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Norwood, NC
Full City Profile · North Carolina · Stanly County County
Norwood, NC
At a Glance
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)
Is Norwood a Good Place to Live?
Economy & Jobs
Norwood residents earn a median household income of $57,953 , which is 23% below the national average of $75,149. Per capita income is $29,228. The unemployment rate stands at 3.5% (3% below the U.S. rate of 3.6%). 5.0% of residents live below the poverty line. The area is home to 1,703 business establishments, including 130 restaurants.
Housing & Cost of Living
The median home value in Norwood is $178,900 , 37% below the national median of $281,900. Zillow estimates the typical home at $279,411. Median rent is $891/month, with 25.7% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1963.
Safety & Crime
Norwood reports 586 violent crimes per 100,000 residents , which is 54% above the national average of 380/100K. Property crime is 4,877/100K.
Education
19.5% of adults in Norwood hold a bachelor's degree or higher (42% below the national average). 85.9% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Norwood has an average annual temperature of 60°F (16°C). Winters average 41°F in January while summers reach 79°F in July. The area gets 310 sunny days per year. Annual precipitation totals 48.3 inches. Air quality is rated Good with a median AQI of 40.