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Louisiana · Census place 56295

Norwood village, LA

Quick answer

Norwood village has 250 residents, ranking #430 of 489 places in Louisiana. Median household income is $43,370, the median home is worth $233,100 and median gross rent runs $1,098 a month.

Population
250Norwood village residents
Median household income
$43,370Past 12 months, inflation adjusted
Median home value
$233,100Owner-occupied units
Median gross rent
$1,098Rent plus utilities, monthly
Median age
59.2 yrsAll residents
Homeownership rate
85.2%Owner-occupied households

What the numbers mean in Norwood village

Housing cost measured against local earnings.

A household earning the Norwood village median would spend about 30.4% 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 5.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 37.6% of residents and 85.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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