Living in Norwood, Missouri
Cost of living, income, home prices, rent and demographics of Norwood · Census data 2020–2024
Norwood has 681 residents with a median age of 29.3. The median household income is $34,783 (51% lower than the Missouri median), the median home value is $133,200, the median rent is $617/month.
Norwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Norwood at a glance
- Population
- 681
- Median age
- 29.3State: 39
- Median household income
- $34,783State: $70,702
- Median home value
- $133,200State: $230,300
- Median rent
- $617/moState: $1,033
- Homeowners
- 53%
- Bachelor's degree or higher
- 17.2%
- Average commute
- 26 min
Is Norwood a good place to live?
Pros: Home values 42% lower than the state median.
Cons: Median household income 51% lower than the Missouri median; an average commute of 26 minutes; unemployment of 5.5%; a poverty rate of 33.5%.
The weather is best in May–June and September–October.
Cost of living in Norwood
Housing is the biggest part of the cost of living. In Norwood the median home value is $133,200, 60% lower than the U.S. median. Renters pay a median of $617 per month, which is 24.8% of household income. Homeowners with a mortgage pay $890 a month in housing costs.
Norwood median household income
The median household income in Norwood is $34,783 and the income per person is $24,259. 33.5% of residents live below the poverty line (Missouri: 12.6%).
Housing in Norwood: homes for sale and rent
- Housing units
- 272
- Owner-occupied
- 53%
- Renter-occupied
- 47%
- Vacant
- 14.7%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.92
Norwood demographics
- Population
- 681
- Median age
- 29.3
- Under 18
- 33.3%
- 65 and older
- 14.4%
- Households
- 232
- Foreign-born
- 1.5%
- Veterans
- 13.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Norwood ›
Education in Norwood
17.2% of adults 25 and older in Norwood have a bachelor's degree or higher (Missouri: 32.4%), and 6.8% have a graduate or professional degree.
Jobs and commute in Norwood
- Unemployment rate
- 5.5%State: 4%
- Average commute
- 26 minState: 24 min
- Work from home
- 4.6%
- Drive alone
- 78.8%
- Public transit
- 0%
- Walk to work
- 2.9%
- Homes with broadband
- 81%
Norwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Norwood | 681 | $34,783 | $133,200 | $617 |
| Mountain Grove | 4,491 | $37,415 | $87,200 | $839 |
| Mansfield | 1,524 | $29,773 | $94,800 | $458 |
| Hartville | 610 | $20,673 | $110,600 | $388 |
| Ava | 3,045 | $42,500 | $148,000 | $696 |
| Cabool | 2,348 | $33,929 | $130,000 | $475 |
| Seymour | 2,179 | $51,591 | $116,900 | $731 |
| Diggins | 269 | $76,667 | $170,800 | $640 |
| Willow Springs | 2,279 | $41,406 | $135,400 | $634 |
More for people moving to Norwood
Norwood ZIP code ›Weather and climate ›Living in Norwood: FAQ
What is the median household income in Norwood, MO?
The median household income in Norwood is $34,783, 51% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Norwood?
The median home value in Norwood is $133,200, compared with $230,300 in Missouri.
How much is rent in Norwood?
The median gross rent in Norwood is $617 per month, about 24.8% of household income.
Is Norwood, MO a good place to live?
Pluses: home values 42% lower than the state median. Minuses: median household income 51% lower than the Missouri median; an average commute of 26 minutes; unemployment of 5.5%; a poverty rate of 33.5%.
What is the median age in Norwood?
The median age in Norwood is 29.3 years (Missouri: 39).
How long is the commute in Norwood?
The average commute to work in Norwood is 26 minutes; 4.6% of workers work from home.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Norwood?
17.2% of adults in Norwood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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