Also See Norwood, NJ: ZIP Codes & Maps
The Borough of Norwood had a population of 5,892 as of July 1, 2023.
The primary coordinate point for Norwood is located at latitude 40.9982 and longitude -73.9618 in Bergen County. The formal boundaries for the Borough of Norwood encompass a land area of 2.73 sq. miles and a water area of 0.01 sq. miles. Bergen County is in the Eastern time zone (GMT -5).
The Borough of Norwood has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 5,892 (100%) |
Population in Households | 5,731 (97.3%) |
Population in Families | 5,206 (88.4%) |
Population in Group Quarters1 | 161 ( 2.7%) |
Population Density | 2,116 |
Diversity Index2 | 63 |
INCOME | |
Median Household Income | $145,077 |
Average Household Income | $188,778 |
% of Income for Mortgage4 | 29% |
Per Capita Income | $65,234 |
Wealth Index5 | 238 |
Socioeconomic Status Index6 | High (67.4) |
HOUSING | |
---|---|
Total HU (Housing Units) | 2,114 (100%) |
Owner Occupied HU | 1,696 (80.2%) |
Renter Occupied HU | 338 (16.0%) |
Vacant Housing Units | 80 ( 3.8%) |
Median Home Value | $687,792 |
Average Home Value | $762,412 |
Housing Affordability Index3 | 77 |
HOUSEHOLDS | |
Total Households | 2,034 |
Average Household Size | 2.82 |
Family Households | 1,606 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 1.35% | 0.70% |
Households | 1.42% | 0.85% |
Families | 0.87% | |
Median Household Income | 2.55% | |
Per Capita Income | 2.86% | |
Owner Occupied HU | 1.22% |
The table below compares Norwood to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 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 | # 263 | 63rd |
Population Density | # 357 | 49th |
Median Household Income | # 123 | 83rd |
Housing Affordability Index | # 264 | 38th |
Per Capita Income | # 204 | 71st |
Diversity Index | # 245 | 65th |
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.
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