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Norwalk, WI
Full City Profile · Wisconsin · Monroe County County
3.3
/5.0
B
Good
612
Population
594/sq mi density
$58,750
Median Income
$24,023 per capita
$94,000
Home Value
$190,568 Zillow
$732
Median Rent
22.3% income on rent
45°F
Avg Temperature
260 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$58,750 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$94,000 home value, $732/mo rent
D
Education
1.5 / 5.0
6.8% bachelor's degree or higher
Housing Overview
Median Home Value
$94,000
67% below
US avg: $281,900
Median Rent
$732/mo
37% below
US avg: $1,163/mo
Homeownership Rate
71.4%
9% above US avg (65.4%)
Total Housing Units
244
Median year built: 1973
Home Value by Source
Census Median
$94,000
Zillow (ZHVI)
$190,568
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.4%
Owner-Occupied
28.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent:
$732/mo
Affordability & Housing Stock
Rent Burden
22.3%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
71.4%
Complete Housing Data
Home Values
| Census Median Value | $94,000 |
| Zillow Home Value (ZHVI) | $190,568 |
Rent
| Census Median Rent | $732 |
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
Ownership & Stock
| Owner-Occupied | 71.4% |
| Renter-Occupied | 28.6% |
| Homeownership Rate | 71.4% |
| Total Housing Units | 244 |
| Median Year Built | 1973 |
| Rent Burden | 22.3% |