Norwood, NJ

Full City Profile · New Jersey · Bronx County County

3.8 /5.0
B+ Good
5,668 Population 2,032/sq mi density
$164,766 Median Income $64,002 per capita
$676,400 Home Value $914,741 Zillow
$2,446 Median Rent 37.1% income on rent
53°F Avg Temperature
34 Violent Crime/100K 323 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$164,766 median income, 1.2% unemployment
A
Affordability
4.4 / 5.0
$676,400 home value, $2,446/mo rent
F
Safety
1.0 / 5.0
34 violent crimes/100K
A+
Education
5.0 / 5.0
60.0% bachelor's degree or higher

Norwood, NJ

At a Glance

Median Income
$164,766
119% above
$64,002 per capita
Home Value
$676,400
140% above
Zillow: $914,741
Median Rent
$2,446/mo
110% above
37.1% of income on rent
Violent Crime
34/100K
91% below
323/100K property
Bachelor's Degree+
60.0%
78% above
97.4% high school+
Unemployment
1.2%
67% below
1.8% poverty rate
Obesity Rate
21.3%
34% below
7.3% 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
219%
Home Value
240%
Rent
210%
Poverty
15%
Bachelor's
178%
Unemployment
33%
Crime
9%
Thin vertical line = U.S. national average (100%)

Is Norwood a Good Place to Live?

B+
3.8 / 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 $164,766 , which is 119% above the national average of $75,149. Per capita income is $64,002. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 1.8% of residents live below the poverty line. The area is home to 20,374 business establishments, including 1,968 restaurants.

Housing & Cost of Living

The median home value in Norwood is $676,400 , 140% above the national median of $281,900. Zillow estimates the typical home at $914,741. Median rent is $2,446/month, with 37.1% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1969.

Safety & Crime

Norwood reports 34 violent crimes per 100,000 residents , which is 91% below the national average of 380/100K. Property crime is 323/100K.

Education

60.0% of adults in Norwood hold a bachelor's degree or higher (78% above the national average). 97.4% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Norwood has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 75°F in July. Annual precipitation totals 47.1 inches.

Data Overview

People

Population5,668
Median Age47.5 yrs
Density2,032/mi²
Male / Female47% / 53%
Foreign Born27.4%
Veterans3.7%

Economy

A+
Median Income$164,766
Per Capita$64,002
Unemployment1.2%
Poverty1.8%
County GDP$58,323M
Avg Weekly Wage$1,359

Housing

A
Home Value$676,400
Rent$2,446
Ownership80.2%
Zillow$914,741
Housing Units2,028
Rent Burden37.1%

Crime

F
Violent34/100K
Property323/100K

Health

Obesity21.3%
Diabetes7.1%
Smoking7.3%
Heart Disease3.6%
Premature Death9,451/100K

Climate

Avg Temp53°F
Rain47.1 in/yr
Elevation26 ft

Education

A+
Bachelor's+60.0%
High School+97.4%
Graduate+22.9%
School Score6.2/10

Community

2024 VoteR 27% / D 73%
Commute34 min
Broadband95.7%
Internet Speed150 Mbps
EV Stations1
Libraries35

Did You Know?

Norwood was founded in 1905.
The median home in Norwood was built in 1969.
21.3% work from home.
The nearest airport is Laguardia (15 miles).
The Gini coefficient (income inequality) is 0.515 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
6.0% of the population has a disability.
27.4% of residents are foreign-born.
Average internet download speed is 150 Mbps.
There are 1,968 restaurants in the area.
The county recorded 53 fatal vehicle crashes.