06850, Norwalk, CT

Norwalk, CT is located in the 6850 zip code. According to the 2010 census, Norwalk has a population of 97,824. The median household income was $86,711. Home equity and home prices in Norwalk are among the highest in the country.

The average home price in Norwalk was $317,500 as of September 2013. The average home equity value was $282,100. The median home value is higher than any other zip code in Connecticut and nearly twice as high as the state's second most expensive zip code ($158,600). In addition to having some of the highest home values in Connecticut, Norwalk also has one of the highest rates of homeownership (80%). This high rate of homeownership is likely due to Norwalk's relatively low cost of living and its strong economy.

Home equity and home prices are important indicators of economic health. When housing prices are high and people have a lot of money saved up from their homes' values, it indicates that there is strong demand for housing and that people are able to afford to buy homes even if they do not have a large salary or wage earners. In addition, when housing prices are high and people have a lot of money saved up from their homes' values, it indicates that there is strong demand for housing and that people are able to afford to buy homes even if they do not have a large salary or wage earners.