Norwood, CO Employment - Median Household Income, Unemployment Rate

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Income/capita 29%

Household income 15%

Unemployment 9%

Index	Norwood	Colorado	National
Income per capita	$21,314	$33,230	$29,829
Median household income	$46,875	$62,520	$55,322
Median income owner occupied	$56,354	$79,776	$70,586
Median income renter occupied	$0	$39,538	$35,192
Median earnings male	$31,250	$40,003	$36,919
Median earnings female	$14,450	$27,854	$26,250
Unemployment rate	4.2%	4.0%	4.7%
Poverty level	18.1%	12.2%	15.1%

Key findings

The income per capita in Norwood is 29% lower than the national average
The median household income in Norwood is 15% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Norwood is 9% lower than the national average
The poverty level in Norwood is 20% higher than the national average

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am i middle class

$31,246$46,875$93,750

City

$41,675$62,520$125,040

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Norwood median earnings by income bracket

Norwood employment by industry

Labour Type	Male	Female
Construction industry	41.3%	0.0%
Manufacturing sector	0.9%	8.1%
Financial & insurance services	0.0%	11.4%
Wholesale & retail services	16.9%	26.8%
Public administration	2.3%	8.1%
Transportation, warehousing & utilities	6.1%	0.0%
Education, health & social services	7.0%	14.8%
Other	23.5%	32.9%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Redvale, CO	198	$42,232	24%
Naturita, CO	438	$32,614	41%
Nucla, CO	520	$31,042	44%
Norwood, CO	712	$46,875	15%

Cities with similar population

City, State	Population	Household Income	National Avg.
Bancroft, IA	712	$52,794	5%
Vader, WA	712	$39,886	28%
Queen Valley, AZ	712	$42,500	23%
Miller, MO	712	$36,023	35%
Wheatland, IA	712	$47,679	14%
Norwood, CO	712	$46,875	15%

Source: The Norwood, CO employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).