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Norwood, PA

Full City Profile · Pennsylvania · Delaware County County

3.3 /5.0
B Good
5,915 Population 7,583/sq mi density
$89,135 Median Income $38,232 per capita
$227,500 Home Value $279,605 Zillow
$1,247 Median Rent 49.1% income on rent
56°F Avg Temperature 293 sunny days/yr
119 Violent Crime/100K 932 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$89,135 median income, 5.4% unemployment
A+
Affordability
5.0 / 5.0
$227,500 home value, $1,247/mo rent
F
Safety
1.0 / 5.0
119 violent crimes/100K
B
Education
3.1 / 5.0
26.2% bachelor's degree or higher

Housing Overview

Median Home Value
$227,500
19% below
US avg: $281,900
Median Rent
$1,247/mo
7% above
US avg: $1,163/mo
Homeownership Rate
73.5%
12% above US avg (65.4%)
Total Housing Units
2,520
Median year built: 1949

Home Value by Source

Census Median
$227,500
Zillow (ZHVI)
$279,605
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.5%
Owner-Occupied
26.5%
Renter-Occupied
74%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent: $1,247/mo

Affordability & Housing Stock

Rent Burden
49.1%
of renters spending 30%+ of income on housing
58% above US avg (31.0%)
Median Year Built
1949
Average age of housing stock: 77 years
Homeownership Rate
73.5%

Complete Housing Data

Home Values

Census Median Value$227,500
Zillow Home Value (ZHVI)$279,605

Rent

Census Median Rent$1,247
FMR Studio$900
FMR 1-Bedroom$996
FMR 2-Bedroom$1,225
FMR 3-Bedroom$1,570
FMR 4-Bedroom$1,744

Market

Ownership & Stock

Owner-Occupied73.5%
Renter-Occupied26.5%
Homeownership Rate73.5%
Total Housing Units2,520
Median Year Built1949
Rent Burden49.1%