Norwood borough, New Jersey
CityPopulation: 5,668 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Norwood borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Norwood borough
- What is the median household income in Norwood borough?
- The median household income in Norwood borough is $164,766 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Norwood borough?
- The poverty rate in Norwood borough is 1.8% (U.S. Census Bureau ACS 2023).
- What is the median home value in Norwood borough?
- $676,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in Norwood borough?
- The median gross rent in Norwood borough is $2,446 per month (U.S. Census Bureau ACS 2023).
- What percentage of Norwood borough residents have a college degree?
- 60.0% of adults in Norwood borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
5,668
Median Income
$164,766
Median Home Value
$676,400
Poverty Rate
1.8%
Unemployment (ACS 2023)
1.2%
Median Age
47.0 yrs
Since 2019
Median Income:
+$42,566 (+34.8%)
Home Value:
+$49,700 (+7.9%)
Poverty Rate:
-1.4 pp (-43.8%)
Bachelor's+:
+4.8 pp (+8.7%)
Unemployment:
-1.4 pp (-53.8%)
Demographics
Total Population
5,668
Median Age
47.0
Female
53.3%
Race & Ethnicity
Hispanic or Latino 6.4%
White (non-Hisp.) 59.3%
Black 1.2%
Asian 30.4%
Two or More 6.3%
Other 1.1%
Asian Subgroups (% of total pop.)
Korean
24.9%
Indian
2.8%
Japanese
1.2%
Filipino
0.8%
Chinese
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$164,766
±$20,547
+$63,716 vs. state
Per Capita Income
$185,730
Median Family Income
$180,691
Poverty Rate
1.8%
-5.2 pp vs. state
Child Poverty Rate
0.7%
Working-Age Poverty Rate
—
SNAP Recipients
2.2%
Social Security Income
—
Retirement Income
21.9%
Household Income Distribution
< $10k
3.5%
$10–15k
2.7%
$15–25k
4.7%
$25–35k
3.6%
$35–50k
3.8%
$50–75k
7.1%
$75–100k
6.2%
$100–150k
13.6%
$150–200k
19.2%
$200k+
35.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,048
Owner-Occupied
80.2%
Renter-Occupied
19.8%
Vacancy Rate
3.3%
Median Home Value
$676,400
+$248,800 vs. state
Median Gross Rent
$2,446
Owner Cost Burden (30%+)
29.2%
Renter Cost Burden (30%+)
66.6%
Home Value Distribution
< $50k
0.5%
$100–200k
3.3%
$200–300k
4.8%
$300–500k
14.6%
$500k–$1M
60.7%
$1M+
16.1%
Gross Rent Distribution
$1–1.5k
10.4%
$1.5–2k
26.2%
$2–2.5k
15.0%
$3.5k+
48.4%
Vehicle Availability
No vehicle
3.8%
1 vehicle
22.1%
2 vehicles
51.3%
3+
22.8%
Housing Type
Single-fam. det.
65.4%
Single-fam. att.
17.6%
2–4 units
1.7%
5–19 units
0.4%
20+ units
9.7%
Housing Age
Pre-1940
14.7%
1940–1969
1.1%
1970–1999
4.4%
2000–2009
8.1%
2010+
2.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.4%
Bachelor's or Higher
60.0%
+17.1 pp vs. state
Graduate Degree
20.7%
Some College / Associate
14.4%
Less Than High School
0.8%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
63.7%
Unemployment Rate
1.2%
-5.0 pp vs. state
Work from Home
21.3%
Self-Employed
6.1%
Government Workers
10.6%
Private For-Profit
83.3%
Industry
Edu/Health
21.5%
Prof. Services
17.0%
Retail
14.9%
Finance
6.3%
Information
6.2%
Construction
5.7%
Wholesale
5.3%
Manufacturing
5.2%
Public Admin
4.3%
Arts/Entmt.
4.2%
Transportation
1.6%
Occupation
Management
56.6%
Sales
25.7%
Food Prep
8.5%
Production
5.1%
Construction
4.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
33.7 min
Drove Alone
60.9%
Carpool
9.8%
Public Transit
4.5%
Work from Home
21.3%
Walked
1.5%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,981
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
70.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
33.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.7%
5–9
4.8%
10–14
8.7%
15–19
7.1%
20–24
5.6%
25–34
8.9%
35–44
9.1%
45–54
16.8%
55–64
8.9%
65–74
6.5%
75–84
7.2%
85+
8.9%
Under 18: 22.6%
Working age (18–64): 77.4%
65 and over: 19.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
27.4%
Naturalized Citizen
62.6%
Speaks English Less Than Very Well
16.5%
Foreign-Born Origin
Asia
87.6%
Europe
6.2%
Latin America
4.6%
Africa
1.0%
Veterans & Disability
Veteran
3.7%
With a Disability
6.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.7%
Uninsured
2.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.7%
Has a Computer
98.0%
Same House 1 Year Ago
88.6%
Moved from Abroad
6.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023