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State

City

ZIP codes

Norwalk, CT · 06856

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $128K, +2.9% YoY (county); renters hold 33.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 251,530

252Kunits

Occupied235,37993.6%

Vacant16,1516.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 235,379

235Koccupied

Owner156,31966.4%

Renter79,06033.6%

Renter Share

33.6%-0.6% YoY

Total Housing Units

251,530+0.6% YoY

ZIP Profile — 06856

U.S. Census ACS characteristics for ZIP 06856 itself, not its parent county.

Population & Age

ZIP Population

50.0% YoY

2020 Age Mix ⓘ

U.S. Census ACS · n = 5

5residents

Under 1800.0%

Adults 18–64480.0%

65 & Over120.0%

Age Composition Over Time

U.S. Census ACS · 2019–2020

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

50.50-1.9% YoY

Population Under 18

0-- YoY

Population 65 & Over

10.0% YoY

Households & Mobility

Total Households

0-- YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

---- YoY

2020 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house80.0%

Moved (within US)20.0%

Other0.0%

Veterans

0.0%-- YoY

Income & Poverty

Median Household Income

---- YoY

Per-Capita Income

$11K+118.4% YoY

Mean Household Income

---- YoY

Below Poverty Level

---- YoY

Units & Tenure

Total Housing Units

0-- YoY

2020 Occupancy ⓘ

U.S. Census ACS · n = 0

--Not reported for this area (ACS).

2020 Tenure ⓘ

U.S. Census ACS · n = 0

--Not reported for this area (ACS).

Avg Household Size — Owner

---- YoY

Avg Household Size — Renter

---- YoY

County Demographics

County population is up 0.9% to 627,071: residents under 18 are up 0.1% and those 65 and over are up 3.3%.

Median Age

41.52024

Population

Western Connecticut Planning Region Population

637,013+1.1% YoY

Households

Total Households

235,379+1.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.63-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 627,071

627Kresidents

Under 18136,49021.8%

Adults 18–64381,36460.8%

65 & Over109,21717.4%

Age Composition Over Time

U.S. Census ACS · 2022–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

136,490+0.1% YoY

Population 65 & Over

109,217+3.3% YoY

Median Age

41.500.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.2%

Moved (within US)9.8%

Other1.0%

Veterans

3.1%-8.8% YoY

County Economy

County median household income is $128K, 7.5% of residents are below the poverty level, 21.5% work from home.

Income

Median Household Income

$128K+2.9% YoY

Per-Capita Income

$82K+3.3% YoY

Mean Household Income

$215K+2.6% YoY

Poverty

Below Poverty Level

7.5%+1.4% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone59.3%

Public transit7.0%

Worked from home21.5%

Other12.2%

Worked From Home

21.5%+12.6% YoY

Mean Commute

30.80-0.6% YoY

Done with 06856? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Norwalk, CT · 06856

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $128K, +2.9% YoY (county); renters hold 33.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 251,530

252Kunits

Occupied235,37993.6%

Vacant16,1516.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 235,379

235Koccupied

Owner156,31966.4%

Renter79,06033.6%

Renter Share

33.6%-0.6% YoY

Total Housing Units

251,530+0.6% YoY

ZIP Profile — 06856

U.S. Census ACS characteristics for ZIP 06856 itself, not its parent county.

Population & Age

ZIP Population

50.0% YoY

2020 Age Mix ⓘ

U.S. Census ACS · n = 5

5residents

Under 1800.0%

Adults 18–64480.0%

65 & Over120.0%

Age Composition Over Time

U.S. Census ACS · 2019–2020

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

50.50-1.9% YoY

Population Under 18

0-- YoY

Population 65 & Over

10.0% YoY

Households & Mobility

Total Households

0-- YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

---- YoY

2020 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house80.0%

Moved (within US)20.0%

Other0.0%

Veterans

0.0%-- YoY

Income & Poverty

Median Household Income

---- YoY

Per-Capita Income

$11K+118.4% YoY

Mean Household Income

---- YoY

Below Poverty Level

---- YoY

Units & Tenure

Total Housing Units

0-- YoY

2020 Occupancy ⓘ

U.S. Census ACS · n = 0

--Not reported for this area (ACS).

2020 Tenure ⓘ

U.S. Census ACS · n = 0

--Not reported for this area (ACS).

Avg Household Size — Owner

---- YoY

Avg Household Size — Renter

---- YoY

County Demographics

County population is up 0.9% to 627,071: residents under 18 are up 0.1% and those 65 and over are up 3.3%.

Median Age

41.52024

Population

Western Connecticut Planning Region Population

637,013+1.1% YoY

Households

Total Households

235,379+1.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.63-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 627,071

627Kresidents

Under 18136,49021.8%

Adults 18–64381,36460.8%

65 & Over109,21717.4%

Age Composition Over Time

U.S. Census ACS · 2022–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

136,490+0.1% YoY

Population 65 & Over

109,217+3.3% YoY

Median Age

41.500.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.2%

Moved (within US)9.8%

Other1.0%

Veterans

3.1%-8.8% YoY

County Economy

County median household income is $128K, 7.5% of residents are below the poverty level, 21.5% work from home.

Income

Median Household Income

$128K+2.9% YoY

Per-Capita Income

$82K+3.3% YoY

Mean Household Income

$215K+2.6% YoY

Poverty

Below Poverty Level

7.5%+1.4% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone59.3%

Public transit7.0%

Worked from home21.5%

Other12.2%

Worked From Home

21.5%+12.6% YoY

Mean Commute

30.80-0.6% YoY

Done with 06856? Put it next to another market.