Cost of Living in Norwalk, CT
Population: 91,375 • 2026 Data
$105,301
Median Household Income
+36% vs national
$2,010
Median Monthly Rent
+49% vs national
$535,000
Median Home Value
+58% vs national
5.8%
Unemployment Rate
Housing in Norwalk
The median home value in Norwalk, CT is $535,000. Monthly rent for a typical unit averages $2,010, while total monthly housing costs (including utilities and insurance) average $2,263.
Rent-to-income ratio: 22.9%. 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, CT is $105,301. The unemployment rate stands at 5.8%, with a labor force of 53,672 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.