Median Income
$62,381
household / year
Median Home Value
$121,100
owner-occupied
Median Rent
$650
gross / month
Cost of Living
88
national avg = 100

Is Northwood, IA a Good Place to Live?

Northwood is a small town of 2,142 in Iowa, with a median household income of $62,381 and a 5.6% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Northwood stands out for an affordable cost of living, below-average home prices, solid school ratings (B), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Northwood is right for you depends on your priorities — the full breakdown is below.

All Northwood city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 87.8

Northwood's overall cost of living index is 87.8, where 100 represents the US national average. Living in Northwood costs roughly 12% less than the average American city.

Metric Northwood, IA National Avg
Median Home Value $121,100 $244,900
Median Monthly Rent $650 $1,163
Homeownership Rate 79.2% 65.9%
Median Household Income $62,381 $74,755

Crime & Safety

Very Safe

Northwood's violent crime rate is 67.7 per 100,000 residents — 82% lower than the national average of ~380 per 100,000.

Violent Crime
67.7 /100k
Property Crime
271.0 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Northwood is served primarily by Northwood-Kensett Comm School District. The student-to-teacher ratio is 13.2:1 (better than the national average of ~16:1).

Metric Northwood, IA National Avg
School District Northwood-Kensett Comm School District
Elementary Schools 1
Middle Schools N/A
High Schools 1
Student/Teacher Ratio 13.2:1 16:1
Bachelor's Degree or Higher 16.0% 35.4%
High School Diploma or Higher 95.8% 91.1%

Weather & Climate

Northwood sees average highs of 21.3°F in January and 78.6°F in July, with 35.5 inches of annual precipitation and 40.2 inches of snow per year.

MetricNorthwood, IA
Average High — January21.3°F
Average High — July78.6°F
Annual Precipitation35.5"
Annual Snowfall40.2"

Demographics

MetricNorthwood, IANational Avg
Population2,142
Median Age44.438.9
Unemployment Rate5.6%3.7%
Avg Commute Time19.7 min26 min
White (non-Hispanic)95.9%59.3%
Black or African American0.9%13.6%
Hispanic or Latino1.0%18.9%
Asian1.0%6.3%
Under 1821.0%22.2%
65 and over21.1%16.8%

Nearby Cities

ZIP Codes in Northwood

Northwood, IA is covered by 1 ZIP code:

Northwood vs Other Cities

Frequently Asked Questions

Northwood's cost of living index is 88, where 100 is the national average. That makes Northwood roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $121,100 and median rent is $650/month.
Northwood's violent crime rate is 67.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 271.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Northwood are operated by Northwood-Kensett Comm School District. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 13.2:1. 16.0% of adults 25+ hold a bachelor's degree or higher.
Northwood, IA has a population of 2,142, a median household income of $62,381, and an unemployment rate of 5.6%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Northwood averages 21.3°F in January and 78.6°F in July. Annual rainfall is 35.5 inches with about 40.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Northwood, IA is covered by 1 ZIP code: 50459.
The population of Northwood, Iowa is 2,142 with a median age of 44.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Northwood: cost of living index 88 (100 = US average), median home $121,100, median household income $62,381, crime index 16 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Northwood side by side with your current city to see the trade-offs.