Norwood, KY
Population 395 · Kentucky
About Norwood, KY
Norwood is a small community in Kentucky with a population of 395 residents. The median household income is $106,667 per year, which is above the national average. The median age in Norwood is 42.9 years.
Housing in Norwood has a median home value of $347,400 and median monthly rent of $1,798. Of the 184 total housing units, the majority are owner-occupied, with 141 owner-occupied and 29 renter-occupied units.
The unemployment rate in Norwood is 4.5% and the poverty rate is 4.8%. 66.3% of residents hold a bachelor's degree or higher. The average commute time is 15.6 minutes.
How Norwood Ranks in Kentucky
Cost of Living in Norwood, KY
Compared to national averages, Norwood has a median household income of $106,667 (42% above the national median of $75,149). Home values average $347,400, which is 42% above the national median. Monthly rent at $1,798 is 55% above the US average of $1,163. Within Kentucky, Norwood's income is 61% above the state average of $66,273, and home values are 90% above the state median of $182,504.
Why Live in Norwood, KY?
Norwood offers a strong local economy with a median household income of $106,667, well above the national average, and a well-educated community where 66.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.8%, better than the national average. Additionally, the city features short commute times averaging just 15.6 minutes.
Norwood has a population of 395 with a median age of 42.9 years. Compare Norwood with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Norwood
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bradfordsville | 403 | $32,045 | $0 | Compare |
| Fredonia | 403 | $67,396 | $94,600 | Compare |
| Phelps | 387 | $28,542 | $111,600 | Compare |
| Symsonia | 386 | $0 | $225,000 | Compare |
| Gilbertsville | 405 | $0 | $101,100 | Compare |
| Sadieville | 385 | $59,688 | $158,300 | Compare |
| Glenview Hills | 406 | $150,938 | $608,800 | Compare |
| Kingsley | 407 | $120,893 | $338,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Norwood With Other Cities
Frequently Asked Questions about Norwood
What is the population of Norwood, KY?
The population of Norwood, KY is 395 according to the latest Census data.
What is the median household income in Norwood?
The median household income in Norwood, KY is $106,667 per year.
What is the median home value in Norwood?
The median home value in Norwood, KY is $347,400.
What is the average rent in Norwood?
The median monthly rent in Norwood, KY is $1,798.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood, KY is 4.5%.