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EconPulse

Local economy signal dashboard

Saved
PLACEStable

Norwalk, CT

Stable overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score60out of 100
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NA
46
73
68
NA

Population

92,187

Data freshness

Unknown

GDP / Output

Unavailable YoY

NA

$76.3B

Local GDP is unavailable for this geography.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

46

5.0%

Unemployment is 5.0% for July 2026.

Vintage date unknown

State avg5.2%
U.S. avg4.1%

Population

+3.9% 5-year

73

92,187

Population moved +3.9% over the latest ACS window.

Vintage date unknown

State population3,624,508
U.S. population334,922,499

Housing

Rent share of income

68

23.1%

Median rent consumes 23.1% of median household income: Affordable.

Vintage date unknown

State rent$1.5K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

Unavailable per resident

NA

Unavailable

Federal spending data is unavailable for this geography.

Vintage date unknown

State totalUnavailable
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

Unavailable

No federal obligations were reported for this geography.

Top agencies

Dollars
1. Social Security Administration$3.0B
2. Department of Transportation$580.0M
3. Department of Housing and Urban Development$167.3M

Top recipients

Dollars

No recipients reported.

Affordable

Housing Affordability

23.1%

of median income

1BR estimate$1,700
2BR estimate$2,239
Median income$107,616
Median home value$558,000

ACS context

Quick Facts

Population

92,187

Median age

40.6

Bachelor's degree+

44.8%

Poverty rate

9.1%

Labor force participation

71.6%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

July 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-09

HUD Fair Market Rent

Latest available

Data notes
  • USAspending federal inflow temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.8%

GDP CAGR

Unavailable

Federal flow

N/A

Population (5 years)
202088,755
202190,821
202291,050
202391,375
202492,187
GDP (1 years)
2024$76.3B

2-year linear forecast

Predictive Outlook

Population forecast

202492,187
202593,063 *
202693,805 *

R² = 84.8% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$107,616/yr
Median rent$2,073/mo
Rent share of income23.1%
Est. mortgage (30yr, 6.5%)$33,859/yr
Mortgage share of income31.5%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate5.0%
State avg5.2%
U.S. avg4.1%
Labor force participation71.6%
Poverty rate9.1%

Data from BLS LAUS / CPS. July 2026.

valuation snapshot

Real Estate

Median home value$558,000
Median monthly rent$2,073
Price-to-rent ratio22.4x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateModerate
Composite score59/100
Economic growthN/A
Labor market46/100
Population momentum73/100
Overall stability60/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Norwalk city, Connecticut

City/Town

Part of

Bridgeport-Stamford-Danbury, CT

Nearby locations

Darien Downtown, CTSaugatuck, CTTokeneke, CTCompo, CTNoroton Heights, CT