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Norwood, Massachusetts

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
31,542
Population
$107,030
Median Income
$651,700
Home Value
39.0
Median Age

Demographics

Norwood has a population of 31,542 with a median age of 39.0. Here is the racial and ethnic breakdown of the population:

White
70.7%
Hispanic
10.0%
Black
7.1%
Asian
6.7%
Other
5.5%
Demographic Value
Total Population31,542
Median Age39.0
White70.7%
Black or African American7.1%
Asian6.7%
Hispanic or Latino10.0%
Other / Two or More Races5.5%
Norwood, Massachusetts — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 70.7%Hispanic/Latino: 10.0%Black: 7.1%Asian: 6.7%Other: 5.5%31,542PopulationWhiteWhite70.7%Hispanic/LatinoHispanic/Latino10.0%BlackBlack7.1%AsianAsian6.7%OtherOther5.5%

Income & Economy

The median household income in Norwood is $107,030, which is 32.8% above the national median of $80,610. The per capita income is $63,827. The poverty rate is 8.8%.

$107,030
Median Household Income
$63,827
Per Capita Income
8.8%
Poverty Rate

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Education

In Norwood, 93.6% of residents age 25+ have a high school diploma or higher, and 55.4% hold a bachelor's degree or higher (23.8% with a graduate or professional degree).

HS Diploma+
93.6%
Bachelor's+
55.4%
Graduate+
23.8%
Education Level % of Adults (25+)
High School Diploma or Higher93.6%
Bachelor's Degree or Higher55.4%
Graduate or Professional Degree23.8%

Housing

The median home value in Norwood is $651,700, above the national median of $303,400. The median monthly rent is $2,116. The homeownership rate is 54.0%.

$651,700
Median Home Value
$2,116/mo
Median Rent
54.0%
Homeownership Rate
Housing Metric Value
Median Home Value$651,700
Median Monthly Rent$2,116
Homeownership Rate54.0%
Vacancy Rate4.0%

Salaries in Massachusetts

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Frequently Asked Questions

What is the population of Norwood, Massachusetts?
The population of Norwood, Massachusetts is 31,542 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Norwood, Massachusetts?
The median household income in Norwood, Massachusetts is $107,030. This is 32.8% above the national median of $80,610.
What is the median home value in Norwood, Massachusetts?
The median home value in Norwood, Massachusetts is $651,700. The median monthly rent is $2,116.
What percentage of people in Norwood have a college degree?
In Norwood, Massachusetts, 55.4% of adults age 25 and older hold a bachelor's degree or higher, and 93.6% have a high school diploma or higher.
Is Norwood, Massachusetts an affordable place to live?
The home price-to-income ratio in Norwood, Massachusetts is 6.1x (median home value $651,700 vs. median income $107,030), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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