Kentucky · Census place 56928
Norwood city, KY
Quick answer
Norwood city has 395 residents, ranking #386 of 554 places in Kentucky. Median household income is $106,667, the median home is worth $347,400 and median gross rent runs $1,798 a month.
- Population
- 395Norwood city residents
- Median household income
- $106,667Past 12 months, inflation adjusted
- Median home value
- $347,400Owner-occupied units
- Median gross rent
- $1,798Rent plus utilities, monthly
- Median age
- 42.9 yrsAll residents
- Homeownership rate
- 82.9%Owner-occupied households
What the numbers mean in Norwood city
Housing cost measured against local earnings.
A household earning the Norwood city median would spend about 20.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.8% of residents and 82.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Kentucky.
- Gilbertsville CDP 405
- Bradfordsville city 403
- Fredonia city 403
- Phelps CDP 387
- Symsonia CDP 386
- Sadieville city 385
- Creekside city 378
Keep going
More Kentucky coverage.