Northwood, OH
Population 5,195 · Ohio
About Northwood, OH
Northwood is a small town located in Ohio with a population of 5,195 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,332 per year, which is 2% above the national median of $75,149. The median age of 43.4 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 Northwood features a median home value of $168,400, which is 31% below the national median of $244,900. This positions Northwood in a moderately priced market relative to the rest of the country. Median monthly rent is $964, 17% below the national average of $1,163/month. Of the 2,415 total housing units, 82% are owner-occupied (1,834 units) and 18% are renter-occupied (414 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Northwood shows an unemployment rate of 0.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.5%, above the national average of 12.4%. Workers in Northwood have an average one-way commute time of 18.6 minutes, one of the shorter commutes in the region.
Education & Demographics
30.8% of Northwood 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 7.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 2.4% of the population being foreign-born.
How Northwood Ranks in Ohio
Cost of Living in Northwood, OH
Compared to national averages, Northwood has a median household income of $76,332 (2% above the national median of $75,149). Home values average $168,400, which is 31% below the national median. Monthly rent at $964 is 17% below the US average of $1,163. Within Ohio, Northwood's income is 6% above the state average of $71,814, and home values are 3% below the state median of $174,449.
Why Live in Northwood, OH?
Northwood offers a strong local economy with a median household income of $76,332, well above the national average, and affordable housing with a median home value of $168,400, below the US average of $244,900, and rent that’s lower than the national average at $964/month. Additionally, the city features a strong job market with an unemployment rate of just 0.1%, and short commute times averaging just 18.6 minutes.
Northwood has a population of 5,195 with a median age of 43.4 years. Compare Northwood with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Northwood
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pleasant Run | 5,211 | $84,392 | $164,300 | Compare |
| Uhrichsville | 5,221 | $43,466 | $108,500 | Compare |
| Chardon | 5,246 | $86,618 | $274,500 | Compare |
| Johnstown | 5,247 | $94,955 | $314,600 | Compare |
| Delhi Hills | 5,248 | $97,439 | $203,300 | Compare |
| Apple Valley | 5,125 | $97,005 | $262,500 | Compare |
| Turpin Hills | 5,315 | $135,250 | $409,400 | Compare |
| Canal Fulton | 5,326 | $62,025 | $184,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Northwood With Other Cities
Frequently Asked Questions about Northwood
What is the population of Northwood, OH?
The population of Northwood, OH is 5,195 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Northwood?
The median household income in Northwood, OH is $76,332 per year, which is 2% above the national median of $75,149.
What is the median home value in Northwood?
The median home value in Northwood, OH is $168,400, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Northwood?
The median monthly rent in Northwood, OH is $964, which is 17% below the national average of $1,163/month.
What is the unemployment rate in Northwood?
The unemployment rate in Northwood, OH is 0.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Northwood, OH a good place to live?
Northwood offers above-average incomes, affordable housing, and a strong job market. With a population of 5,195 and a median age of 43.4, the city appeals to a broad range of residents.
How educated is Northwood, OH?
30.8% of residents in Northwood 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 Northwood?
Key cost-of-living indicators for Northwood, OH: median home value is $168,400 (31% below national), median rent is $964/month, and median household income is $76,332. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Northwood?
The poverty rate in Northwood, OH is 13.5%, 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 Northwood, OH?
Northwood's population is 7.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.0% two or more races. 2.4% of residents are foreign-born.