HomeNebraskaMadison CountyNorfolk city
Norfolk city, Nebraska: commercial real estate data.
Norfolk city is a Census city of 26,054 people across 18.14 square miles of land, in Madison County. Median household income is $58,884, 60.9 percent of occupied homes are owned, and the SBA record carries 24 7(a) approvals to borrowers here worth $16.5 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Norfolk
What Norfolk is
- Census place typecity
- Land area18.14 sq mi
- Water area0.39 sq mi
- Population per square mile of land1,436
- County holding the largest share of its areaMadison County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norfolk
How many people live in Norfolk
- Population26,054
- Median age37.3
- Population under 186,308
- Share under 1824.2 percent
- Population 65 and over4,543
- Share 65 and over17.4 percent
- Households10,990
- Family households6,224
- Share of households that are families56.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norfolk
Income and work in Norfolk
- Median household income$58,884
- Per capita income$36,131
- Civilian labor force13,784
- Employed13,347
- Unemployed437 plus or minus 159
- Unemployment rate3.2 percent plus or minus 1.1
- Adults 25 and over17,026
- Adults 25 and over with a high school diploma or higher91.2 percent
- Adults 25 and over with a bachelor degree or higher24.0 percent
- Adults 25 and over with a graduate degree9.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norfolk
Housing in Norfolk
- Housing units11,786
- Occupied units10,990
- Vacant units796 plus or minus 207
- Vacancy rate6.8 percent plus or minus 1.8
- Owner occupied6,694
- Renter occupied4,296
- Ownership rate60.9 percent
- Median owner-occupied home value$211,700
- Median gross rent, monthly$875
- Annual rent as a share of median income17.8 percent
- Single family units7,756
- Share single family65.8 percent
- Units in buildings of two or more3,676
- Share in buildings of two or more31.2 percent
- Mobile homes354 plus or minus 101
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norfolk
How Norfolk gets to work
- Workers 16 and over who commute12,438
- Commuting under 15 minutes8,836
- Share commuting under 15 minutes71.0 percent
- Commuting 30 minutes or more878 plus or minus 213
- Share commuting 30 minutes or more7.1 percent plus or minus 1.7
- Drove alone79.4 percent
- Carpooled11.9 percent
- Public transport0.0 percent
- Walked1.6 percent plus or minus 0.8
- Worked from home5.3 percent plus or minus 1.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norfolk
SBA loans in Norfolk (7(a))
- Approvals24
- Gross approval$16,468,100
- Average approval$686,171
- Median approval$450,000
- Ninetieth percentile approval$2,000,000
- Largest approval$2,550,000
- Jobs supported351
- Jobs per approval14.6
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises4.2 percent
- Distinct lenders9
- Distinct industries by NAICS20
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Norfolk
SBA loans in Norfolk (504)
- Approvals20
- Gross approval$12,856,000
- Average approval$642,800
- Median approval$274,000
- Largest approval$5,000,000
- Jobs supported248
- Loans with a final outcome5
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Madison County, not Norfolk
Madison County context, not Norfolk figures
These are Madison County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Norfolk measurements.
- Establishments in Madison County1,232
- Employment at those establishments, Madison County19,641
- Covered employment, Madison County22,011
- Average annual pay, Madison County$55,267
- Average weekly wage, Madison County$1,063
- Housing units permitted, Madison County275
- Of those, single family, Madison County41
- County product, 2024, Madison County$3,228,404,000
- County product change over the prior year, Madison County3.9 percent
- Average income of an arriving household, Madison County$47,665
Every figure in this section is published for Madison County as a whole and is not a measurement of Norfolk. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Norfolk questions, answered from the record.
How many people live in Norfolk, Nebraska?
26,054, in 10,990 households. Norfolk city covers 18.14 square miles of land, which is 1,436 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Norfolk in?
Madison County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Norfolk?
$58,884. The median owner-occupied home is valued at $211,700. Median gross rent is $875 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Norfolk businesses?
24 7(a) approvals totalling $16.5 m, across 9 lenders, median approval $450,000, plus 20 504 approvals worth $12.9 m. These count approvals to borrowers whose address is in Norfolk, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Norfolk borrowers get paid back?
No rate is published for Norfolk. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Norfolk figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Madison County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Norfolk.
Is zoning published for Norfolk?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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