MyNeighborhood

Can you afford to live in Norwalk?

Median household income, home values and rent in Norwalk, CT — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Norwalk.

Median household income: $105,301 — +36.8% since 2015 (not adjusted for inflation)

Median gross rent: $2,010/mo — +42.8% since 2015

Median home value, 2015 to 2023

  • 2015: 410000
  • 2023: 535000

Median household income

  • Norwalk: 105301
  • Western Connecticut Planning Region: 124553
  • CT: 93760
  • U.S.: 78538

Median gross rent

  • Norwalk: 2010
  • Western Connecticut Planning Region: 2060
  • CT: 1431
  • U.S.: 1348

Share of income a typical renter spends on rent: 29.3% — U.S.: 30.2%

What it means

The typical household here earns $105,301 — far higher than the national figure of $78,538.

The typical renter here spends 29.3% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+42.8% versus +36.8%), before adjusting for inflation.

Sources

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