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ZipNumbers

Pennsylvania · Census place 55664

Norwood borough, PA

Quick answer

Norwood borough has 5,915 residents, ranking #219 of 2002 places in Pennsylvania. Median household income is $89,135, the median home is worth $227,500 and median gross rent runs $1,247 a month.

Population
5,915Norwood borough residents
Median household income
$89,135Past 12 months, inflation adjusted
Median home value
$227,500Owner-occupied units
Median gross rent
$1,247Rent plus utilities, monthly
Median age
40.8 yrsAll residents
Homeownership rate
73.5%Owner-occupied households

What the numbers mean in Norwood borough

Housing cost measured against local earnings.

A household earning the Norwood borough median would spend about 16.8% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7% of residents and 73.5% 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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