Norwood, CO Profile: Facts & Data

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Norwood, Colorado - Basic Facts

The Town of Norwood had a population of 572 as of July 1, 2019. Norwood ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Norwood is located at latitude 38.1305 and longitude -108.2923 in San Miguel County. The formal boundaries for the Town of Norwood encompass a land area of 0.29 sq. miles and a water area of 0 sq. miles. San Miguel County is in the Mountain time zone (GMT -7). The elevation is 7,011 feet.

The Town of Norwood (GNIS ID: 2413057) 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.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Norwood is located within Norwood Division of San Miguel County.


Jump to... (On This Page!)
  1. Norwood 2019 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. Colorado Research Tools (Easy Tools & Current Data)
  3. Colorado Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Norwood, CO Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Norwood, CO Housing Affordability Index is 95
State of Colorado Housing Affordability Index is 97
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.

WEALTH INDEX

Norwood, CO Wealth Index is 93
State of Colorado Wealth Index is 111
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Colorado COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 572 (100%)
Population in Households 572 (100.0%)
Population in Families 454 (79.4%)
Population in Group Quarters1 0
Population Density 1,872
Diversity Index2 29
 

INCOME

Median Household Income $55,018
Average Household Income $78,282
Per Capita Income $34,293
Wealth Index4 93

HOUSING

Total Housing Units 260 (100%)
Owner Occupied HU 170 (65.4%)
Renter Occupied HU 67 (25.8%)
Vacant Housing Units 23 ( 8.8%)
Median Home Value $325,000
Housing Affordability Index3 95
 

HOUSEHOLDS

Total Households 237
Average Household Size 2.41
Family Households 155
Average Family Size 3
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 race 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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.08% 1.06%
Households 1.06% 1.07%
Families 0.72% 1.01%
Median Household Income   3.25%
Per Capita Income   3.31%

Norwood, CO - Peer Comparisons by Rank and Percentile

The table below compares Norwood to the other 458 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2019 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 # 273 41st
Population Density # 87 81st
Diversity Index # 284 38th
Median Household Income # 260 43rd
Per Capita Income # 180 61st

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

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