Northwood, IA
Population 2,170 · Iowa
About Northwood, IA
Northwood is a small community in Iowa with a population of 2,170 residents. The median household income is $64,615 per year, which is near the national average. The median age in Northwood is 46.3 years.
Housing in Northwood has a median home value of $124,800 and median monthly rent of $583. Of the 961 total housing units, the majority are owner-occupied, with 760 owner-occupied and 170 renter-occupied units.
The unemployment rate in Northwood is 4.6% and the poverty rate is 5.2%. 18.5% of residents hold a bachelor's degree or higher. The average commute time is 18.4 minutes.
Cost of Living in Northwood, IA
Compared to national averages, Northwood has a median household income of $64,615 (14% below the national median of $75,149). Home values average $124,800, which is 49% below the national median. Monthly rent at $583 is 50% below the US average of $1,163. Within Iowa, Northwood's income is 5% below the state average of $67,947, and home values are 6% below the state median of $132,237.
Why Live in Northwood, IA?
Northwood offers affordable housing with a median home value of $124,800, below the US average of $244,900, and rent that’s lower than the national average at $583/month, and a low poverty rate of 5.2%, better than the national average. Additionally, the city features short commute times averaging just 18.4 minutes.
Potential considerations include median household income ($64,615) that falls below the national average. However, Northwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Northwood has a population of 2,170 with a median age of 46.3 years. Compare Northwood with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Northwood
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| La Porte City | 2,170 | $62,750 | $146,900 | Compare |
| Sumner | 2,159 | $56,174 | $111,900 | Compare |
| Columbus Junction | 2,129 | $76,518 | $114,200 | Compare |
| Denver | 2,216 | $90,156 | $221,100 | Compare |
| Lamoni | 2,121 | $52,300 | $107,900 | Compare |
| Hull | 2,248 | $76,213 | $215,700 | Compare |
| Colfax | 2,089 | $82,878 | $160,500 | Compare |
| Bellevue | 2,256 | $78,792 | $210,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Northwood
What is the population of Northwood, IA?
The population of Northwood, IA is 2,170 according to the latest Census data.
What is the median household income in Northwood?
The median household income in Northwood, IA is $64,615 per year.
What is the median home value in Northwood?
The median home value in Northwood, IA is $124,800.
What is the average rent in Northwood?
The median monthly rent in Northwood, IA is $583.
What is the unemployment rate in Northwood?
The unemployment rate in Northwood, IA is 4.6%.