Norwood, NC
Population 3,110 · North Carolina
About Norwood, NC
Norwood is a small community in North Carolina with a population of 3,110 residents. The median household income is $57,953 per year, which is near the national average. The median age in Norwood is 43 years.
Housing in Norwood has a median home value of $178,900 and median monthly rent of $891. Of the 1,514 total housing units, the majority are owner-occupied, with 755 owner-occupied and 420 renter-occupied units.
The unemployment rate in Norwood is 5.7% and the poverty rate is 10.8%. 19.5% of residents hold a bachelor's degree or higher. The average commute time is 27.8 minutes.
Cost of Living in Norwood, NC
Compared to national averages, Norwood has a median household income of $57,953 (23% below the national median of $75,149). Home values average $178,900, which is 27% below the national median. Monthly rent at $891 is 23% below the US average of $1,163. Within North Carolina, Norwood's income is 10% below the state average of $64,468, and home values are 22% below the state median of $228,922.
Why Live in Norwood, NC?
Norwood offers affordable housing with a median home value of $178,900, below the US average of $244,900, and rent that’s lower than the national average at $891/month, and a low poverty rate of 10.8%, better than the national average.
Potential considerations include median household income ($57,953) 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 3,110 with a median age of 43 years. Compare Norwood with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Norwood
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Red Springs | 3,107 | $19,752 | $85,400 | Compare |
| Wallburg | 3,104 | $78,821 | $292,500 | Compare |
| Southern Shores | 3,119 | $116,859 | $621,100 | Compare |
| Louisburg | 3,128 | $31,827 | $217,400 | Compare |
| Mountain View | 3,068 | $60,938 | $187,100 | Compare |
| Nags Head | 3,164 | $87,619 | $451,100 | Compare |
| Bermuda Run | 3,166 | $66,800 | $309,800 | Compare |
| East Rockingham | 3,177 | $33,206 | $102,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Norwood
What is the population of Norwood, NC?
The population of Norwood, NC is 3,110 according to the latest Census data.
What is the median household income in Norwood?
The median household income in Norwood, NC is $57,953 per year.
What is the median home value in Norwood?
The median home value in Norwood, NC is $178,900.
What is the average rent in Norwood?
The median monthly rent in Norwood, NC is $891.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood, NC is 5.7%.