Norwood, NJ 07648 has a population of approximately 5,864 and experiences a population change rate of 1.88%. The population density is 2,105.6 / sq mi .
Norwood, NJ 07648 has a population of approximately 5,864 and experiences a population change rate of 1.88%. The population density is 2,105.6 / sq mi .
The median household income for Norwood, NJ 07648 is $144,390, with 1,921 households and an average household size of 2.85.
The median value of a home in Norwood, NJ 07648 is $673,100 with an appreciation rate of 9.00%. 81.75% of housing in the state is owned while 15.91% is rented.
The cost of living in Norwood, NJ 07648 is 178.7 %.
The unemployment rate in Norwood, NJ 07648 is 2.60%, and recent job growth is at 3.01%. Future job growth is projected at 49.30%.
The sales tax rate in Norwood, NJ 07648 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Norwood, NJ 07648 are $24,891, and the school ratio is 12.5:1.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 18.9 degrees. The average rainfall is approximately 47.1 inches per year, with 27.1 inches of snow per year.