Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.8 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $412,000 ▲ 48% above avg |
| Home/Income Ratio | 6.7x (nat avg ~3.5x) |
| Median Rent | $1,265/mo |
| Total Housing Units | 816 |
| Vacant Units | 88 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Norwood is a city in Colorado, located in San Miguel County. The city spans 1 ZIP code and is home to approximately 1,462 residents. It is a mature city, with a median age of 49.8 years.
Economically, Norwood is a solidly middle-class community. The median household income of $61,316 is below the national average. Approximately 8.6% of residents live below the poverty line. The unemployment rate is 6.4%, above the national average.
The real estate market in Norwood is a premium housing market. Median home values stand at $412,000, which is above the national average. Renters typically pay around $1,265 per month. Homeownership is high at 78.0%, typical of suburban and family-oriented communities.
The population of Norwood is well-educated. 49.4% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (84.2%).
Norwood, CO offers residents a cost-conscious lifestyle within Colorado.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 81423 | 1,462 | $61,316 | $412,000 | $1,265 | 6.4% | 49.4% | 78.0% |