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Lake Terrace
  • Neighborhood in Norfolk, VA
profile header© Mapbox / © OpenStreetMap
Neighborhood
Norfolk

Lake Terrace

Report Card

grade B minus
Overall Niche Grade
  1. Public Schools
    grade C
  2. Crime & Safety
    grade unavailable
  3. Housing
    grade C
  4. Nightlife
    grade A
  5. Good for Families
    grade C+
  6. Diversity
    grade A
  7. Jobs
    grade C
  8. Weather
    grade B+
  9. Cost of Living
    grade B minus
  10. Health & Fitness
    grade B+
  11. Outdoor Activities
    grade B+
  12. Commute
    grade B+

Lake Terrace is a neighborhood in Norfolk, Virginia with a population of 1,851. Lake Terrace is in Norfolk City County. In Lake Terrace, most residents rent their homes. Many young professionals live in Lake Terrace and residents tend to be liberal.

About

About Lake Terrace...
Population
1,851

Real Estate

Median Home Value
$226,900
National
$244,900
Median Rent
$1,450
National
$1,163
Area Feel
No data available  
Rent vs. Own
  • Rent
    63%
  • Own
    37%
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Map

Home Listings

Listings by Homes.com

Lake Terrace Rankings

Niche ranks thousands of neighborhoods based on key statistics from the U.S. Census and expert insights.

Crime & Safety

Crime & Safety
grade unavailable
Based on violent and property crime rates.
Violent Crimes
  • Calculated annually per 100,000 residents
  • Assault
    No data available  
    national  282.7
  • Murder
    No data available  
    national  6.1
  • Rape
    No data available  
    national  40.7
  • Robbery
    No data available  
    national  135.5
Property Crimes
  • Calculated annually per 100,000 residents
  • Burglary
    No data available  
    national  500.1
  • Theft
    No data available  
    national  2,042.8
  • Motor Vehicle Theft
    No data available  
    national  284

Residents

Diversity
grade A
Based on ethnic and economic diversity.
Median Household Income
$63,984
National
$69,021
Families with Children
9%
Education Levels
  • Master's degree or higher
    7%
    national  13%
  • Bachelor's degree
    17%
    national  21%
  • Some college or associate's degree
    48%
    national  29%
  • High school diploma or equivalent
    24%
    national  26%
  • Less than high school diploma
    4%
    national  11%

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