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Norwood, IL
Considering Norwood, IL for your next move? This cozy village of about 430 residents offers affordable living, with median home prices around $89,000 and average rent at $750. Commutes are short at just under 20 minutes, while local crime rates are moderate compared to national averages. Families benefit from small community schools and proximity to Peoria’s healthcare and higher education. Enjoy seasonal Midwest weather and a close-knit, peaceful atmosphere.
Norwood, IL is a small, close-knit village with a population of approximately 430 people and a median age of 45, reflecting a mature community. The area is predominantly White, with a balanced gender ratio and a moderate population density of 2,150 residents per square mile. A small percentage of residents speak languages other than English, supporting a friendly, neighborly atmosphere.
Norwood offers a highly affordable cost of living, with median home values around $89,000 and average rents of $750, making it attractive for budget-conscious movers. Utilities and other everyday expenses are lower than national averages, as reflected in a cost of living index of 83.1. State income taxes are flat at 4.95%, helping residents manage their finances easily.
Norwood experiences moderate crime rates, with violent crime occurring at a rate of 320 per 100,000 people and property crime at 2,100 per 100,000. Residents have a 1 in 312 chance of being a victim of violent crime, which is relatively typical for small Midwestern communities. The village maintains a safe, peaceful environment overall, though property crime warrants some caution.
Residents of Norwood enjoy four distinct seasons, with warm summers reaching up to 85°F and cold winters dipping to 17°F. The area receives about 36 inches of annual rainfall and sees sunshine 56% of the year. This classic Midwest climate is ideal for those who appreciate seasonal changes and outdoor activities.
The village features a median household income of $54,500 and a poverty rate of 12.6%, reflecting a modest but stable community. Most residents commute under 20 minutes to work, with very low reliance on public transportation. Education levels are solid, with nearly 90% holding at least a high school diploma.
Families in Norwood benefit from small public schools with low student-to-teacher ratios, fostering personalized learning. The village is also close to quality private schools and higher education institutions like Bradley University and Illinois Central College, located within a short drive. This range of educational options supports students from early childhood through college.
Norwood residents have convenient access to major hospitals in nearby Peoria, such as UnityPoint Health and OSF Saint Francis Medical Center, both offering comprehensive emergency services. The area has 2.1 physicians per 1,000 people, and over 91% of locals have health insurance coverage. Healthcare services are reliable and accessible for families and individuals alike.
The local housing market is highly accessible, with a median home price of $89,000 and a strong owner-occupancy rate of 81.5%. Renters can find two-bedroom units for about $750 per month, and the market has seen a steady appreciation of 4.2% over the past year. Low foreclosure and vacancy rates suggest a stable environment for both buyers and renters.
Residents can access DMV services at the Illinois Secretary of State Facility in nearby Peoria, providing convenient vehicle registration and licensing options. The location offers comprehensive services and has a helpful online portal. This makes managing driving and vehicle needs straightforward for Norwood locals.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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