Norwood Young America, MN
Population 3,866 · Minnesota
About Norwood Young America, MN
Norwood Young America is a small town located in Minnesota with a population of 3,866 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,857 per year, which is 10% below the national median of $75,149. The median age of 38.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Norwood Young America features a median home value of $289,400, which is 18% above the national median of $244,900. This positions Norwood Young America in a moderately priced market relative to the rest of the country. Median monthly rent is $1,032, 11% below the national average of $1,163/month. Of the 1,444 total housing units, 76% are owner-occupied (1,096 units) and 24% are renter-occupied (348 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Norwood Young America shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 9.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Norwood Young America have an average one-way commute time of 31.6 minutes.
Education & Demographics
26.1% of Norwood Young America residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 6.1% White, 1.5% Hispanic or Latino, 0.0% Black or African American, and 1.1% Asian residents, with 5.3% of the population being foreign-born.
Cost of Living in Norwood Young America, MN
Compared to national averages, Norwood Young America has a median household income of $67,857 (10% below the national median of $75,149). Home values average $289,400, which is 18% above the national median. Monthly rent at $1,032 is 11% below the US average of $1,163. Within Minnesota, Norwood Young America's income is 9% below the state average of $74,221, and home values are 42% above the state median of $204,472.
Why Live in Norwood Young America, MN?
Norwood Young America offers rent that’s lower than the national average at $1,032/month, and a low poverty rate of 9.6%, better than the national average.
Potential considerations include median household income ($67,857) that falls below the national average. However, Norwood Young America’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Norwood Young America has a population of 3,866 with a median age of 38.5 years. Compare Norwood Young America with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Norwood Young America
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Zumbrota | 3,843 | $96,818 | $235,800 | Compare |
| Montrose | 3,840 | $98,832 | $260,100 | Compare |
| Deephaven | 3,835 | $175,441 | $854,000 | Compare |
| Centerville | 3,915 | $119,361 | $364,700 | Compare |
| Bayport | 3,948 | $115,781 | $363,200 | Compare |
| Grant | 3,959 | $145,357 | $622,000 | Compare |
| Scandia | 3,966 | $100,179 | $471,900 | Compare |
| St. Charles | 4,021 | $96,544 | $231,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Norwood Young America With Other Cities
Frequently Asked Questions about Norwood Young America
What is the population of Norwood Young America, MN?
The population of Norwood Young America, MN is 3,866 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Norwood Young America?
The median household income in Norwood Young America, MN is $67,857 per year, which is 10% below the national median of $75,149.
What is the median home value in Norwood Young America?
The median home value in Norwood Young America, MN is $289,400, which is 18% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Norwood Young America?
The median monthly rent in Norwood Young America, MN is $1,032, which is 11% below the national average of $1,163/month.
What is the unemployment rate in Norwood Young America?
The unemployment rate in Norwood Young America, MN is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Norwood Young America, MN a good place to live?
Norwood Young America offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 3,866 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Norwood Young America, MN?
26.1% of residents in Norwood Young America 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 Norwood Young America?
Key cost-of-living indicators for Norwood Young America, MN: median home value is $289,400 (18% above national), median rent is $1,032/month, and median household income is $67,857. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Norwood Young America?
The poverty rate in Norwood Young America, MN is 9.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Norwood Young America, MN?
Norwood Young America's population is 6.1% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 1.1% Asian, and 0.0% two or more races. 5.3% of residents are foreign-born.