Norwood, KY

Kentucky · Metropolitan Area

Norwood is a small town in Kentucky with a population of 395. Residents earn $106,667 per year, which is 42% above the national average.

4.9 /5.0
A+ Excellent
395 Population 3,292/sq mi density
$106,667 Median Income $59,030 per capita
$347,400 Home Value
$1,798 Median Rent
58°F Avg Temperature
A+
Overall
4.9 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$106,667 median income, 3.1% unemployment
A+
Affordability
4.9 / 5.0
$347,400 home value, $1,798/mo rent
A+
Education
5.0 / 5.0
66.3% bachelor's degree or higher
Median Income $106,667
42% higher than US avg
Home Value $347,400
23% higher than US avg
Bachelor's+ 66.3%
97% higher than US avg
Median Rent $1,798
55% higher than US avg
Unemployment 3.1%
14% lower than US avg
Poverty Rate 4.0%
68% lower than US avg

How Norwood Compares to the U.S. Average (100% = U.S. avg)

People

Population395
Median Age42.9 yrs
Density3,292/mi²
Male / Female54% / 46%
Largest GroupWhite 85%

Economy

A+
Median Income$106,667
Per Capita$59,030
Unemployment3.1%
Poverty4.0%
County GDP$78,803M
Commute16 min

Housing

A+
Home Value$347,400
Rent$1,798
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp58°F
AQI41 (Good)
Rain48.1 in/yr
Elevation550 ft

Education

A+
Bachelor's+66.3%
High School+99.3%
School Score5.50

Community

2024 VoteR 41% / D 57%
Commute16 min
Libraries18

Is Norwood a Good Place to Live?

Based on current data, Norwood receives an overall livability score of 4.9 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Norwood stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Norwood is $106,667, which is significantly higher than the national average — 42% above $75,149. This places Norwood among higher-income communities. Unemployment stands at 3.1%, indicating a healthy job market. Only 4.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 16 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Norwood is $347,400, 23% above the national median. Renters pay a median of $1,798 per month, significantly above the national average of $1,163. A price-to-income ratio of 3.3x indicates a reasonably affordable housing market.

Education

Norwood is a highly educated community — 66.3% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 99.3% have completed high school. Area schools have an average test score of 5.5/10.

Climate & Weather

Norwood enjoys a moderate climate with an average annual temperature of 58°F. Winters average 35°F in January while summers reach 79°F in July. Annual precipitation totals 48.1 inches. Air quality is rated Good with a median AQI of 41.

Norwood has a population of 395 with a density of 3,292 people per square mile. The median age is 42.9 years, 10% older than the national median of 38.9. The city is predominantly White (85.1%), with 10.1% Black.

Population

395
Total Population
3,292
People / sq mi
42.9yrs
Median Age
10% above US avg
0.1mi²
Land Area

Gender Distribution

Male 54.2%
Female 45.8%

Race & Ethnicity

Norwood vs U.S. Average

Language Spoken at Home

English Only95.7%
22% above US avg
Spanish4.3%
68% below US avg

Social Characteristics

Norwood vs U.S. Average

The median household income in Norwood is $106,667, which is 42% above the national average of $75,149. The unemployment rate is 3.1% (below the 3.6% US average). 4.0% of residents live below the poverty line. Workers commute an average of 16 minutes.

Income: Norwood vs U.S.

Commute Mode

Income

Median HH Income$106,667
42% above US avg
Per Capita Income$59,030
Avg Weekly Wage$1,371
IRS Avg AGI$79,007

Employment & Poverty

Unemployment3.1%
14% below US avg
Poverty Rate4.0%
68% below US avg
Establishments (County)33,844
County GDP$78,803M

Business (County)

Restaurants1,860
Healthcare2,672
Retail2,571
Manufacturing675

Tax & Cost of Living

Property Tax (IRS)$5,192
48% above US avg
Effective Tax Rate1.49%

Commute & Transportation

Commute Time15.6 min
Work from Home14.4%

Walkability

The median home value in Norwood is $347,400, 23% above the national average. Monthly rent averages $1,798 (55% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$347,400
23% above US avg

Real Estate Market (Redfin)

$/Sq Ft$165
Homes Sold1
Sale-to-List Ratio96.9%
Price Drops0.0%

Rental Costs

Census Median Rent$1,798
55% above US avg

HUD Fair Market Rent

Studio$719
1 Bedroom$794
2 Bedrooms$984
3 Bedrooms$1,277
4 Bedrooms$1,442

Ownership & Property

Owner-Occupied82.9%

Property Tax

Avg Tax (IRS)$5,192
48% above US avg
Effective Rate1.49%

Health Metrics: Norwood vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate98.2%
Premature Death12,652/100K

Food & Exercise

Food Environment8.0/10
Exercise Access91.3%
Healthcare Facilities2,672

Crime Rates: Norwood vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)123

Safety Score

Norwood has an average annual temperature of 58°F (14°C). Winters average 35°F in January while summers reach 79°F in July. Annual precipitation is 48.1 inches. Air quality is rated Good with a median AQI of 41.

Temperature

35°F Jan (2°C) 79°F Jul (26°C)
Annual Average57.8°F
7% above US avg
January Average35°F (2°C)
July Average79°F (26°C)

Precipitation & Snow

Annual Rainfall48.1 inches
27% above US avg

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation550 ft (168 m)
Area0.1 sq mi (0.3 km²)
Population Density3,292/sq mi
Coordinates38.2522°N, 85.6109°W
County FIPS21111
It is classified as Metro — 1 million+. 66.3% of residents hold a bachelor's degree or higher (97% above US avg). In the 2024 election, the county voted Democrat by a 16.6-point margin.

2024 Presidential Election (County)

R 40.9%
D 57.4%

Winner: Democrat by 16.6 points

Education

Bachelor's Degree+66.3%
97% above US avg
High School+99.3%
School Test Score5.50
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density3,292/sq mi
Total Area0.1 sq mi

Infrastructure & Services

Public Libraries18
Healthcare Facilities2,672
Restaurants1,860
Retail Stores2,571

Safety & Disasters

Fatal Crashes (County/yr)123

Commute & Transportation

Avg Commute15.6 min
Work from Home14.4%

Nearby Cities

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