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Norwood, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Norwood, North Carolina had a total population of 2,433, the 304th largest town in North Carolina, with a median household income of $51,639, which is 29% lower than the state average. The poverty rate is 8.6%.

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

Norwood Quick Facts

Population 2,433
Median Household Income $51,639
Median Home Value $185,200
Poverty Rate 8.6%
Unemployment Rate 6.6%
Median Age 38.1 years
Homeownership Rate 59.3%
Affordability Ratio 3.6x
Bachelor's Degree or Higher 20.0%
High School Graduation Rate 84.1%
Diversity Index 52/100
Population 2,433 304th of 772
Median Income $51,639 below average
Poverty Rate 8.6% 31% lower than national
Median Home Value $185,200 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
Population3,1102,433-21.8%
Median household income$57,953$51,639-10.9%
Median home value$178,900$185,200+3.5%

How Norwood Compares

Economy & Housing

Household Income Distribution

Under $25K 28.2%
$25K-$50K 18.5%
$50K-$100K 30.0%
$100K+ 23.3%
Detailed income brackets
Under $10K
6.8%
$10K-$15K
2.1%
$15K-$20K
11.0%
$20K-$25K
8.3%
$25K-$30K
4.6%
$30K-$35K
1.1%
$35K-$40K
5.3%
$40K-$45K
2.6%
$45K-$50K
4.8%
$50K-$60K
6.2%
$60K-$75K
11.9%
$75K-$100K
11.9%
$100K-$125K
7.8%
$125K-$150K
6.5%
$150K-$200K
5.9%
$200K+
3.2%

Employment

6.6% Unemployment Rate State: 4.7%|National: 5.2%
63.0% Labor Force Participation

Housing Overview

Owner 59.3%
Renter 40.7%
Affordability Index Affordable
3.6x home value to income ratio
Median gross rent $919/mo 21.4% of median household income annually

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 58 | National average: 61

Education

Norwood Rankings in North Carolina

#304 Population of 772
#477 Median Income of 716
#440 Education of 772
#431 Home Value of 725

Other Cities in Stanly County

CityPopulationMedian IncomePovertyHome Value
Albemarle 16,762 $46,881 24.9% $204,800
Oakboro 2,683 $69,100 5.5% $282,600
Badin 2,184 $53,145 19.6% $160,200
Stanfield 1,522 $79,250 9.3% $335,800
Richfield 937 $70,750 11.4% $219,900
Red Cross 903 $64,500 7.7% $257,000
Misenheimer 659 $60,417 21.9% $225,000
New London 608 $61,875 18.7% $296,200
Millingport 522 $84,464 2.9% $209,900
Aquadale 156 $69,063 0.0% $156,300

Cities Similar to Norwood

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Connelly Springs2,427$54,620$206,50015.3%9.2%
Fruitland2,398$48,025$133,10021.0%15.6%
South Rosemary2,475$47,466$86,80014.7%19.8%
Kenly2,359$57,045$205,2007.9%14.4%
Bladenboro2,249$52,337$99,50013.6%27.3%

Population Overview

Norwood is a small community located in North Carolina, within Stanly County. The total population is 2,433. It ranks as the 304th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Norwood is 38.1 years. This is 3% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Norwood is $51,639. This is 29% lower than the state median of $72,388. It is also 36% lower than the national median of $80,734. The poverty rate stands at 8.6%. This is 34% lower than the state poverty rate of 13.0%. The unemployment rate is 6.6%. This is 39% higher than the state rate of 4.7%. The median home value is $185,200. Housing costs are 36% lower than the state median of $288,900. The home-value-to-income ratio is 3.6x. 59.3% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Norwood is White (non-Hispanic), making up 60.6% of the population. Black or African American residents account for 32.9%. The Black or African American population is significantly higher than the state average (32.9% vs 20.0%). The Hispanic or Latino population (4.5%) is well below the state average of 11.3%. The Asian population (0.8%) is well below the state average of 3.3%.

Education

20.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.1%.

Data Sources & Methodology

All demographic data for Norwood, North Carolina 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 North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. 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, North Carolina?

Norwood, North Carolina has a population of 2,433 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Norwood, NC?

The median household income in Norwood is $51,639, which is 36% lower than the national median of $80,734.

What is the poverty rate in Norwood, NC?

The poverty rate in Norwood is 8.6%. This means approximately 208 residents live below the federal poverty line.

What is the racial makeup of Norwood, North Carolina?

Norwood's population is 60.6% White, 32.9% Black, 4.5% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Norwood, NC?

The median home value in Norwood is $185,200. The home-value-to-income ratio is 3.6x.

How educated is Norwood, North Carolina?

20.0% of adults (25+) in Norwood hold a bachelor's degree or higher, and 4.8% hold a graduate or professional degree.