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
$872,831 Zillow
$2,446
Median Rent
37.1% income on rent
56°F
Avg Temperature
275 sunny days/yr
17
Violent Crime/100K
327 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, 0.7% unemployment
A
Affordability
4.4 / 5.0
$676,400 home value, $2,446/mo rent
F
Safety
1.0 / 5.0
17 violent crimes/100K
A+
Education
5.0 / 5.0
60.0% bachelor's degree or higher
Income Overview
Median Household Income
$164,766
119% above
US avg: $75,149
Per Capita Income
$64,002
64% above
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
1.8%
85% 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
$164,766
219%
Per Capita
US: $39,052
$64,002
164%
IRS Avg AGI
US: $72,000
$44,173
61%
Avg Weekly Wage
US: $1,432
$1,359
95%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,359
5% below US avg ($1,432)
Mean Commute Time
34 min
22% above US avg (28 min)
Work From Home
21.3%
40% above US avg (15.2%)
Drive Alone
60.9%
17% below US avg (73.2%)
Public Transit
4.5%
10% below US avg (5.0%)
County GDP
$58,323M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
60.9%
Public Transit
4.5%
Work From Home
21.3%
Other
13.3%
Average commute time
34 minutes
US avg: 28 min
Business Landscape
Total Establishments
20,374
Restaurants
1,968
Healthcare
2,710
Retail
3,923
Manufacturing
268
Tax & Financial
IRS Avg Adjusted Gross Income
$44,173
39% below US avg ($72,000)
Avg Property Tax
$5,451
56% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $164,766 |
| Per Capita Income | $64,002 |
| IRS Avg Adjusted Gross Income | $44,173 |
| Avg Weekly Wage | $1,359 |
| County GDP | $58,323M |
Hardship Indicators
| Unemployment Rate | 0.7% |
| Poverty Rate | 1.8% |
| Gini Coefficient | 0.515 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 34 minutes |
| Drive Alone | 60.9% |
| Public Transit | 4.5% |
| Work From Home | 21.3% |
Businesses
| Total Establishments | 20,374 |
| Restaurants | 1,968 |
| Healthcare | 2,710 |
| Retail | 3,923 |
| Manufacturing | 268 |
Tax
| IRS Avg AGI | $44,173 |
| Avg Property Tax | $5,451 |
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