Norwood, CO
Full City Profile · Colorado · San Miguel County County
2.9
/5.0
C+
Fair
565
Population
1,614/sq mi density
$56,324
Median Income
$32,821 per capita
$341,800
Home Value
$453,070 Zillow
$1,357
Median Rent
31.5% income on rent
47°F
Avg Temperature
330 sunny days/yr
72
Violent Crime/100K
1,232 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$56,324 median income, 7.8% unemployment
B
Affordability
3.2 / 5.0
$341,800 home value, $1,357/mo rent
F
Safety
1.0 / 5.0
72 violent crimes/100K
A
Education
4.1 / 5.0
38.9% bachelor's degree or higher
Income Overview
Median Household Income
$56,324
25% below
US avg: $75,149
Per Capita Income
$32,821
16% below
US avg: $39,052
Unemployment Rate
7.8%
117% above
US avg: 3.6%
Poverty Rate
8.7%
30% below
US avg: 12.4%
Income Comparison: Norwood vs. U.S. Average
Each bar shows Norwood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$56,324
75%
Per Capita
US: $39,052
$32,821
84%
IRS Avg AGI
US: $72,000
$191,856
266%
Avg Weekly Wage
US: $1,432
$1,129
79%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,129
21% below US avg ($1,432)
Mean Commute Time
34 min
24% above US avg (28 min)
Work From Home
12.9%
15% below US avg (15.2%)
Drive Alone
57.4%
22% below US avg (73.2%)
Public Transit
4.6%
8% below US avg (5.0%)
County GDP
$1,081M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
57.4%
Public Transit
4.6%
Work From Home
12.9%
Other
25.1%
Average commute time
34 minutes
US avg: 28 min
Business Landscape
Total Establishments
805
Restaurants
81
Healthcare
34
Retail
93
Manufacturing
14
Tax & Financial
IRS Avg Adjusted Gross Income
$191,856
166% above US avg ($72,000)
Avg Property Tax
$9,415
169% above US avg ($3,500)
Cost of Living Index
103.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $56,324 |
| Per Capita Income | $32,821 |
| IRS Avg Adjusted Gross Income | $191,856 |
| Avg Weekly Wage | $1,129 |
| County GDP | $1,081M |
Hardship Indicators
| Unemployment Rate | 7.8% |
| Poverty Rate | 8.7% |
| Gini Coefficient | 0.517 |
| Cost of Living Index | 103.1 |
Commute
| Mean Commute | 34 minutes |
| Drive Alone | 57.4% |
| Public Transit | 4.6% |
| Work From Home | 12.9% |
Businesses
| Total Establishments | 805 |
| Restaurants | 81 |
| Healthcare | 34 |
| Retail | 93 |
| Manufacturing | 14 |
Tax
| IRS Avg AGI | $191,856 |
| Avg Property Tax | $9,415 |
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