Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Cost Of Living
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
Located in the state of New Jersey, Norwood is a small city with a population of 5,789 people. Something to be aware of when living in Norwood are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 35 minutes, this comes in much higher than the national average of 26 minutes.
Living in Norwood can be a great experience for anyone relocating to the city. Having said that, in the state of New Jersey, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Norwood and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, health & safety, education and other important metrics.
The livability score in Norwood is 62/100 and the city is ranked in the 50th percentile of all cities across America. Based on the rankings for each individual category, Norwood has been rewarded with high marks for crime (A+), education (A-) and housing (B-). There are some categories that Norwood scores poorly for, including: amenities (F). It might be worth taking a closer look to determine why.
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Norwood gets top scores for their low violent crime rates of 0 crimes per 100,000 residents, which are significantly lower than the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Norwood, the unemployment rate stands at 1.29%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Norwood, the schools boast an impressive average test score of 68%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Norwood apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Norwood meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Norwood. Everything else becomes a lot less important if it turns out that home prices in Norwood are simply unattainable. Median real estate prices in Norwood come in at $629,900, which is 99.1% higher than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Norwood, the home price to income ratio is 4.8, which is 11.6% higher than the New Jersey average.
| Statistic | Norwood | New Jersey | National |
| Average one way commute | 35min | 31min | 26min |
| Workers who drive to work | 68.8% | 71.7% | 76.4% |
| Workers who carpool | 12.8% | 8.1% | 9.3% |
| Workers who take public transit | 7.4% | 11.2% | 5.1% |
| Workers who bicycle | 0.4% | 0.3% | 0.6% |
| Workers who walk | 2.0% | 3.0% | 2.8% |
| Working from home | 7.9% | 4.1% | 4.6% |
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