Norwood, MO
Population 832 · Missouri
About Norwood, MO
Norwood is a small community located in Missouri with a population of 832 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,375 per year, which is 50% below the national median of $75,149. The median age of 26.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Norwood features a median home value of $78,600, which is 68% below the national median of $244,900. This makes Norwood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $607, 48% below the national average of $1,163/month. Of the 268 total housing units, 61% are owner-occupied (143 units) and 39% are renter-occupied (90 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Norwood shows an unemployment rate of 7.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 33.2%, above the national average of 12.4%. Workers in Norwood have an average one-way commute time of 23.2 minutes.
Education & Demographics
13.2% of Norwood 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, 5.8% Hispanic or Latino, 0.0% Black or African American, and 2.3% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Norwood, MO
Compared to national averages, Norwood has a median household income of $37,375 (50% below the national median of $75,149). Home values average $78,600, which is 68% below the national median. Monthly rent at $607 is 48% below the US average of $1,163. Within Missouri, Norwood's income is 39% below the state average of $61,047, and home values are 48% below the state median of $150,786.
Why Live in Norwood, MO?
Norwood offers affordable housing with a median home value of $78,600, below the US average of $244,900, and rent that’s lower than the national average at $607/month, and short commute times averaging just 23.2 minutes.
Potential considerations include median household income ($37,375) that falls below the national average. However, Norwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Norwood has a population of 832 with a median age of 26.8 years. Compare Norwood with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Norwood
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Benton | 832 | $82,679 | $256,900 | Compare |
| La Grange | 834 | $55,000 | $88,500 | Compare |
| Winona | 829 | $32,083 | $101,500 | Compare |
| Leadington | 842 | $36,402 | $175,000 | Compare |
| Southwest City | 845 | $38,750 | $67,200 | Compare |
| Cardwell | 846 | $17,917 | $44,700 | Compare |
| Loch Lloyd | 815 | $164,464 | $1,001,700 | Compare |
| Olympian Village | 812 | $59,583 | $148,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
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, MO?
The population of Norwood, MO is 832 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Norwood?
The median household income in Norwood, MO is $37,375 per year, which is 50% below the national median of $75,149.
What is the median home value in Norwood?
The median home value in Norwood, MO is $78,600, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Norwood?
The median monthly rent in Norwood, MO is $607, which is 48% below the national average of $1,163/month.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood, MO is 7.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Norwood, MO a good place to live?
Norwood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 832 and a median age of 26.8, the city appeals to young professionals and families.
How educated is Norwood, MO?
13.2% of residents in Norwood 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?
Key cost-of-living indicators for Norwood, MO: median home value is $78,600 (68% below national), median rent is $607/month, and median household income is $37,375. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Norwood?
The poverty rate in Norwood, MO is 33.2%, 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 Norwood, MO?
Norwood's population is 0.0% White, 5.8% Hispanic or Latino, 0.0% Black or African American, 2.3% Asian, and 0.0% two or more races. 0.4% of residents are foreign-born.