Towaco vs Norwood
Side-by-side comparison
How does Towaco, NJ compare to Norwood, NJ? Towaco has a population of 5,627 with a median household income of $197,696, while Norwood has 5,668 residents and a median income of $164,766. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Towaco, NJ | Norwood, NJ | Difference |
|---|---|---|---|
| Population | 5,627 | 5,668 | -0.7% |
| Median Age | 46.4 | 47.5 | -2.3% |
| Foreign Born % | 20% | 27.4% | -27.0% |
| Metric | Towaco | Norwood | Difference |
|---|---|---|---|
| Median Income | $197,696 | $164,766 | +20.0% |
| Unemployment | 2.9% | 1.2% | +141.7% |
| Poverty Rate | 1.6% | 3.3% | -51.5% |
| Bachelor's+ | 73% | 60% | +21.7% |
| Metric | Towaco | Norwood | Difference |
|---|---|---|---|
| Home Value | $690,900 | $676,400 | +2.1% |
| Median Rent | $2726/mo | $2446/mo | +11.4% |
| Housing Units | 2,052 | 2,048 | +0.2% |