Norwood, NY
Full City Profile · New York · Franklin County County
4.0
/5.0
A
Great
1,304
Population
621/sq mi density
$62,500
Median Income
$34,341 per capita
$100,600
Home Value
$152,663 Zillow
$814
Median Rent
31.4% income on rent
45°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
B+
Economy
3.9 / 5.0
$62,500 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$100,600 home value, $814/mo rent
C+
Education
3.0 / 5.0
24.9% bachelor's degree or higher
Housing Overview
Median Home Value
$100,600
64% below
US avg: $281,900
Median Rent
$814/mo
30% below
US avg: $1,163/mo
Homeownership Rate
72.1%
10% above US avg (65.4%)
Total Housing Units
691
Median year built: 1938
Home Value by Source
Census Median
$100,600
Zillow (ZHVI)
$152,663
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.1%
Owner-Occupied
27.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent:
$814/mo
Affordability & Housing Stock
Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
72.1%
Complete Housing Data
Home Values
| Census Median Value | $100,600 |
| Zillow Home Value (ZHVI) | $152,663 |
Rent
| Census Median Rent | $814 |
| FMR Studio | $1,215 |
| FMR 1-Bedroom | $1,315 |
| FMR 2-Bedroom | $1,579 |
| FMR 3-Bedroom | $1,976 |
| FMR 4-Bedroom | $2,193 |
Market
Ownership & Stock
| Owner-Occupied | 72.1% |
| Renter-Occupied | 27.9% |
| Homeownership Rate | 72.1% |
| Total Housing Units | 691 |
| Median Year Built | 1938 |
| Rent Burden | 31.4% |