Living in Norwood, Oklahoma
Cost of living, income, home prices, rent and demographics of Norwood · Census data 2020–2024
Norwood has 1,752 residents with a median age of 38.9. The median household income is $88,661 (36% higher than the Oklahoma median), the median home value is $243,000, the median rent is $833/month.
Norwood at a glance
- Population
- 1,752
- Median age
- 38.9State: 37
- Median household income
- $88,661State: $65,039
- Median home value
- $243,000State: $199,800
- Median rent
- $833/moState: $1,014
- Homeowners
- 91.1%
- Bachelor's degree or higher
- 25.3%
- Average commute
- 25 min
Is Norwood a good place to live?
Pros: Median household income 36% higher than the Oklahoma median; unemployment of 0%; a poverty rate of 8.2%.
Cons: Home values 22% higher than the state median; an average commute of 25 minutes.
The weather is best in April–May 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 $243,000, 27% lower than the U.S. median. Renters pay a median of $833 per month, which is 17.4% of household income. Homeowners with a mortgage pay $1,557 a month in housing costs.
Norwood median household income
The median household income in Norwood is $88,661 and the income per person is $36,585. 8.2% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Norwood: homes for sale and rent
- Housing units
- 618
- Owner-occupied
- 91.1%
- Renter-occupied
- 8.9%
- Vacant
- 7.3%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 3.06
Norwood demographics
- Population
- 1,752
- Median age
- 38.9
- Under 18
- 27.5%
- 65 and older
- 10.8%
- Households
- 573
- Foreign-born
- 0.3%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Norwood ›
Education in Norwood
25.3% of adults 25 and older in Norwood have a bachelor's degree or higher (Oklahoma: 28.3%), and 7.5% have a graduate or professional degree.
Jobs and commute in Norwood
- Unemployment rate
- 0%State: 5%
- Average commute
- 25 minState: 22 min
- Work from home
- 3.6%
- Drive alone
- 87.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.9%
Norwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Norwood | 1,752 | $88,661 | $243,000 | $833 |
| Woodall | 1,050 | $58,571 | $221,800 | $883 |
| Hulbert | 444 | $28,750 | $82,500 | $567 |
| Zeb | 522 | $56,058 | $151,600 | $1,156 |
| Mallard Bay | 290 | $49,167 | $104,400 | — |
| Fort Gibson | 3,808 | $68,378 | $181,100 | $739 |
| Shady Grove | 453 | $52,969 | $201,400 | — |
| Okay | 408 | $40,625 | $72,100 | $1,033 |
| Park Hill | 3,237 | $47,064 | $174,400 | $798 |
More for people moving to Norwood
Norwood ZIP code ›Weather and climate ›Living in Norwood: FAQ
What is the median household income in Norwood, OK?
The median household income in Norwood is $88,661, 36% higher than the Oklahoma median of $65,039 (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 $243,000, compared with $199,800 in Oklahoma.
How much is rent in Norwood?
The median gross rent in Norwood is $833 per month, about 17.4% of household income.
Is Norwood, OK a good place to live?
Pluses: median household income 36% higher than the Oklahoma median; unemployment of 0%; a poverty rate of 8.2%. Minuses: home values 22% higher than the state median; an average commute of 25 minutes.
What is the median age in Norwood?
The median age in Norwood is 38.9 years (Oklahoma: 37).
How long is the commute in Norwood?
The average commute to work in Norwood is 25 minutes; 3.6% of workers work from home.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Norwood?
25.3% 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.
Last updated: