Norwood Young America, MN

Full City Profile · Minnesota · Carver County County

3.8 /5.0
B+ Good
3,866 Population 1,572/sq mi density
$67,857 Median Income $32,552 per capita
$289,400 Home Value $347,531 Zillow
$1,032 Median Rent 26.7% income on rent
44°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$67,857 median income, 3.8% unemployment
A
Affordability
4.3 / 5.0
$289,400 home value, $1,032/mo rent
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher

Norwood Young America, MN

At a Glance

Median Income
$67,857
10% below
$32,552 per capita
Home Value
$289,400
3% above
Zillow: $347,531
Median Rent
$1,032/mo
11% below
26.7% of income on rent
Bachelor's Degree+
26.1%
23% below
97.1% high school+
Unemployment
3.8%
6% above
7.4% poverty rate
Obesity Rate
34.7%
8% above
15.0% smoking rate
Avg Temperature
44°F

How Norwood Young America Compares to the U.S. Average

Each bar shows Norwood Young America's value as a percentage of the national average (100% = U.S. avg)

Income
90%
Home Value
103%
Rent
89%
Poverty
60%
Bachelor's
77%
Unemployment
106%
Thin vertical line = U.S. national average (100%)

Is Norwood Young America a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Norwood Young America residents earn a median household income of $67,857 , which is 10% below the national average of $75,149. Per capita income is $32,552. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). 7.4% of residents live below the poverty line. The area is home to 2,874 business establishments, including 188 restaurants.

Housing & Cost of Living

The median home value in Norwood Young America is $289,400 , 3% above the national median of $281,900. Zillow estimates the typical home at $347,531. Median rent is $1,032/month, with 26.7% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1986.

Education

26.1% of adults in Norwood Young America hold a bachelor's degree or higher (23% below the national average). 97.1% have completed high school. Local schools score 7.2/10 in standardized testing.

Climate & Weather

Norwood Young America has an average annual temperature of 44°F (7°C). Winters average 13°F in January while summers reach 71°F in July. Annual precipitation totals 32.5 inches.

Data Overview

People

Population3,866
Median Age38.5 yrs
Density1,572/mi²
Male / Female47% / 53%
Foreign Born5.3%
Veterans6.1%

Economy

A
Median Income$67,857
Per Capita$32,552
Unemployment3.8%
Poverty7.4%
County GDP$7,614M
Avg Weekly Wage$1,297

Housing

A
Home Value$289,400
Rent$1,032
Ownership75.9%
Zillow$347,531
Housing Units1,411
Rent Burden26.7%

Health

Obesity34.7%
Diabetes8.3%
Smoking15.0%
Heart Disease5.0%
Premature Death3,990/100K

Climate

Avg Temp44°F
Rain32.5 in/yr
Elevation968 ft

Education

B
Bachelor's+26.1%
High School+97.1%
Graduate+5.1%
School Score7.2/10

Community

2024 VoteR 52% / D 46%
Commute32 min
Broadband90.3%
Internet Speed126 Mbps
EV Stations1
Libraries7

Did You Know?

Norwood Young America was founded in 1997.
The median home in Norwood Young America was built in 1986.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (35 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
17.1% of the population has a disability.
Average internet download speed is 126 Mbps.
There are 188 restaurants in the area.
The county recorded 9 fatal vehicle crashes.