Median Income
$156,630
household / year
Median Home Value
$633,800
owner-occupied
Median Rent
$2,121
gross / month
Cost of Living
112
national avg = 100

Is Norwood, NJ a Good Place to Live?

Norwood is a small town of 5,657 in New Jersey, with a median household income of $156,630 and a 2.5% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Norwood stands out for lower-than-average crime, solid school ratings (A+), a well-educated population.

Trade-offs: Potential downsides include an above-average cost of living, high home prices, longer commutes. Whether Norwood is right for you depends on your priorities — the full breakdown is below.

All Norwood 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: 112.5

Norwood's overall cost of living index is 112.5, where 100 represents the US national average. Living in Norwood costs roughly 12% more than the average American city.

Metric Norwood, NJ National Avg
Median Home Value $633,800 $244,900
Median Monthly Rent $2,121 $1,163
Homeownership Rate 84.9% 65.9%
Median Household Income $156,630 $74,755

Crime & Safety

Very Safe

Norwood's violent crime rate is 34.0 per 100,000 residents — 91% lower than the national average of ~380 per 100,000.

Violent Crime
34.0 /100k
Property Crime
322.6 /100k

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

Schools & Education

Norwood is served primarily by Norwood Public School District. The student-to-teacher ratio is 12.5:1 (better than the national average of ~16:1).

Metric Norwood, NJ National Avg
School District Norwood Public School District —
Elementary Schools 1 —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio 12.5:1 16:1
Bachelor's Degree or Higher 59.0% 35.4%
High School Diploma or Higher 96.4% 91.1%

Weather & Climate

Norwood sees average highs of 39.8°F in January and 85.6°F in July, with 47.1 inches of annual precipitation and 32.7 inches of snow per year.

MetricNorwood, NJ
Average High — January39.8°F
Average High — July85.6°F
Annual Precipitation47.1"
Annual Snowfall32.7"

Demographics

MetricNorwood, NJNational Avg
Population5,657—
Median Age48.138.9
Unemployment Rate2.5%3.7%
Avg Commute Time35.1 min26 min
White (non-Hispanic)61.2%59.3%
Black or African American0.6%13.6%
Hispanic or Latino2.9%18.9%
Asian31.6%6.3%
Under 1821.3%22.2%
65 and over22.1%16.8%

Nearby Cities

ZIP Codes in Norwood

Norwood, NJ is covered by 1 ZIP code:

Norwood vs Other Cities

Frequently Asked Questions

Norwood's cost of living index is 112, where 100 is the national average. That puts Norwood roughly 12% above the national average in cost. The median home price is $633,800 and median rent is $2,121/month.
Norwood's violent crime rate is 34.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 322.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Norwood are operated by Norwood Public School District. The district has 1 elementary, several middle, and several high schools. The student-to-teacher ratio is 12.5:1. 59.0% of adults 25+ hold a bachelor's degree or higher.
Norwood, NJ has a population of 5,657, a median household income of $156,630, and an unemployment rate of 2.5%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Norwood averages 39.8°F in January and 85.6°F in July. Annual rainfall is 47.1 inches with about 32.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Norwood, NJ is covered by 1 ZIP code: 07648.
The population of Norwood, New Jersey is 5,657 with a median age of 48.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Norwood: cost of living index 112 (100 = US average), median home $633,800, median household income $156,630, crime index 12 (100 = US average, lower is safer), schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Norwood side by side with your current city to see the trade-offs.