Norwood, OK
Population 1,598 · Oklahoma
About Norwood, OK
Norwood is a small community in Oklahoma with a population of 1,598 residents. The median household income is $88,906 per year, which is above the national average. The median age in Norwood is 39.2 years.
Housing in Norwood has a median home value of $224,000 and median monthly rent of $1,054. Of the 594 total housing units, the majority are owner-occupied, with 477 owner-occupied and 73 renter-occupied units.
The unemployment rate in Norwood is 0.5% and the poverty rate is 11.0%. 27.8% of residents hold a bachelor's degree or higher. The average commute time is 24.7 minutes.
How Norwood Ranks in Oklahoma
Cost of Living in Norwood, OK
Compared to national averages, Norwood has a median household income of $88,906 (18% above the national median of $75,149). Home values average $224,000, which is 9% below the national median. Monthly rent at $1,054 is 9% below the US average of $1,163. Within Oklahoma, Norwood's income is 58% above the state average of $56,382, and home values are 87% above the state median of $119,992.
Why Live in Norwood, OK?
Norwood offers a strong local economy with a median household income of $88,906, well above the national average, and affordable housing with a median home value of $224,000, below the US average of $244,900, and rent that’s lower than the national average at $1,054/month. Additionally, the city features a strong job market with an unemployment rate of just 0.5%, and a low poverty rate of 11.0%, better than the national average, and short commute times averaging just 24.7 minutes.
Norwood has a population of 1,598 with a median age of 39.2 years. Compare Norwood with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Norwood
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Justice | 1,601 | $93,580 | $214,900 | Compare |
| Langston | 1,594 | $32,656 | $137,500 | Compare |
| Union City | 1,603 | $100,000 | $268,900 | Compare |
| Wilson | 1,606 | $65,375 | $102,300 | Compare |
| Warner | 1,581 | $51,875 | $88,900 | Compare |
| Central High | 1,572 | $73,750 | $200,200 | Compare |
| Beaver | 1,625 | $53,500 | $123,500 | Compare |
| Comanche | 1,625 | $39,667 | $71,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
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, OK?
The population of Norwood, OK is 1,598 according to the latest Census data.
What is the median household income in Norwood?
The median household income in Norwood, OK is $88,906 per year.
What is the median home value in Norwood?
The median home value in Norwood, OK is $224,000.
What is the average rent in Norwood?
The median monthly rent in Norwood, OK is $1,054.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood, OK is 0.5%.