Norwood, CO
Full City Profile · Colorado · San Miguel County County
Norwood, CO
At a Glance
How Norwood Compares to the U.S. Average
Each bar shows Norwood's value as a percentage of the national average (100% = U.S. avg)
Is Norwood a Good Place to Live?
Economy & Jobs
Norwood residents earn a median household income of $56,324 , which is 25% below the national average of $75,149. Per capita income is $32,821. The unemployment rate stands at 9.8% (172% above the U.S. rate of 3.6%). 8.7% of residents live below the poverty line. The area is home to 805 business establishments, including 81 restaurants.
Housing & Cost of Living
The median home value in Norwood is $341,800 , 21% above the national median of $281,900. Zillow estimates the typical home at $452,780. Median rent is $1,357/month, with 31.5% of renters spending more than 30% of income on housing. The cost of living index is 103.1 (100 = national average). The median home was built in 1980.
Education
38.9% of adults in Norwood hold a bachelor's degree or higher (15% above the national average). 93.1% have completed high school. Local schools score 6.8/10 in standardized testing.
Climate & Weather
Norwood has an average annual temperature of 47°F (8°C). Winters average 26°F in January while summers reach 69°F in July. Annual precipitation totals 15.8 inches. Air quality is rated Good with a median AQI of 19.