Norwalk is a somewhat small city located in the state of Iowa. With a population of 14,177 people and two associated neighborhoods, Norwalk is the 32nd largest community in Iowa. Norwalk has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Norwalk, where the median household income is $94,176.00.

Norwalk real estate is some of the most expensive in Iowa, although Norwalk house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Norwalk has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.74% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Norwalk is a great place for families with children to consider. First of all, many other families with children live here, making Norwalk a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Norwalk has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Norwalk’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

Being a small city, Norwalk does not have a public transit system used by locals to get to and from work.

The population of Norwalk is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 39.05% of adults in Norwalk have a bachelor's degree or even advanced degree.

The per capita income in Norwalk in 2022 was $45,995, which is wealthy relative to Iowa and the nation. This equates to an annual income of $183,980 for a family of four.

The people who call Norwalk home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Norwalk residents report their race to be White, followed by Black or African-American. Important ancestries of people in Norwalk include German, English, Irish, Norwegian, and Italian.

The most common language spoken in Norwalk is English. Other important languages spoken here include Polish and Spanish.