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Norwalk-La Mirada

Learn about the people, housing, costs and businesses in Norwalk-La Mirada, California

Median Home$607,255
Median Rent$2,001/month
Population140,527
Leading IndustriesFinance & Insurance · Information & Media · Transportation7% finance & insurance
Home Value Growth⬆⬆+11.5% over 2 years
Young Adults29% of residentsslightly above average
Homeowners72% of occupied units
NotableHigh Incomes$98k/year · top 16% nationally
Norwalk-La Mirada
CA

Explore Norwalk-La Mirada

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Norwalk-La Mirada?

As of today, the 30-year fixed mortgage rate for Norwalk-La Mirada is approximately 6.822% (6.855% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Norwalk-La Mirada
What is the median home price in Norwalk-La Mirada?

The median home value in Norwalk-La Mirada is $607k. The median monthly rent is $2,001. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Norwalk-La Mirada?

Home values in Norwalk-La Mirada have increased 11.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Norwalk-La Mirada?

Based on a typical all-in ownership cost of $1,912/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Norwalk-La Mirada is $98k/year.

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What industries drive the economy in Norwalk-La Mirada?

The largest employment sectors in Norwalk-La Mirada are public administration (24%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.