Norwood borough, New Jersey Demographics & Population 2026
As of 2026, Norwood borough, New Jersey has a total population of 5,668, the 272nd largest city in New Jersey, with a median household income of $164,766, which is 63% higher than the state average. The poverty rate is 3.3%.
Key Takeaways
- Household income is 63% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 3.3% — among the lowest in New Jersey.
- Near full employment with an unemployment rate of just 1.2%.
Norwood borough Quick Facts
How Norwood borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Norwood borough Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Bergen County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hackensack city | 45,768 | $82,212 | 11.3% | $370,300 |
| Fort Lee borough | 39,818 | $105,535 | 8.4% | $422,200 |
| Fair Lawn borough | 35,153 | $147,952 | 6.1% | $532,700 |
| Garfield city | 32,502 | $75,701 | 14.2% | $454,300 |
| Englewood city | 29,342 | $101,398 | 9.8% | $497,500 |
| Bergenfield borough | 28,269 | $124,083 | 6.1% | $469,200 |
| Paramus borough | 26,500 | $139,707 | 5.5% | $736,000 |
| Ridgewood village | 26,076 | $217,250 | 3.7% | $882,700 |
| Lodi borough | 25,946 | $84,570 | 16.0% | $449,200 |
| Cliffside Park borough | 25,580 | $94,960 | 11.3% | $577,200 |
Cities Similar to Norwood borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Manasquan borough | 5,915 | $156,542 | $947,100 | 73.0% | 1.8% |
| Towaco CDP | 5,627 | $197,696 | $690,900 | 73.0% | 1.6% |
| Franklin Center CDP | 5,770 | $138,643 | $565,200 | 68.2% | 5.6% |
| Roseland borough | 6,211 | $160,644 | $640,600 | 66.1% | 2.3% |
| Oceanport borough | 6,130 | $156,196 | $685,800 | 51.6% | 2.9% |
Population Overview
Norwood borough is a small city located in New Jersey, within Bergen County. The total population is 5,668. It ranks as the 272nd most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Norwood borough is 47.5 years. This is 18% higher than the state median of 40.1 years. 12.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Norwood borough is $164,766. This is 63% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 110% higher. The poverty rate stands at 3.3%. This is 66% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.2%. This is 81% lower than the state rate of 6.2%. The median home value is $676,400. Housing costs are 58% higher than the state median of $427,600. The home-value-to-income ratio is 4.1x. 80.2% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 63.7%.
Race & Ethnicity
The largest racial or ethnic group in Norwood borough is White (non-Hispanic), making up 59.3% of the population. Asian residents account for 30.3%. The Black or African American population (1.2%) is well below the state average of 12.3%. The Hispanic or Latino population (6.4%) is well below the state average of 21.9%. The Asian population is significantly higher than the state average (30.3% vs 9.8%).
Education
60.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.4%. Notably, 20.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Norwood borough, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Norwood borough, New Jersey?
Norwood borough, New Jersey has a population of 5,668 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Norwood borough, NJ?
The median household income in Norwood borough is $164,766, which is 110% higher the national median of $78,538.
What is the poverty rate in Norwood borough, NJ?
The poverty rate in Norwood borough is 3.3%. This means approximately 184 residents live below the federal poverty line.
What is the racial makeup of Norwood borough, New Jersey?
Norwood borough's population is 59.3% White, 1.2% Black, 6.4% Hispanic/Latino, and 30.3% Asian.
What is the median home value in Norwood borough, NJ?
The median home value in Norwood borough is $676,400. The home-value-to-income ratio is 4.1x.
How educated is Norwood borough, New Jersey?
60.0% of adults (25+) in Norwood borough hold a bachelor's degree or higher, and 20.7% hold a graduate or professional degree.