Norwood, CO
Population 565 · Colorado
About Norwood, CO
Norwood is a small community in Colorado with a population of 565 residents. The median household income is $56,324 per year, which is near the national average. The median age in Norwood is 34.8 years.
Housing in Norwood has a median home value of $341,800 and median monthly rent of $1,357. Of the 279 total housing units, the majority are owner-occupied, with 146 owner-occupied and 98 renter-occupied units.
The unemployment rate in Norwood is 9.8% and the poverty rate is 10.1%. 38.9% of residents hold a bachelor's degree or higher. The average commute time is 34.2 minutes.
Cost of Living in Norwood, CO
Compared to national averages, Norwood has a median household income of $56,324 (25% below the national median of $75,149). Home values average $341,800, which is 40% above the national median. Monthly rent at $1,357 is 17% above the US average of $1,163. Within Colorado, Norwood's income is 36% below the state average of $88,514, and home values are 25% below the state median of $457,127.
Why Live in Norwood, CO?
Norwood offers a well-educated community where 38.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.1%, better than the national average.
Potential considerations include median household income ($56,324) that falls below the national average. However, Norwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Norwood has a population of 565 with a median age of 34.8 years. Compare Norwood with other cities to see how it stacks up, or explore all cities in Colorado.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Norwood
What is the population of Norwood, CO?
The population of Norwood, CO is 565 according to the latest Census data.
What is the median household income in Norwood?
The median household income in Norwood, CO is $56,324 per year.
What is the median home value in Norwood?
The median home value in Norwood, CO is $341,800.
What is the average rent in Norwood?
The median monthly rent in Norwood, CO is $1,357.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood, CO is 9.8%.