Norway

Population: 490
Median household income: $91,250
Median home value: $155,400

Norway is a community in Benton County, Iowa, home to 490 residents. The median household income of $91,250 is above the Benton County median ($84,742).

From 2019 to 2023, Norway's population declined 5.4% from 518 to 490, while its median home value rose 36.0% from $114,300 to $155,400.

The median gross rent is $1,063. 17.9% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 490
Median age: 47.2 yrs
Median household income: $91,250
Median home value: $155,400
Median gross rent: $1,063
Housing units: 226
Homeownership rate: 96.1%
Bachelor's degree or higher: 17.9%
Unemployment rate: 1.0%

Trends

ACS 5-year · 2019–2023

Population

518490

Median household income

$55,625$91,250

Median home value

$114,300$155,400

Median gross rent

$632$1,063

Year	Population	Median household income	Median home value	Median gross rent
2019	518	$55,625	$114,300	—
2020	445	$63,542	$113,300	$632
2021	534	$77,000	$120,700	$688
2022	516	$90,000	$148,000	$713
2023	490	$91,250	$155,400	$1,063

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 58.6%

5 to 177.1%

18 to 249.0%

25 to 3416.3%

35 to 447.8%

45 to 5413.5%

55 to 6417.8%

65 to 7411.0%

75 and over9.0%

	Count	Share
Under 5	42	8.6%
5 to 17	35	7.1%
18 to 24	44	9.0%
25 to 34	80	16.3%
35 to 44	38	7.8%
45 to 54	66	13.5%
55 to 64	87	17.8%
65 to 74	54	11.0%
75 and over	44	9.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	486	99.2%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	4	0.8%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma1.9%

High school graduate39.6%

Some college or associate's40.7%

Bachelor's degree17.3%

Graduate or professional degree0.5%

	Count	Share
No high school diploma	7	1.9%
High school graduate	146	39.6%
Some college or associate's	150	40.7%
Bachelor's degree	64	17.3%
Graduate or professional degree	2	0.5%

Commute to work

Mean travel time to work: 21 min

Drove alone89.7%

Carpooled0.7%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home8.9%

Other means0.7%

How workers get to work

	Count	Share
Drove alone	271	89.7%
Carpooled	2	0.7%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	27	8.9%
Other means	2	0.7%

Travel time

	Count	Share
Under 15 min	56	20.4%
15 to 29 min	140	50.9%
30 to 44 min	72	26.2%
45 to 59 min	0	0.0%
60+ min	7	2.5%

Households

Average household size: 2.39
Poverty rate: 1.6% (8 of 490)

	Count	Share
Family households	118	57.6%
Nonfamily households	87	42.4%

Housing

Median year structure built: 1963

Occupancy

	Count	Share
Occupied	205	90.7%
Vacant	21	9.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	197	96.1%
Renter-occupied	8	3.9%

1-unit, detached95.6%

1-unit, attached0.9%

2 to 4 units1.3%

5 to 19 units2.2%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	216	95.6%
1-unit, attached	2	0.9%
2 to 4 units	3	1.3%
5 to 19 units	5	2.2%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1957720
Type (LSAD): 25
Land area: 0.44 sq mi
Water area: 0 sq mi
Center point: 41.9022, -91.9228