Norwalk, CT Real Estate
According to census data in the year 2000 there were 33,753 housing units in Norwalk.
This represents a 4.7% growth from 32,224 in 1990.
Of those housing units, 33,753 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Norwalk is about 62%.
Norwalk's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Norwalk were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 18.20% |
| Two Bedrooms | 29.20% |
| Three Bedrooms | 32% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $270,100 |
| Median Price asked for vacant units | $285,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $707 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 54.80% |
| Debt Free | 27.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
