Norwood, IL

Full City Profile · Illinois · Peoria County County

3.6 /5.0
B+ Good
501 Population 1,616/sq mi density
$68,750 Median Income $25,646 per capita
$93,500 Home Value $135,855 Zillow
$1,000 Median Rent 18.0% income on rent
53°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$68,750 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$93,500 home value, $1,000/mo rent
D
Education
1.5 / 5.0
6.5% bachelor's degree or higher

Norwood, IL

At a Glance

Median Income
$68,750
9% below
$25,646 per capita
Home Value
$93,500
67% below
Zillow: $135,855
Median Rent
$1,000/mo
14% below
18.0% of income on rent
Bachelor's Degree+
6.5%
81% below
90.1% high school+
Unemployment
2.3%
36% below
7.6% poverty rate
Obesity Rate
35.8%
12% above
18.0% smoking rate
Avg Temperature
53°F

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)

Income
91%
Home Value
33%
Rent
86%
Poverty
61%
Bachelor's
19%
Unemployment
64%
Thin vertical line = U.S. national average (100%)

Is Norwood a Good Place to Live?

B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Norwood residents earn a median household income of $68,750 , which is 9% below the national average of $75,149. Per capita income is $25,646. The unemployment rate stands at 2.3% (36% below the U.S. rate of 3.6%). 7.6% of residents live below the poverty line. The area is home to 3,972 business establishments, including 468 restaurants.

Housing & Cost of Living

The median home value in Norwood is $93,500 , 67% below the national median of $281,900. Zillow estimates the typical home at $135,855. Median rent is $1,000/month, with 18.0% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1955.

Education

6.5% of adults in Norwood hold a bachelor's degree or higher (81% below the national average). 90.1% have completed high school. Local schools score 5.2/10 in standardized testing.

Climate & Weather

Norwood has an average annual temperature of 53°F (12°C). Winters average 26°F in January while summers reach 76°F in July. Annual precipitation totals 37.6 inches. Air quality is rated Good with a median AQI of 44.

Data Overview

People

Population501
Median Age37.5 yrs
Density1,616/mi²
Male / Female53% / 47%
Foreign Born1.0%
Veterans7.6%

Economy

A
Median Income$68,750
Per Capita$25,646
Unemployment2.3%
Poverty7.6%
County GDP$16,966M
Avg Weekly Wage$1,438

Housing

A+
Home Value$93,500
Rent$1,000
Ownership88.1%
Zillow$135,855
Housing Units206
Rent Burden18.0%

Health

Obesity35.8%
Diabetes10.8%
Smoking18.0%
Heart Disease6.0%
Premature Death10,362/100K

Climate

Avg Temp53°F
Rain37.6 in/yr
AQI44 (Good)
Elevation683 ft

Education

D
Bachelor's+6.5%
High School+90.1%
Graduate+2.9%
School Score5.2/10

Community

2024 VoteR 47% / D 52%
Commute29 min
Broadband91.0%
Internet Speed101 Mbps
EV Stations2
Libraries13

Did You Know?

The median home in Norwood was built in 1955.
21.9% work from home.
The nearest airport is General Downing - Peoria International (3 miles).
The Gini coefficient (income inequality) is 0.492 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
15.4% of the population has a disability.
Average internet download speed is 101 Mbps.
There are 468 restaurants in the area.
The county recorded 20 fatal vehicle crashes.