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Norwood, MI

Full City Profile · Michigan · Antrim County County

3.7 /5.0
B+ Good
123 Population 61/sq mi density
$72,500 Median Income $38,837 per capita
$266,100 Home Value $420,579 Zillow
46°F Avg Temperature 270 sunny days/yr
197 Violent Crime/100K 5,039 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$72,500 median income, 0.0% unemployment
A+
Affordability
4.6 / 5.0
$266,100 home value, /mo rent
F
Safety
1.0 / 5.0
197 violent crimes/100K
A+
Education
4.7 / 5.0
46.3% bachelor's degree or higher

Income Overview

Median Household Income
$72,500
4% below
US avg: $75,149
Per Capita Income
$38,837
1% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
7.7%
38% 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
$72,500
96%
Per Capita
US: $39,052
$38,837
99%
IRS Avg AGI
US: $72,000
$79,571
111%
Avg Weekly Wage
US: $1,432
$826
58%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$826
42% below US avg ($1,432)
Mean Commute Time
27 min
4% below US avg (28 min)
Work From Home
16.2%
7% above US avg (15.2%)
Drive Alone
79.4%
8% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$855M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 79.4%
Public Transit 0%
Work From Home 16.2%
Other 4.4%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
599
Restaurants
60
Healthcare
51
Retail
98
Manufacturing
41

Tax & Financial

IRS Avg Adjusted Gross Income
$79,571
11% above US avg ($72,000)
Avg Property Tax
$8,941
155% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$72,500
Per Capita Income$38,837
IRS Avg Adjusted Gross Income$79,571
Avg Weekly Wage$826
County GDP$855M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate7.7%
Gini Coefficient0.428
Cost of Living Index96.2

Commute

Mean Commute27 minutes
Drive Alone79.4%
Public Transit0.0%
Work From Home16.2%

Businesses

Total Establishments599
Restaurants60
Healthcare51
Retail98
Manufacturing41

Tax

IRS Avg AGI$79,571
Avg Property Tax$8,941