Minnesota · Census place 47520
Norwood Young America city, MN
Quick answer
Norwood Young America city has 3,866 residents, ranking #182 of 914 places in Minnesota. Median household income is $67,857, the median home is worth $289,400 and median gross rent runs $1,032 a month.
- Population
- 3,866Norwood Young America city residents
- Median household income
- $67,857Past 12 months, inflation adjusted
- Median home value
- $289,400Owner-occupied units
- Median gross rent
- $1,032Rent plus utilities, monthly
- Median age
- 38.5 yrsAll residents
- Homeownership rate
- 75.9%Owner-occupied households
What the numbers mean in Norwood Young America city
Housing cost measured against local earnings.
A household earning the Norwood Young America city median would spend about 18.3% 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 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.6% of residents and 75.9% 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 Minnesota.
- Grant city 3,959
- Bayport city 3,948
- Centerville city 3,915
- Zumbrota city 3,843
- Montrose city 3,840
- Deephaven city 3,835
- Mora city 3,708
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