Norwood village, Illinois Demographics & Population 2026

Population Overview

Norwood village is a small community located in Illinois. The total population is 501. It ranks as the 942nd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Norwood village is 37.5 years. This is 4% lower than the state median of 38.9 years. With 31.7% of the population under 18, Norwood village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Norwood village is $68,750. This is 16% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 12% lower. The poverty rate stands at 12.7%. This is 8% higher than the state poverty rate of 11.7%. The unemployment rate is 2.3%. This is 60% lower than the state rate of 5.8%. The median home value is $93,500. Housing costs are 63% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.4x, Norwood village is one of the most affordable housing markets in the area. 88.1% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Norwood village is White (non-Hispanic), making up 79.4% of the population. Black or African American residents account for 1.4%. The Black or African American population (1.4%) is well below the state average of 13.6%. The Asian population (0.6%) is well below the state average of 5.8%.

Education

6.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 83% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.1%.

Data Sources & Methodology

All demographic data for Norwood village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.