Norwood, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Norwood, MI: Quick Facts & Overview
- Population: 126 residents (24 people per sq. mi.)
- Average House Price: $389,911
- Average Household Income: $68,125
Norwood, MI is located in the state of Michigan. It is home to about 126 people, with around 24 residents living in every square mile.
If you want to buy a house in Norwood, the average price is around $389,911. That makes local housing 76% higher than the Michigan average of $221,733, and 26% higher than the national average of $308,592.
The average household in Norwood earns about $68,125 a year. This income is 7% lower than the average family in Michigan ($73,374), and 13% lower than the national average ($78,686).
Population
126
Median Household Income
$68,125
Median Home Value
$389,911
Median Age
54.5 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $37,500 |
| Labor Force Participation | 61.2% |
| Unemployment Rate | - |
| Average Commute Time | 21.5 mins |
Housing & Community Metrics
| Home Ownership Rate | 94.5% |
| Median Rent | $1,010 |
| Rent Burdened (>30% Income) | 39.6% |
| Total Housing Units | 55 |
Additional Census & Housing Profile
Geographic Overview
| County | Charlevoix |
| County FIPS | 26029 |
| Metro Area (CBSA) | - |
| Population Density | 23.9/sq mi |
| Coordinates (lat/lng) | 45.2239, -85.3791 |
| Timezone | America/Detroit |
| National Ranking | 3 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.77 |
| Dual Income Families | 41.0% |
Marital Status
| Married | 77.6% |
| Never Married | 1.0% |
| Divorced | 9.2% |
| Widowed | 12.2% |
Gender
| Male | 46.8% |
| Female | 53.2% |
Health & Poverty
| Uninsured Rate (Health) | - |
| Poverty Rate | 18.3% |
Key Population Groups
| Veterans | - |
| Disabled Population | 6.3% |
| Limited English Proficiency | - |
All ZIP Codes in Norwood
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 49720 | 9,017 | $77,603 | $294,944 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Ellsworth, MI | 7.7 miles | 265 |
| Eastport, MI | 7.9 miles | 311 |
| Charlevoix, MI | 8.6 miles | 2,392 |
| Ironton, MI | 9.3 miles | 173 |
| Central Lake, MI | 12.1 miles | 1,051 |
| East Jordan, MI | 13 miles | 2,023 |
| Northport, MI | 13.3 miles | 465 |
| Advance, MI | 14.5 miles | 377 |
| Horton Bay, MI | 15.4 miles | 374 |
| Omena, MI | 15.5 miles | 305 |
| Bay Shore, MI | 16.1 miles | 697 |
| Boyne City, MI | 17.8 miles | 3,825 |
| Bellaire, MI | 19.2 miles | 1,008 |
| Petoskey, MI | 21.3 miles | 5,856 |
| Suttons Bay, MI | 21.4 miles | 555 |
| Walloon Lake, MI | 21.6 miles | 294 |
| Elk Rapids, MI | 22.8 miles | 1,624 |
| Boyne Falls, MI | 23 miles | 361 |
| Leland, MI | 23.2 miles | 400 |
| Lake Leelanau, MI | 23.5 miles | 124 |
| Harbor Springs, MI | 23.8 miles | 1,086 |
| Alden, MI | 24.4 miles | 133 |
| Bay View, MI | 24.6 miles | 164 |
| Alba, MI | 26.2 miles | 282 |
| Mancelona, MI | 27.1 miles | 1,476 |
| Rapid City, MI | 27.1 miles | 1,328 |
| Conway, MI | 28.4 miles | 237 |
| Oden, MI | 30.3 miles | 150 |
| Lakes of the North, MI | 31.3 miles | 1,524 |
| Greilickville, MI | 32.1 miles | 1,519 |
| Alanson, MI | 32.5 miles | 834 |
| Traverse City, MI | 34.2 miles | 15,593 |
| Brutus, MI | 34.5 miles | 198 |
| Maple City, MI | 34.5 miles | 183 |
| Manistee Lake, MI | 35.1 miles | 412 |
| Kalkaska, MI | 35.3 miles | 2,539 |
| Vanderbilt, MI | 35.3 miles | 341 |
| Pellston, MI | 36.7 miles | 755 |
| Gaylord, MI | 36.8 miles | 4,357 |
| St. James, MI | 36.8 miles | 269 |
| Glen Arbor, MI | 37.4 miles | 336 |
| Wolverine, MI | 37.8 miles | 265 |
| Indian River, MI | 39.2 miles | 2,039 |
| Chums Corner, MI | 40.2 miles | 1,186 |
| South Boardman, MI | 40.6 miles | 553 |
| Bear Lake, MI | 40.8 miles | 343 |
| Hardwood Acres, MI | 41 miles | 611 |
| Lake Ann, MI | 41.3 miles | 273 |
| Grawn, MI | 41.7 miles | 800 |
| Empire, MI | 43.7 miles | 341 |
| Interlochen, MI | 44 miles | 791 |
| Carp Lake, MI | 44 miles | 380 |
| Kingsley, MI | 44.8 miles | 1,785 |
| Fife Lake, MI | 45 miles | 343 |
| Bendon, MI | 46.3 miles | 315 |
| Mackinaw City, MI | 48.8 miles | 778 |
| Honor, MI | 49.7 miles | 172 |