Gender
In Norwalk, the population consists of 45,238 males (49.81%) and 45,583 females (50.19%). Here are the primary highlights from the gender-based income distribution analysis:
- In Norwalk, the median income for all workers aged 15 years and older, regardless of work hours, was $51,021 for males and $36,563 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $73,243 for males and $77,603 for females.
- In Norwalk, the median income for all workers aged 15 years and older, regardless of work hours, was $51,021 for males and $36,563 for females.
- In Norwalk, among full-time, year-round workers aged 15 years and older, males earned a median income of $73,243, while females earned $77,603
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Race
In Norwalk, the population is predominantly White, constituting 65.51% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $118,982.
- In Norwalk, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $137,855. This reveals that, while Whites may be the most numerous in Norwalk, Asian households experience greater economic prosperity in terms of median household income.
- In Norwalk, the median household income for the households where the householder is White increased by $24,863(26.42%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $94,119 in 2012 and $118,982 in 2022.
- In Norwalk, the median household income for the households where the householder is Black or African American increased by $65,704(99.22%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $66,218 in 2012 and $131,922 in 2022.
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Year by year
Norwalk, CT median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Norwalk decreased by $3,931 (3.83%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2015 to 2016, when the median household income increased by 3,565 (from $95,377 to $98,942). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 3,247 (from $99,878 to $96,631).
- It then further increased to $144,854 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4844, it is evident that income distribution in Norwalk, CT exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $135,024. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $64,016.
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