Norwood, PA
Population 5,915 · Pennsylvania
About Norwood, PA
Norwood is a small town located in Pennsylvania with a population of 5,915 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,135 per year, which is 19% above the national median of $75,149. The median age of 40.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Norwood features a median home value of $227,500, 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 $1,247, 7% above the national average of $1,163/month. Of the 2,513 total housing units, 73% are owner-occupied (1,671 units) and 27% are renter-occupied (604 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Norwood shows an unemployment rate of 7.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Norwood have an average one-way commute time of 27.7 minutes.
Education & Demographics
26.2% 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 1.0% White, 0.3% Hispanic or Latino, 2.5% Black or African American, and 1.5% Asian residents, with 5.4% of the population being foreign-born.
Cost of Living in Norwood, PA
Compared to national averages, Norwood has a median household income of $89,135 (19% above the national median of $75,149). Home values average $227,500, which is 7% below the national median. Monthly rent at $1,247 is 7% above the US average of $1,163. Within Pennsylvania, Norwood's income is 21% above the state average of $73,376, and home values are 19% above the state median of $190,903.
Why Live in Norwood, PA?
Norwood offers a strong local economy with a median household income of $89,135, well above the national average, and affordable housing with a median home value of $227,500, below the US average of $244,900, and a low poverty rate of 7.0%, better than the national average.
Norwood has a population of 5,915 with a median age of 40.8 years. Compare Norwood with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Norwood
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Enola | 5,913 | $68,131 | $163,900 | Compare |
| Clearfield | 5,918 | $51,190 | $100,800 | Compare |
| Schlusser | 5,926 | $92,813 | $218,500 | Compare |
| Stroudsburg | 5,898 | $60,868 | $212,700 | Compare |
| Moosic | 5,954 | $74,792 | $235,500 | Compare |
| Media | 5,868 | $86,219 | $398,400 | Compare |
| Sharon Hill | 5,978 | $68,529 | $163,200 | Compare |
| Somerset | 5,984 | $41,782 | $144,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
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, PA?
The population of Norwood, PA is 5,915 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Norwood?
The median household income in Norwood, PA is $89,135 per year, which is 19% above the national median of $75,149.
What is the median home value in Norwood?
The median home value in Norwood, PA is $227,500, which is 7% 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, PA is $1,247, which is 7% above the national average of $1,163/month.
What is the unemployment rate in Norwood?
The unemployment rate in Norwood, PA is 7.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Norwood, PA a good place to live?
Norwood offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 5,915 and a median age of 40.8, the city appeals to a broad range of residents.
How educated is Norwood, PA?
26.2% 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, PA: median home value is $227,500 (7% below national), median rent is $1,247/month, and median household income is $89,135. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Norwood?
The poverty rate in Norwood, PA is 7.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Norwood, PA?
Norwood's population is 1.0% White, 0.3% Hispanic or Latino, 2.5% Black or African American, 1.5% Asian, and 1.0% two or more races. 5.4% of residents are foreign-born.