B+

Norwalk, IA

Source:

Affordability Score: 76/100

Population: 11,192 · 1 ZIP codes

The affordability dashboard for Norwalk, IA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 11,192 residents, then layers in county-level federal data to produce an overall grade of B+ (76/100). The headline inputs are median household income of $103,712, median home value of $316,100, median rent of $851 per month, and 37.0% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,318 per month (studio $1,063, 1BR $1,109, 3BR $1,794, 4BR $1,841). Department of Labor data lists infant center-based childcare at $8,804 per year, consuming 8% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Norwalk, IA include income, rent, childcare. Unemployment currently reads 3.6% and poverty 5.2% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$103,712
Median household income
Education C+
37.0%
Bachelor's degree or higher
Housing B-
3.0x
Home value $316,100 vs income
Commute B-
21 min
Average commute time
Rent A
$1,318/mo
2BR fair market rent (15% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B+
$8,804/yr
Center-based infant care (8% of income)

Income & Employment

Median Income
$103,712
▲ 67% vs national
Per Capita Income
$48,548
Unemployment Rate
3.6%
Poverty Rate
5.2%

Housing

Median Home Value
$316,100
▲ 15% vs national
Median Rent
$851/mo
Owner Occupied
84.3%
2BR Fair Market Rent
$1,318/mo
▲ 10% vs national

Fair Market Rents by Bedroom

Studio
$1,063
1BR
$1,109
2BR
$1,318
3BR
$1,794
4BR
$1,841

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
37.0%
▲ 7 ppt vs national
High School+
59.6%
Median Age
38.7
Avg. Commute
21 min
▼ 5 min vs national

Childcare Costs

Infant (Center)
$8,804/yr
8% of income
Toddler (Center)
$7,586/yr
Preschool (Center)
$7,586/yr
School-Age (Center)
$6,069/yr

What This Means

Norwalk, IA receives an overall affordability grade of B+ (76/100), aggregated from 1 ZIP codes with a total population of 11,192. This area performs well in income and rent and childcare. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Norwalk, IA affordable?
Norwalk, IA receives an overall affordability grade of B+ (76/100) based on Census, HUD, FBI, and DOL data. Median household income is $103,712. Median home value is $316,100.
What is the cost of living in Norwalk?
Key cost metrics: Median rent $851/mo. 2BR fair market rent $1,318/mo. Infant childcare $8,804/yr. Median home value $316,100.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →