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Norwood, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Norwood, Illinois had a total population of 532, the 914th largest village in Illinois, with a median household income of $69,583, which is 17% lower than the state average. The poverty rate is 13.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Norwood Quick Facts

Population 532
Median Household Income $69,583
Median Home Value $97,000
Poverty Rate 13.7%
Unemployment Rate 5.3%
Median Age 38.7 years
Homeownership Rate 91.4%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 5.6%
High School Graduation Rate 90.6%
Diversity Index 36/100
Population 532 914th of 1,445
Median Income $69,583 average
Poverty Rate 13.7% 10% higher than national
Median Home Value $97,000 below average

How Norwood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population501532+6.2%
Median household income$68,750$69,583+1.2%
Median home value$93,500$97,000+3.7%

How Norwood Compares

Economy & Housing

Household Income Distribution

Under $25K 12.2%
$25K-$50K 17.6%
$50K-$100K 38.3%
$100K+ 32.0%
Detailed income brackets
Under $10K
4.0%
$10K-$15K
4.0%
$15K-$20K
1.4%
$20K-$25K
2.7%
$25K-$30K
0.0%
$30K-$35K
1.8%
$35K-$40K
3.6%
$40K-$45K
1.8%
$45K-$50K
10.4%
$50K-$60K
7.7%
$60K-$75K
14.4%
$75K-$100K
16.2%
$100K-$125K
23.4%
$125K-$150K
5.4%
$150K-$200K
2.3%
$200K+
0.9%

Employment

5.3% Unemployment Rate State: 5.8%|National: 5.2%
71.0% Labor Force Participation

Housing Overview

Owner 91.4%
Renter 8.6%
Affordability Index Very Affordable
1.4x home value to income ratio
Median gross rent $975/mo 16.8% of median household income annually

People & Demographics

Diversity Index

36out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Norwood Rankings in Illinois

#914 Population of 1,445
#667 Median Income of 1,374
#1279 Education of 1,444
#908 Home Value of 1,372

Other Cities in Peoria County

CityPopulationMedian IncomePovertyHome Value
Peoria 112,169 $59,410 21.0% $156,200
Pekin 31,781 $60,790 12.8% $120,700
Chillicothe 5,900 $66,132 3.7% $132,900
Bartonville 5,841 $72,821 7.1% $139,100
Peoria Heights 5,825 $60,099 8.2% $117,700
West Peoria 4,238 $66,098 8.4% $93,900
Elmwood 2,327 $90,285 10.1% $153,500
Bellevue 2,106 $60,987 11.6% $121,300
Farmington 2,050 $65,223 11.0% $101,300
Rome 1,947 $88,750 6.5% $159,800

Cities Similar to Norwood

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bluffs531$69,250$73,60018.0%4.7%
Hoyleton523$71,094$100,00021.1%15.1%
Como535$63,750$175,70010.3%20.6%
Dawson536$76,339$91,00010.4%6.6%
Creston550$66,667$167,40031.1%9.1%

A note before these figures: with a population of 532, Norwood's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Norwood is a small community located in Illinois, within Peoria County. The total population is 532. It ranks as the 914th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Norwood is 38.7 years. This is about the same as the state median of 39.0 years. With 31.6% of the population under 18, Norwood has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Norwood is $69,583. This is 17% lower than the state median of $83,390. It is also 14% lower than the national median of $80,734. The poverty rate stands at 13.7%. This is 16% higher than the state poverty rate of 11.8%. The unemployment rate is 5.3%. This is 9% lower than the state rate of 5.8%. The median home value is $97,000. Housing costs are 63% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.4x, Norwood is one of the most affordable housing markets in the area. 91.4% of occupied housing units are owner-occupied. This homeownership rate is 36% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Norwood is White (non-Hispanic), making up 76.7% of the population. Asian residents account for 0.6%. The Asian population (0.6%) is well below the state average of 5.9%.

Education

5.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 85% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.6%.

Data Sources & Methodology

All demographic data for Norwood, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Norwood, Illinois?

Norwood, Illinois has a population of 532 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Norwood, IL?

The median household income in Norwood is $69,583, which is 14% lower than the national median of $80,734.

What is the poverty rate in Norwood, IL?

The poverty rate in Norwood is 13.7%. This means approximately 73 residents live below the federal poverty line.

What is the racial makeup of Norwood, Illinois?

Norwood's population is 76.7% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Norwood, IL?

The median home value in Norwood is $97,000. The home-value-to-income ratio is 1.4x.

How educated is Norwood, Illinois?

5.6% of adults (25+) in Norwood hold a bachelor's degree or higher, and 0.6% hold a graduate or professional degree.