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Norwood, NY

Full City Profile · New York · Franklin County County

3.3 /5.0
B Good
1,304 Population 621/sq mi density
$62,500 Median Income $34,341 per capita
$100,600 Home Value $131,958 Zillow
$814 Median Rent 31.4% income on rent
44°F Avg Temperature 251 sunny days/yr
191 Violent Crime/100K 3,949 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,500 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$100,600 home value, $814/mo rent
F
Safety
1.0 / 5.0
191 violent crimes/100K
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)
$131,958
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.1%
Owner-Occupied
27.9%
Renter-Occupied
72%
28%
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)$131,958

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-Occupied72.1%
Renter-Occupied27.9%
Homeownership Rate72.1%
Total Housing Units691
Median Year Built1938
Rent Burden31.4%