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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 Rate0.7%
Poverty Rate1.8%
Gini Coefficient0.515
Cost of Living Index108.8

Commute

Mean Commute34 minutes
Drive Alone60.9%
Public Transit4.5%
Work From Home21.3%

Businesses

Total Establishments20,374
Restaurants1,968
Healthcare2,710
Retail3,923
Manufacturing268

Tax

IRS Avg AGI$44,173
Avg Property Tax$5,451