Norway, MI
Population 2,835 · Michigan
About Norway, MI
Norway is a small town located in Michigan with a population of 2,835 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,025 per year, which is 33% below the national median of $75,149. The median age of 44.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Norway features a median home value of $87,300, which is 64% below the national median of $244,900. This makes Norway one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $793, 32% below the national average of $1,163/month. Of the 1,290 total housing units, 72% are owner-occupied (899 units) and 28% are renter-occupied (358 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Norway shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.6%, above the national average of 12.4%. Workers in Norway have an average one-way commute time of 15.9 minutes, one of the shorter commutes in the region.
Education & Demographics
18.6% of Norway residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.7% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Norway, MI
Compared to national averages, Norway has a median household income of $50,025 (33% below the national median of $75,149). Home values average $87,300, which is 64% below the national median. Monthly rent at $793 is 32% below the US average of $1,163. Within Michigan, Norway's income is 24% below the state average of $66,017, and home values are 52% below the state median of $183,391.
Why Live in Norway, MI?
Norway offers affordable housing with a median home value of $87,300, below the US average of $244,900, and rent that’s lower than the national average at $793/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features short commute times averaging just 15.9 minutes.
Potential considerations include median household income ($50,025) that falls below the national average. However, Norway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Norway has a population of 2,835 with a median age of 44.8 years. Compare Norway with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Norway
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ithaca | 2,831 | $62,375 | $126,600 | Compare |
| Almont | 2,830 | $81,511 | $233,100 | Compare |
| St. Helen | 2,841 | $42,091 | $85,300 | Compare |
| Manistique | 2,844 | $39,761 | $83,600 | Compare |
| Skidway Lake | 2,800 | $34,320 | $53,700 | Compare |
| Lake Orion | 2,873 | $98,871 | $346,700 | Compare |
| Rogers City | 2,873 | $47,601 | $93,500 | Compare |
| Clinton | 2,795 | $78,750 | $180,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Norway With Other Cities
Frequently Asked Questions about Norway
What is the population of Norway, MI?
The population of Norway, MI is 2,835 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Norway?
The median household income in Norway, MI is $50,025 per year, which is 33% below the national median of $75,149.
What is the median home value in Norway?
The median home value in Norway, MI is $87,300, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Norway?
The median monthly rent in Norway, MI is $793, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Norway?
The unemployment rate in Norway, MI is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Norway, MI a good place to live?
Norway offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,835 and a median age of 44.8, the city appeals to a broad range of residents.
How educated is Norway, MI?
18.6% of residents in Norway aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Norway?
Key cost-of-living indicators for Norway, MI: median home value is $87,300 (64% below national), median rent is $793/month, and median household income is $50,025. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Norway?
The poverty rate in Norway, MI is 14.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Norway, MI?
Norway's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.7% Asian, and 0.8% two or more races. 0.7% of residents are foreign-born.