.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 28.0% | 16.9% | 13.7% | 11.1% | 12.3% |
| 2010–14 | 23.9% | 16.8% | 13.6% | 11.0% | 12.3% |
| 2015–19 | 22.1% | 14.7% | 12.9% | 10.5% | 11.6% |
| 2020–24 | 16.6% | 15.5% | 12.9% | 10.7% | 11.6% |
| Change | −11.3 pts | −1.4 pts | −0.7 pts | −0.4 pts | −0.6 pts |
Single-parent households are common in Park Place: 16.6% of all households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Park Place
Renters in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 65.2% | 53.5% | 35.1% | 31.1% | 33.3% |
| 2010–14 | 62.4% | 56.4% | 37.6% | 33.3% | 35.6% |
| 2015–19 | 68.1% | 56.7% | 38.4% | 33.7% | 36.0% |
| 2020–24 | 58.5% | 53.8% | 36.6% | 32.7% | 34.8% |
| Change | −6.7 pts | +0.3 pts | +1.5 pts | +1.5 pts | +1.5 pts |
Renters far outnumber owners in Park Place: 58.5% of households rent their homes, against 34.8% nationally. Among homeowners, 26.4% have no mortgage at all, well below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 23.9% | 11.2% | 9.1% | 10.3% | 11.4% |
| 2010–14 | 17.9% | 9.6% | 9.7% | 10.2% | 11.4% |
| 2015–19 | 14.2% | 9.9% | 9.5% | 9.7% | 11.1% |
| 2020–24 | 12.5% | 9.1% | 7.6% | 8.7% | 9.6% |
| Change | −11.5 pts | −2.1 pts | −1.5 pts | −1.6 pts | −1.8 pts |
Vacancy runs high in Park Place: 12.5% of homes are empty, against 9.6% nationally. The count includes vacation homes and homes between owners or tenants, not just abandoned ones.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 1949 | 1963 | 1977 | 1978 | 1974 |
| 2010–14 | 1949 | 1965 | 1979 | 1980 | 1975 |
| 2015–19 | 1944 | 1965 | 1980 | 1981 | 1977 |
| 2020–24 | 1951 | 1967 | 1982 | 1984 | 1980 |
| Change | +2 | +4 | +5 | +5 | +6 |
The housing in Park Place is old by national standards: the median home dates to 1951, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. Only one other Norfolk neighborhood has older homes.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | $822 | $946 | $1,107 | $1,143 | $965 |
| 2010–14 | $952 | $1,093 | $1,232 | $1,238 | $1,040 |
| 2015–19 | $1,105 | $1,203 | $1,358 | $1,436 | $1,213 |
| 2020–24 | $1,332 | $1,451 | $1,647 | $1,743 | $1,571 |
| Change | +$511 | +$505 | +$540 | +$600 | +$606 |
Rent in Park Place runs $1,332 a month at the median, utilities included, below the U.S. median of $1,571. The typical renter here spends 37.9% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Park Place
Bachelor's degrees in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 12.1% | 23.9% | 27.5% | 35.2% | 28.4% |
| 2010–14 | 17.0% | 25.4% | 28.9% | 36.7% | 29.6% |
| 2015–19 | 18.9% | 29.5% | 32.0% | 39.3% | 32.1% |
| 2020–24 | 33.0% | 32.4% | 35.4% | 42.5% | 35.6% |
| Change | +20.9 pts | +8.5 pts | +7.9 pts | +7.3 pts | +7.2 pts |
About a third of adults 25 and older in Park Place (33.0%) hold at least a bachelor's degree, close to the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 75.4% | 84.9% | 88.9% | 86.8% | 84.9% |
| 2010–14 | 80.1% | 87.4% | 90.0% | 88.3% | 86.1% |
| 2015–19 | 83.8% | 88.8% | 91.5% | 89.9% | 87.7% |
| 2020–24 | 90.3% | 90.8% | 92.8% | 91.6% | 89.3% |
| Change | +14.8 pts | +5.9 pts | +3.9 pts | +4.7 pts | +4.3 pts |
About as many adults in Park Place have finished high school as nationally: 90.3%, against 89.3%. Compared with other Norfolk neighborhoods, Park Place has a lower share of high school graduates than most.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Park Place
| Period | Park Place | Norfolk | Virginia Beach area | Virginia | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 13.6% | 9.7% | 6.5% | 6.0% | 8.1% |
| 2010–14 | 13.0% | 11.2% | 8.2% | 7.0% | 9.4% |
| 2015–19 | 9.1% | 7.5% | 5.6% | 4.7% | 5.6% |
| 2020–24 | 5.0% | 6.2% | 4.9% | 4.3% | 5.4% |
| Change | −8.7 pts | −3.5 pts | −1.6 pts | −1.7 pts | −2.7 pts |
Unemployment in Park Place is close to the national rate: 5.0% of the labor force, against 5.4%. The rate is lower than in Norfolk overall (6.2%). Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Park Place compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Park Place | 2.26 | 35.4 | 16.6% | 58.5% | 12.5% | 1951 | $1,332 | 33.0% | 90.3% | 5.0% |
| Colonial Place Riverview | 1.82 | 40.6 | 7.1% | 43.8% | 9.3% | 1954 | $1,627 | 68.5% | 94.9% | 9.0% |
| Highland Park | 2.32 | 23.6 | 4.0% | 80.0% | 20.0% | 1997 | $1,543 | 42.8% | 96.6% | 4.2% |
| Ghent | 1.73 | 39.5 | 2.4% | 63.4% | 6.1% | 1947 | $1,397 | 64.5% | 98.6% | 5.8% |
| Lindenwood | 2.41 | 34.8 | 19.1% | 56.9% | 16.9% | 1955 | $1,217 | 25.9% | 86.2% | 4.5% |
| Ghent Square | 1.68 | 37.7 | 3.9% | 67.5% | 7.8% | 1975 | $1,724 | 71.7% | 99.1% | 1.7% |
| Lamberts Point | 2.46 | 21.3 | 5.9% | 73.8% | 6.8% | 1985 | $1,432 | 37.0% | 85.3% | 7.2% |
| Larchmont-Edgewater | 2.65 | 32.3 | 4.7% | 24.7% | 6.6% | 1956 | $2,109 | 79.2% | 97.8% | 2.1% |
| Downtown Norfolk | 1.78 | 33.4 | 17.9% | 81.2% | 7.8% | 1971 | $1,362 | 49.8% | 92.1% | 5.5% |
| Fairmont Park | 2.61 | 39.6 | 21.1% | 45.1% | 14.4% | 1959 | $1,373 | 19.2% | 86.3% | 7.3% |
| Central Brambleton | 2.78 | 29.2 | 27.8% | 74.6% | 17.4% | 1986 | $763 | 29.7% | 88.2% | 22.0% |
All figures 2020–24.
Neighborhoods with similar populations: Spring Creek, San Antonio, TX · The Lanes, Waltham, MA · Highlands, Manchester, NH · Thornwood, South Elgin, IL · Bowman, Louisville, KY · Singing Arrow, Albuquerque, NM · Minnehaha, Spokane, WA · Marston, Littleton, CO · Madison Condominium, Falls Church, VA · Lakeshore, Jacksonville, FL
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Park Place. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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