Norwood, OH
Population 19,023 · Ohio
About Norwood, OH
Norwood is a mid-sized city located in Ohio with a population of 19,023 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,724 per year, which is 14% below the national median of $75,149. The median age of 33.2 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 $228,300, which is 7% below the national median of $244,900. This positions Norwood in a moderately priced market relative to the rest of the country. Median monthly rent is $925, 20% below the national average of $1,163/month. Of the 9,892 total housing units, 47% are owner-occupied (4,155 units) and 53% are renter-occupied (4,650 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Norwood shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 17.5%, above the national average of 12.4%. Workers in Norwood have an average one-way commute time of 22 minutes.
Education & Demographics
37.6% of Norwood 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 3.3% White, 1.3% Hispanic or Latino, 0.2% Black or African American, and 4.5% Asian residents, with 4.7% of the population being foreign-born.
Cost of Living in Norwood, OH
Compared to national averages, Norwood has a median household income of $64,724 (14% below the national median of $75,149). Home values average $228,300, which is 7% below the national median. Monthly rent at $925 is 20% below the US average of $1,163. Within Ohio, Norwood's income is 10% below the state average of $71,814, and home values are 31% above the state median of $174,449.
Why Live in Norwood, OH?
Norwood offers affordable housing with a median home value of $228,300, below the US average of $244,900, and rent that’s lower than the national average at $925/month, and a well-educated community where 37.6% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 22 minutes.
Potential considerations include median household income ($64,724) 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 19,023 with a median age of 33.2 years. Compare Norwood with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Norwood
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ashland | 19,008 | $57,310 | $146,100 | Compare |
| Sylvania | 19,038 | $95,610 | $233,700 | Compare |
| White Oak | 18,845 | $71,789 | $190,900 | Compare |
| Twinsburg | 19,346 | $95,097 | $288,700 | Compare |
| Springboro | 19,577 | $112,872 | $330,300 | Compare |
| Tallmadge | 18,394 | $91,273 | $226,400 | Compare |
| Brook Park | 18,359 | $67,178 | $158,300 | Compare |
| Berea | 18,330 | $71,896 | $187,600 | 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 Norwood With Other Cities
Frequently Asked Questions about Norwood
What is the population of Norwood, OH?
The population of Norwood, OH is 19,023 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Ohio.
What is the median household income in Norwood?
The median household income in Norwood, OH is $64,724 per year, which is 14% below the national median of $75,149.
What is the median home value in Norwood?
The median home value in Norwood, OH is $228,300, which is 7% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Norwood?
The median monthly rent in Norwood, OH is $925, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood, OH is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Norwood, OH a good place to live?
Norwood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 19,023 and a median age of 33.2, the city appeals to young professionals and families.
How educated is Norwood, OH?
37.6% of residents in Norwood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Norwood?
Key cost-of-living indicators for Norwood, OH: median home value is $228,300 (7% below national), median rent is $925/month, and median household income is $64,724. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Norwood?
The poverty rate in Norwood, OH is 17.5%, 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 Norwood, OH?
Norwood's population is 3.3% White, 1.3% Hispanic or Latino, 0.2% Black or African American, 4.5% Asian, and 14.2% two or more races. 4.7% of residents are foreign-born.