Norwood

Population: 3,110
Median household income: $57,953
Median home value: $178,900

Located in Stanly County, North Carolina, Norwood is a community with a population of 3,110. Its median household income of $57,953 runs below the Stanly County figure of $61,631.

Between 2019 and 2023, Norwood's population grew 38.7% from 2,243 to 3,110, while its median home value rose 85.0% from $96,700 to $178,900.

19.5% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 64.3% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 3,110
Median age: 43.0 yrs
Median household income: $57,953
Median home value: $178,900
Median gross rent: $891
Housing units: 1,514
Homeownership rate: 64.3%
Bachelor's degree or higher: 19.5%
Unemployment rate: 5.7%

Trends

ACS 5-year · 2019–2023

Population

2,2433,110

Median household income

$43,929$57,953

Median home value

$96,700$178,900

Median gross rent

$739$891

Year	Population	Median household income	Median home value	Median gross rent
2019	2,243	$43,929	$96,700	$739
2020	2,831	$51,088	$127,900	$738
2021	2,648	$53,014	$139,200	$753
2022	2,906	$55,897	$146,900	$817
2023	3,110	$57,953	$178,900	$891

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

Age distribution

Under 54.1%

5 to 1711.8%

18 to 2411.3%

25 to 3415.2%

35 to 449.9%

45 to 5417.6%

55 to 6414.9%

65 to 7410.9%

75 and over4.3%

	Count	Share
Under 5	127	4.1%
5 to 17	368	11.8%
18 to 24	351	11.3%
25 to 34	474	15.2%
35 to 44	308	9.9%
45 to 54	546	17.6%
55 to 64	462	14.9%
65 to 74	339	10.9%
75 and over	135	4.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,108	67.8%
Black or African American	876	28.2%
American Indian & Alaska Native	0	0.0%
Asian	16	0.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	35	1.1%
Hispanic or Latino (any race)	75	2.4%

Educational attainment (age 25+)

No high school diploma14.1%

High school graduate36.0%

Some college or associate's30.3%

Bachelor's degree14.7%

Graduate or professional degree4.8%

	Count	Share
No high school diploma	320	14.1%
High school graduate	816	36.0%
Some college or associate's	687	30.3%
Bachelor's degree	333	14.7%
Graduate or professional degree	108	4.8%

Commute to work

Mean travel time to work: 28 min

Drove alone76.5%

Carpooled13.0%

Public transit0.0%

Walked0.1%

Bicycle0.0%

Worked from home10.2%

Other means0.3%

How workers get to work

	Count	Share
Drove alone	1,134	76.5%
Carpooled	192	13.0%
Public transit	0	0.0%
Walked	1	0.1%
Bicycle	0	0.0%
Worked from home	151	10.2%
Other means	4	0.3%

Travel time

	Count	Share
Under 15 min	273	20.5%
15 to 29 min	539	40.5%
30 to 44 min	231	17.4%
45 to 59 min	109	8.2%
60+ min	179	13.4%

Households

Average household size: 2.64
Poverty rate: 10.8% (336 of 3,110)

	Count	Share
Family households	700	59.6%
Nonfamily households	475	40.4%

Housing

Median year structure built: 1964

Occupancy

	Count	Share
Occupied	1,175	77.6%
Vacant	339	22.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	755	64.3%
Renter-occupied	420	35.7%

1-unit, detached87.7%

1-unit, attached0.3%

2 to 4 units7.1%

5 to 19 units0.4%

20 or more units0.8%

Mobile home & other3.6%

Units in structure

	Count	Share
1-unit, detached	1,328	87.7%
1-unit, attached	5	0.3%
2 to 4 units	108	7.1%
5 to 19 units	6	0.4%
20 or more units	12	0.8%
Mobile home & other	55	3.6%

Geography

Place GEOID: 3747980
Type (LSAD): 43
Land area: 4.64 sq mi
Water area: 0.01 sq mi
Center point: 35.2328, -80.1108