| ZIP Code | 81423 |
|---|---|
| City | Norwood |
| State | Colorado (CO) |
| County | San Miguel County |
| Area Code | 970 |
| Elevation | 7,765 ft |
| Latitude | 38.009319 |
|---|---|
| Longitude | -108.427263 |
| Timezone | Denver (DST) |
| FIPS | 08113 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.8 yrs ↑ 10% since 2019 |
|---|---|
| Avg Household Size | 2.01 |
| Below Poverty | 8.6% ▼ 14% below avg |
| College Grads | 49.4% ▲ 28% above avg |
| Unemployment | 6.4% ▲ 31% above avg |
| HS Graduate | 342 (29.7%) |
| Some College | 67 (5.8%) |
| Associates | 174 (15.1%) |
| Bachelors | 111 (9.6%) |
| Graduate Degree | 459 (39.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,316 ▼ 20% below avg ↑ 3% since 2019 |
|---|---|
| Median Home Value | $412,000 ▲ 48% above avg ↑ 40% since 2019 |
| Home/Income Ratio | 6.7x (nat avg ~3.5x) |
| Median Rent | $1,265/mo ↑ 18% since 2019 |
| Total Units | 816 |
| Vacant Units | 88 |
| Avg HH Size | 2.01 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 816 |
|---|---|
| Vacant | 88 |
| Owner Occupied | 78.0% |
| Renter Occupied | 22.0% |
| Avg HH Size | 2.01 |
ZIP code 81423 is located in Norwood, Colorado, within San Miguel County. With a population of 1,462, this is a sparsely populated ZIP code with a mature community — the median age is 49.8 years. Economically, 81423 is a solidly middle-class ZIP code: the median household income of $61,316 is below the national average.
Real estate in ZIP code 81423 represents a premium housing market. The median home value of $412,000 is above the national average. Renters can expect to pay around $1,265 per month in median rent. Homeownership is strong here — 78.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 81423 is primarily White (84.20%). Residents are well-educated — 49.4% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 8.6%. Household income has grown by 3% since 2019.
The unemployment rate in 81423 stands at 6.4%, which is above the national average. About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 62%.
Overall, ZIP code 81423 in Norwood, CO is characterized as solidly middle-class, well-educated, a mature community, and predominantly owner-occupied. With 1,462 residents, a median household income of $61,316, and a median home value of $412,000, it offers a clear picture of life in this part of Colorado.