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The total population of Norwood is estimated to be 389 with 212 males (54.50%) and 177 females (45.50%). There are 35 less females than males in Norwood.
The median household income in Norwood was $101,529 in 2021, which marked an an increase of 6,628(6.98%) from $94,901 in 2020. This income is 136.09% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Norwood sees its highest median household income among householders in the age group of 25 to 44 years old, at $125,656. Overall, the median household income for the city of Norwood stands at $101,529.
In Norwood, the median income for all workers aged 15 years and older, regardless of work hours, was $70,860 for males and $68,008 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $95,931 for males and $98,633 for females.
In Norwood, there are just two different racial groups among households. Among these, White households report a median household income of $103,137, while Asian households have a median household income of $95,255.
In 2022, the population of Norwood was 374, a 0.27% decrease year-by-year from 2021. Previously, in 2021, Norwood's population was 375, a decline of 0.53% compared to a population of 377 in 2020.
The median age in Norwood, KY is 48.5, as per 2021 ACS 5-Year Estimates. Of the total population, 14.68% were under the age of 15, 11.39% aged 15 to 29, 52.66% aged 30 to 64, 17.47% aged 65 to 84, and 3.80% were 85 years of age and older.
Racial distribution of Norwood population: 91.90% are White, 4.05% are Black or African American, 1.27% are Asian, 0.25% are some other race and 2.53% are multiracial.