Living in Norwood, Ohio
Cost of living, income, home prices, rent and demographics of Norwood · Census data 2020–2024
Norwood has 19,114 residents with a median age of 32.8. The median household income is $71,611 (about the same as the Ohio median), the median home value is $258,700, the median rent is $981/month.
Norwood at a glance
- Population
- 19,114
- Median age
- 32.8State: 39.7
- Median household income
- $71,611State: $71,389
- Median home value
- $258,700State: $214,800
- Median rent
- $981/moState: $1,034
- Homeowners
- 47.5%
- Bachelor's degree or higher
- 41.3%
- Average commute
- 22 min
Is Norwood a good place to live?
Pros: Median household income about the same as the Ohio median; an average commute of 22 minutes; unemployment of 4.6%.
Cons: Home values 20% higher than the state median; a poverty rate of 17.5%.
The weather is best in May–June and August–September.
Cost of living in Norwood
Housing is the biggest part of the cost of living. In Norwood the median home value is $258,700, 22% lower than the U.S. median. Renters pay a median of $981 per month, which is 29.6% of household income. Homeowners with a mortgage pay $1,683 a month in housing costs.
Norwood median household income
The median household income in Norwood is $71,611 and the income per person is $43,110. 17.5% of residents live below the poverty line (Ohio: 13.3%).
Housing in Norwood: homes for sale and rent
- Housing units
- 10,084
- Owner-occupied
- 47.5%
- Renter-occupied
- 52.5%
- Vacant
- 11.8%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.12
Norwood demographics
- Population
- 19,114
- Median age
- 32.8
- Under 18
- 19.4%
- 65 and older
- 12.2%
- Households
- 8,899
- Foreign-born
- 4.2%
- Veterans
- 4.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Norwood ›
Education in Norwood
41.3% of adults 25 and older in Norwood have a bachelor's degree or higher (Ohio: 31.5%), and 16.1% have a graduate or professional degree.
Jobs and commute in Norwood
- Unemployment rate
- 4.6%State: 4.8%
- Average commute
- 22 minState: 23 min
- Work from home
- 15.9%
- Drive alone
- 69.8%
- Public transit
- 3.1%
- Walk to work
- 3.4%
- Homes with broadband
- 89.2%
Norwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Norwood | 19,114 | $71,611 | $258,700 | $981 |
| Golf Manor | 3,782 | $44,948 | $157,300 | $798 |
| Ridgewood | 380 | $146,797 | $299,500 | — |
| St. Bernard | 3,983 | $67,083 | $162,700 | $923 |
| Elmwood Place | 2,466 | $44,692 | $69,900 | $1,067 |
| Cincinnati | 311,224 | $52,909 | $230,900 | $1,001 |
| Fairfax | 1,566 | $75,000 | $245,900 | $1,229 |
| Amberley | 3,826 | $154,688 | $515,400 | — |
| Dayton | 5,743 | $65,992 | $163,500 | $1,137 |
More for people moving to Norwood
Norwood ZIP code ›Weather and climate ›Living in Norwood: FAQ
What is the median household income in Norwood, OH?
The median household income in Norwood is $71,611, about the same as the Ohio median of $71,389 (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 $258,700, compared with $214,800 in Ohio.
How much is rent in Norwood?
The median gross rent in Norwood is $981 per month, about 29.6% of household income.
Is Norwood, OH a good place to live?
Pluses: median household income about the same as the Ohio median; an average commute of 22 minutes; unemployment of 4.6%. Minuses: home values 20% higher than the state median; a poverty rate of 17.5%.
What is the median age in Norwood?
The median age in Norwood is 32.8 years (Ohio: 39.7).
How long is the commute in Norwood?
The average commute to work in Norwood is 22 minutes; 15.9% of workers work from home.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Norwood?
41.3% 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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