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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 Rate7.8%
Poverty Rate8.7%
Gini Coefficient0.517
Cost of Living Index103.1

Commute

Mean Commute34 minutes
Drive Alone57.4%
Public Transit4.6%
Work From Home12.9%

Businesses

Total Establishments805
Restaurants81
Healthcare34
Retail93
Manufacturing14

Tax

IRS Avg AGI$191,856
Avg Property Tax$9,415