Norwalk, CT 06855 is a vibrant city located in Fairfield County near the Long Island Sound shoreline. The city offers residents a lower cost of living than much of the surrounding area with two bedroom rental rates averaging $2,300 compared to the US average of $1,430. Grocery costs are slightly higher in Norwalk than the US average with an index of 106 versus 100 for the country. Local businesses cater to needs from all walks of life with notable places such as Stew Leonard's grocery stores, Bigelow Tea Company headquarters and Summer School apparel shop. There are also multiple theaters and performing arts centers throughout Norwalk including the Wall Street Theater and Norwalk Concert Hall that provide entertainment from music to theater. The city is also known for its waterfront park featuring a carousel and boardwalk perfect for outdoor adventures. With its prime location on Long Island Sound, there is no shortage of activities in Norwalk making it an ideal location for families and singles alike looking for new home or just a weekend escape.
Norwalk (zip 06855) has an unemployment rate of 8.5%. The US average is 6.0%.
Norwalk (zip 06855) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Norwalk (zip 06855)
- The Sales Tax Rate for Norwalk (zip 06855) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Norwalk (zip 06855) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norwalk (zip 06855)
- The average income of a Norwalk (zip 06855) resident is $52,977 a year. The US average is $37,638 a year.
- The Median household income of a Norwalk (zip 06855) resident is $86,316 a year. The US average is $69,021 a year.