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Norwood Young America, Minnesota

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
3,849
Population
$71,364
Median Income
$299,300
Home Value
37.8
Median Age

Demographics

Norwood Young America has a population of 3,849 with a median age of 37.8. Here is the racial and ethnic breakdown of the population:

White
87.0%
Hispanic
10.1%
Other
1.9%
Asian
1.0%
Demographic Value
Total Population3,849
Median Age37.8
White87.0%
Asian1.0%
Hispanic or Latino10.1%
Other / Two or More Races1.9%
Norwood Young America, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 87.0%Hispanic/Latino: 10.1%Other: 2.9%3,849PopulationWhiteWhite87.0%Hispanic/LatinoHispanic/Latino10.1%OtherOther2.9%

Income & Economy

The median household income in Norwood Young America is $71,364, which is 11.5% below the national median of $80,610. The per capita income is $34,019. The poverty rate is 11.4%.

$71,364
Median Household Income
$34,019
Per Capita Income
11.4%
Poverty Rate

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Education

In Norwood Young America, 97.0% of residents age 25+ have a high school diploma or higher, and 23.3% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).

HS Diploma+
97.0%
Bachelor's+
23.3%
Graduate+
3.9%
Education Level % of Adults (25+)
High School Diploma or Higher97.0%
Bachelor's Degree or Higher23.3%
Graduate or Professional Degree3.9%

Housing

The median home value in Norwood Young America is $299,300, below the national median of $303,400. The median monthly rent is $1,073. The homeownership rate is 74.6%.

$299,300
Median Home Value
$1,073/mo
Median Rent
74.6%
Homeownership Rate
Housing Metric Value
Median Home Value$299,300
Median Monthly Rent$1,073
Homeownership Rate74.6%

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Frequently Asked Questions

What is the population of Norwood Young America, Minnesota?
The population of Norwood Young America, Minnesota is 3,849 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Norwood Young America, Minnesota?
The median household income in Norwood Young America, Minnesota is $71,364. This is 11.5% below the national median of $80,610.
What is the median home value in Norwood Young America, Minnesota?
The median home value in Norwood Young America, Minnesota is $299,300. The median monthly rent is $1,073.
What percentage of people in Norwood Young America have a college degree?
In Norwood Young America, Minnesota, 23.3% of adults age 25 and older hold a bachelor's degree or higher, and 97.0% have a high school diploma or higher.
Is Norwood Young America, Minnesota an affordable place to live?
The home price-to-income ratio in Norwood Young America, Minnesota is 4.2x (median home value $299,300 vs. median income $71,364), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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