Everything You Should Know Before Moving to Norwood, NC
Considering a move to Norwood, NC? This close-knit town of about 2,300 offers affordable living, with median home prices around $172,000 and average rents near $850. Norwood enjoys mild winters, 64% sunny days, and a low average commute of 27 minutes. While the community is small, residents benefit from local healthcare options, a peaceful lifestyle, and access to education, making it a pleasant spot for those seeking a laid-back, budget-friendly environment.
Demographics - Norwood, NC
Demographics - Norwood, NC
Norwood, NC is a small, close-knit community of just over 2,300 residents, with a median age of 42.7 years and a population density of 800 per square mile. The town features a predominantly White and Black population, and about 5.5% of residents speak a language other than English at home, reflecting a modest level of diversity.
Population:
2,306
Density:
800 per sq mi
Median Age:
42.7
Gender Ratio:
94 males per 100 females
Non-English Speakers Percentage:
5.5%
Ethnic Composition
White:
72.2%
Black:
20.8%
Asian:
0.6%
Others:
6.4%
Cost Of Living
What is the average cost of living in Norwood, NC?
Living in Norwood is affordable, with a cost of living index well below the national average and median home values around $172,000. Residents enjoy low housing and utility costs, making it an attractive choice for budget-conscious families and retirees.
Median House Value:
$172,000
Gross Rent:
$850
Monthly Electricity Charges:
$125
Auto Insurance:
$1,010
House Owner Cost With Mortgage:
$1,135
House Owner Cost Without Mortgage:
$370
State Taxes:
Low:
5.25%
|
High:
5.25%
Cost Of Living Index:
82.5
Grocery:
92.0
Housing:
68.0
Utilities:
98.0
Transportation:
86.5
Health Care:
91.7
Miscellaneous:
93.0
Crime
Is Norwood, NC a safe place to live?
Norwood experiences relatively low violent crime, with a rate of 230 incidents per 100,000 people, but property crime is more common, with a 1 in 50 chance annually. Overall, the town remains a safe place for families, with crime levels typical for small communities.
Violent Crimes Per 100k:
230
Property Crimes Per 100k:
2,010
Crime Index:
2,240
Chance Of Violent Crime:
1 in 435
Chance Of Property Crime:
1 in 50
Weather
What is the weather like in Norwood, NC year-round?
Norwood enjoys a mild climate, with winter lows near 30°F and summer highs approaching 89°F. The area receives about 46.5 inches of rainfall annually and enjoys sunny weather around 64% of the year, making for pleasant outdoor living.
Winter
Min:
30°F
Max:
52°F
Spring
Min:
48°F
Max:
74°F
Summer
Min:
67°F
Max:
89°F
Fall
Min:
50°F
Max:
74°F
Average Rainfall Inches:
46.5 inches
Sunny Days Percentage:
64%
Neighbors
Residents of Norwood typically have a median household income of $47,500 and a poverty rate of 17.7%. Most adults have completed high school, and the average commute is about 27 minutes, contributing to the town’s relaxed, small-town atmosphere.
Median Income:
$26,000
Household Income:
$47,500
Family Income:
$54,800
Per Capita Income:
$22,700
Income Male:
$36,000
Income Female:
$31,000
Poverty Rate:
17.7%
Non English Speakers:
5.5%
Rent:
$850
Unemployment Rate:
4.6%
Public Transport Usage:
0.7%
Commute Time:
27.4 minutes
Education
High School or Higher:
81.2%
Bachelors or More:
14.7%
Education
How are the schools in Norwood, NC?
Families in Norwood benefit from local schools like Norwood Elementary, offering a low student-teacher ratio, and access to higher education at Stanly Community College just 13 miles away. Educational opportunities support both young learners and adults seeking career advancement.
Public Schools
Name:
Norwood Elementary School
Street:
400 S Main St
Phone:
704-961-4300
Students:
420
Student Teacher Ratio:
14.2
Colleges
Name:
Stanly Community College
City:
Albemarle
State:
NC
Distance:
13 miles
Students:
2,600
Healthcare
Access to healthcare in Norwood is supported by nearby facilities like Atrium Health Stanly, and about 90% of residents have health insurance. With 1.7 physicians per 1,000 people, locals benefit from a reasonable level of medical care for a town its size.
Major Hospitals
Name:
Atrium Health Stanly
Address:
301 Yadkin St, Albemarle, NC 28001
Phone:
(980) 323-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
90.2%
Health Care Index:
75.4
Housing Market
What is the housing market like in Norwood, NC?
Norwood’s housing market is affordable, with a median home price of $172,000 and a high owner-occupancy rate of nearly 64%. Home values are appreciating, and rental options are available with average rents of $850 for a two-bedroom unit.
Median Home Price:
$172,000
Average Rent For 2 Bedroom:
$850
Owner Occupied Rate:
63.7%
Rental Vacancy Rate:
8.4%
Home Appreciation Rate (1yr):
6.3%
New Construction Rate:
1.0%
Foreclosure Rate:
0.7%
DMV Information
Norwood residents are served by the North Carolina Division of Motor Vehicles located in nearby Albemarle, providing convenient access to essential licensing and vehicle services. The DMV offers standard driver, registration, and titling services both in-person and online.
State:
North Carolina
Department:
North Carolina Division of Motor Vehicles
Address:
601 N. 1st Street, Albemarle, NC 28001
Phone:
(919) 715-7000
Website:
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.