Northwood has a population of approximately 5,195 and experiences a population change rate of -5.05%. The population density is 607.4 / sq mi .
Northwood has a population of approximately 5,195 and experiences a population change rate of -5.05%. The population density is 607.4 / sq mi .
The median household income for Northwood is $72,434, with 2,290 households and an average household size of 2.27.
The median value of a home in Northwood is $156,600 with an appreciation rate of 14.20%. 71.91% of housing in the state is owned while 22.68% is rented.
The cost of living in Northwood is 84.1 %.
The unemployment rate in Northwood is 2.80%, and recent job growth is at 1.46%. Future job growth is projected at 35.84%.
The sales tax rate in Northwood is 7.75%, while the income tax rate is 3.23% .
School expenditures in Northwood are $15,758, and the school ratio is 17.3:1.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 33.9 inches per year, with 29.5 inches of snow per year.