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Norwood, IL

Full City Profile · Illinois · Peoria County County

3.0 /5.0
B Good
501 Population 1,616/sq mi density
$68,750 Median Income $25,646 per capita
$93,500 Home Value $117,391 Zillow
$1,000 Median Rent 18.0% income on rent
53°F Avg Temperature 275 sunny days/yr
340 Violent Crime/100K 3,445 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$68,750 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$93,500 home value, $1,000/mo rent
F
Safety
1.0 / 5.0
340 violent crimes/100K
D
Education
1.5 / 5.0
6.5% bachelor's degree or higher

Change Over Time (2013–2023)

Population Change
-9.3%
475 → 431
over 10 years
Annual Pop. Growth
-0.97%
Compound annual growth rate
Median Income Change
+52.3%
$45,147 → $68,750
nominal, not inflation-adjusted
Annual Income Growth
+4.3%
Compound annual growth rate

Population Over Time

Total population for Norwood across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
403
-28 from 2023 (431)
Projected Median Income 2030
$92,313
+$23,563 from 2023 ($68,750)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 475 $45,147
2015 469 -1.3% $51,250 +13.5%
2017 461 -1.7% $55,000 +7.3%
2019 451 -2.2% $58,750 +6.8%
2021 430 -4.7% $65,750 +11.9%
2023 431 +0.2% $68,750 +4.6%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.