Cost of Living in Norwalk, CA
Population: 100,713 • 2026 Data
$98,709
Median Household Income
+28% vs national
$2,014
Median Monthly Rent
+49% vs national
$616,600
Median Home Value
+82% vs national
5.6%
Unemployment Rate
Housing in Norwalk
The median home value in Norwalk, CA is $616,600. Monthly rent for a typical unit averages $2,014, while total monthly housing costs (including utilities and insurance) average $2,016.
Rent-to-income ratio: 24.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Norwalk, CA is $98,709. The unemployment rate stands at 5.6%, with a labor force of 51,289 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.