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Norway, IN
Full City Profile · Indiana · White County County
2.5
/5.0
C+
Fair
307
Population
345/sq mi density
$41,375
Median Income
$23,990 per capita
$95,000
Home Value
$230,935 Zillow
50°F
Avg Temperature
275 sunny days/yr
173
Violent Crime/100K
2,078 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$41,375 median income, 6.6% unemployment
A+
Affordability
5.0 / 5.0
$95,000 home value, /mo rent
F
Safety
1.0 / 5.0
173 violent crimes/100K
D
Education
1.6 / 5.0
6.9% bachelor's degree or higher
Housing Overview
Median Home Value
$95,000
66% below
US avg: $281,900
Homeownership Rate
97.0%
48% above US avg (65.4%)
Total Housing Units
194
Median year built: 1945
Home Value by Source
Census Median
$95,000
Zillow (ZHVI)
$230,935
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
97.0%
Owner-Occupied
3.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Affordability & Housing Stock
Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1945
Average age of housing stock: 81 years
Homeownership Rate
97.0%
Complete Housing Data
Home Values
| Census Median Value | $95,000 |
| Zillow Home Value (ZHVI) | $230,935 |
Rent
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 97.0% |
| Renter-Occupied | 3.0% |
| Homeownership Rate | 97.0% |
| Total Housing Units | 194 |
| Median Year Built | 1945 |
| Rent Burden | 27.0% |