Norwood is a somewhat small borough located in the state of New Jersey. With a population of 5,729 people and just one neighborhood, Norwood is the 293rd largest community in New Jersey.
Norwood home prices are not only among the most expensive in New Jersey, but Norwood real estate also consistently ranks among the most expensive in America.
Norwood is a decidedly white-collar borough, with fully 90.78% of the workforce employed in white-collar jobs, well above the national average. Overall, Norwood is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Norwood who work in management occupations (20.79%), sales jobs (15.53%), and office and administrative support (10.13%).
Also of interest is that Norwood has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Norwood is also a borough of artists. Norwood has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Norwood’s character.
Telecommuters are a relatively large percentage of the workforce: 21.25% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Norwood is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Norwood’s overall crime rate is lower than average for the country.
One downside of living in Norwood is that it can take a long time to commute to work. In Norwood, the average commute to work is 32.08 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
Despite being a small borough, Norwood has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
If knowledge is power, Norwood is a pretty powerful place. 60.00% of the adults in Norwood have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Norwood in 2022 was $64,002, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $256,008 for a family of four.
Norwood is an extremely ethnically-diverse borough. The people who call Norwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Norwood residents report their race to be White, followed by Asian. Important ancestries of people in Norwood include Italian, Irish, German, Polish, and English.
In addition, Norwood has a lot of people living here who were born outside of the US (27.42%).
The most common language spoken in Norwood is English. Other important languages spoken here include Korean and Spanish.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the neighborhood is wealthier than 95.1% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.
Did you know that the neighborhood has more Greek and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Greek ancestry and 30.3% have Asian ancestry.
is also pretty special linguistically. Significantly, 23.6% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Norwood are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.1% of the neighborhoods in America. In addition, 0.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 80.2% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 56.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.4%), and 9.2% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 61.5% of households. Other important languages spoken here include Korean, Spanish and Langs. of India.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Norwood, NJ, residents most commonly identify their ethnicity or ancestry as Asian (30.3%). There are also a number of people of Italian ancestry (15.4%), and residents who report Irish roots (12.8%), and some of the residents are also of German ancestry (8.4%), along with some Polish ancestry residents (3.7%), among others. In addition, 27.4% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (25.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (60.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (11.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.