Located in the state of California, Norwalk is a mid-sized city with a population of 106,360 residents. Norwalk has a population density of 10,955 people per square mile. This would be considered well above the national population density level. More than a quarter of the residents of Norwalk identify themselves as Hispanic or Latino, and 54% of the population speak Spanish as their primary or secondary language.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Norwalk, California could be a fulfilling experience for anyone who puts in the effort to do the research required. To help you find the best places to live in and around Norwalk, AreaVibes has created a livability score using key metrics like amenities, weather, employment and more.
With a livability score of 66 out of 100, Norwalk is ranked #16,450 in the United States and #605 in California. There are seven total categories that create the livability score. Norwalk scores well for amenities (A+) and weather (A+). The bad news for Norwalk, there are some categories for which it does not score well, this includes: cost of living (F), education (F), employment (D) and housing (D).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Norwalk on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Norwalk. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Norwalk are affordable. The median home price for Norwalk homes is $350,600, which is 14.3% lower than the California average. If we take a closer look at the affordability of homes in Norwalk, we’ll see that the home price to income ratio is 5.7, which is 10.9% lower than the California average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Norwalk area were 3.8% and 5 year appreciation rates were 8.7%.