Pros and Cons of Living In Norwood, Ohio. Is Norwood, OH a Nice Place To Live or Retire?

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Norwood, Ohio

Moving to Norwood In Ohio ? Is Norwood, OH a Nice Place To Live? Pros and Cons of Living in Norwood, Ohio. Find out the best and worst about to live, raise a family or retire in Norwood.

Norwood is the third most populous city in Hamilton County, Ohio, United States, and an enclave of the larger city of Cincinnati. The population was 19,043 at the 2020 census. Originally settled as an early suburb of Cincinnati in the wooded countryside north of the city, the area is characterized by older homes and tree-lined streets.

DEMOGRAPHICS

Population
19843
Unemployment
4.9%
4% NAT AVG.
Poverty
20.6%
47% NAT AVG.
Cost Of Living
89
11% NAT AVG.

ECONOMICS

Median Home Cost
$146800
36% NAT AVG.
Median Income
$45541
33% NAT AVG.
Median Rent
$764
34% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 20
People Earning < $10,000
1 in 13
People Earning < $50,000
53.8%
People With Any Degree
1 in 2.5

ETHNICITY

Ethnicity Norwood USA
White 81.1% 60.1%
African American 10.2% 12.2%
American Indian 0% 0.6%
Asian 1.1% 5.6%
Hawaiian 0.9% 0.2%
Multiracial 1.6% 2.8%
Hispanic 4.7% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Norwood USA
Less than $10,000 7.5% 5.8%
$10,000 to $14,999 3.5% 4.1%
$15,000 to $24,999 14.2% 8.5%
$25,000 to $34,999 12.3% 8.6%
$35,000 to $49,999 16.3% 12.0%
$50,000 to $74,999 16.1% 17.2%
$75,000 to $99,999 11% 12.8%
$100,000 to $149,999 11.2% 15.6%
$150,000 to $199,999 5.3% 7.1%

EDUCATION

Education Norwood USA
< 9th Grade 4% 5.0%
9-12th Grade 9% 7.0%
High School or GED 30% 27.0%
Other College 17% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 20% 20.0%
Master's Degree 9% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Norwood is a city in Ohio state in USA with a population of 19843 residents.. The poverty rate of Norwood is 20.6%, which is 47% higher than national average. The typical household in Norwood earns $45541 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 53.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Norwood remained 4.9%, which is 4% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Norwood is 89, which is 11% lower than national average. In Norwood, only 32% of adults have a bachelor's degree and 25% have some college but no degree. Median home value in Norwood is $146800 , which is 36% lower than national average. While median income in Norwood remained $45541, which is 33% lower than national average.
Norwood Scorecard

Jobs60%

Housing60%

Affordability60%

Safety95%

Amenities95%

Diversity80%

Education70%

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