North Carolina · Census place 47980
Norwood town, NC
Quick answer
Norwood town has 3,110 residents, ranking #254 of 777 places in North Carolina. Median household income is $57,953, the median home is worth $178,900 and median gross rent runs $891 a month.
- Population
- 3,110Norwood town residents
- Median household income
- $57,953Past 12 months, inflation adjusted
- Median home value
- $178,900Owner-occupied units
- Median gross rent
- $891Rent plus utilities, monthly
- Median age
- 43 yrsAll residents
- Homeownership rate
- 64.3%Owner-occupied households
What the numbers mean in Norwood town
Housing cost measured against local earnings.
A household earning the Norwood town median would spend about 18.4% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.8% of residents and 64.3% 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 North Carolina.
- Nags Head town 3,164
- Louisburg town 3,128
- Southern Shores town 3,119
- Red Springs town 3,107
- Wallburg town 3,104
- Mountain View CDP 3,068
- Granite Quarry town 3,015
Keep going
More North Carolina coverage.