Norwood, CO
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Norwood, CO: Quick Facts & Overview
- Population: 381 residents (537 people per sq. mi.)
- Average House Price: $334,412
- Average Household Income: $57,417
Norwood, CO is located in the state of Colorado. It is home to about 381 people, with around 537 residents living in every square mile.
If you want to buy a house in Norwood, the average price is around $334,412. That makes local housing 33% lower than the Colorado average of $498,830, and 8% higher than the national average of $308,592.
The average household in Norwood earns about $57,417 a year. This income is 35% lower than the average family in Colorado ($88,479), and 27% lower than the national average ($78,686).
Population
381
Median Household Income
$57,417
Median Home Value
$334,412
Median Age
41.0 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $35,227 |
| Labor Force Participation | 82.3% |
| Unemployment Rate | 5.5% |
| Average Commute Time | 32.2 mins |
Housing & Community Metrics
| Home Ownership Rate | 61.5% |
| Median Rent | $1,618 |
| Rent Burdened (>30% Income) | 25.1% |
| Total Housing Units | 213 |
Additional Census & Housing Profile
Geographic Overview
| County | San Miguel |
| County FIPS | 08113 |
| Metro Area (CBSA) | - |
| Population Density | 537.0/sq mi |
| Coordinates (lat/lng) | 38.1290, -108.2919 |
| Timezone | America/Denver |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.38 |
| Dual Income Families | 60.4% |
Marital Status
| Married | 54.2% |
| Never Married | 18.3% |
| Divorced | 27.2% |
| Widowed | 0.3% |
Gender
| Male | 47.8% |
| Female | 52.2% |
Health & Poverty
| Uninsured Rate (Health) | 16.0% |
| Poverty Rate | 13.8% |
Key Population Groups
| Veterans | 12.0% |
| Disabled Population | 13.9% |
| Limited English Proficiency | - |
All ZIP Codes in Norwood
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 81423 | 1,176 | $62,125 | $423,406 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Redvale, CO | 7.3 miles | 389 |
| Naturita, CO | 16.1 miles | 589 |
| Placerville, CO | 16.1 miles | 333 |
| Nucla, CO | 16.9 miles | 598 |
| Mountain Village, CO | 27.3 miles | 2,185 |
| Loghill Village, CO | 28.5 miles | 618 |
| Telluride, CO | 28.6 miles | 2,160 |
| Ridgway, CO | 29.3 miles | 1,237 |
| Colona, CO | 31 miles | 108 |
| Ophir, CO | 31.4 miles | 120 |
| Portland, CO | 32.6 miles | 125 |
| Montrose, CO | 33.2 miles | 21,044 |
| Rico, CO | 33.5 miles | 414 |
| Ouray, CO | 34.4 miles | 985 |
| Olathe, CO | 37.1 miles | 1,793 |
| Silverton, CO | 40.6 miles | 637 |
| Dove Creek, CO | 41.8 miles | 651 |
| Delta, CO | 44.9 miles | 9,421 |
| Dolores, CO | 46.7 miles | 918 |
| Lewis, CO | 47.8 miles | 277 |
| Orchard City, CO | 50.4 miles | 3,221 |