Norwood, MO Profile: Facts & Data

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Norwood, Missouri - Basic Facts

The City of Norwood had a population of 569 as of July 1, 2024.

The primary coordinate point for Norwood is located at latitude 37.1084 and longitude -92.4149 in Wright County. The formal boundaries for the City of Norwood encompass a land area of 1.6 sq. miles and a water area of 0 sq. miles. Wright County is in the Central time zone (GMT -6).

The City of Norwood has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Norwood is located within Township of Clark, a minor civil division (MCD) of Wright County.


Jump to... (On This Page!)
  1. Norwood 2024 Demographic Data
  2. Growth Rates for Norwood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Missouri Research Tools (Easy Tools & Current Data)
  3. Missouri Data Comparison Tool - 2024 Demographics
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Norwood, MO Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 569 (100%)
Population in Households 563 (98.9%)
Population in Families 470 (82.6%)
Population in Group Quarters1 6 ( 1.1%)
Population Density 355
Diversity Index2 19
 
 

INCOME

Median Household Income $54,853
Average Household Income $67,177
% of Income for Mortgage4 24%
Per Capita Income $26,346
Wealth Index5 52
Socioeconomic Status Index6 Moderate (47.8)
 

HOUSING

Total HU (Housing Units) 258 (100%)
Owner Occupied HU 149 (57.8%)
Renter Occupied HU 74 (28.7%)
Vacant Housing Units 35 (13.6%)
Median Home Value $206,731
Average Home Value $189,765
Housing Affordability Index3 111
 

HOUSEHOLDS

Total Households 223
Average Household Size 2.52
Family Households 148
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population -0.37% -0.21%
Households 0.21% -0.27%
Families   -0.82%
Median Household Income   6.21%
Per Capita Income   2.34%
Owner Occupied HU   0.92%

Norwood, MO - Peer Comparisons by Rank and Percentile

The table below compares Norwood to the other 1,082 incorporated cities, towns and CDPs in Missouri by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 478 56th
Population Density # 796 27th
Median Household Income # 668 38th
Housing Affordability Index # 508 47th
Per Capita Income # 809 25th
Diversity Index # 635 42nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Missouri Census Data Comparison Tool.

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