| Index | Norwood | Michigan | National |
| Income per capita | $40,935 | $27,549 | $29,829 |
| Median household income | $73,750 | $50,803 | $55,322 |
| Median income owner occupied | $76,250 | $62,251 | $70,586 |
| Median income renter occupied | $0 | $28,598 | $35,192 |
| Median earnings male | $52,083 | $35,730 | $36,919 |
| Median earnings female | $22,344 | $22,948 | $26,250 |
| Unemployment rate | 7.3% | 5.2% | 4.7% |
| Poverty level | 3.2% | 16.3% | 15.1% |


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| Labour Type | Male | Female |
| Construction industry | 0.0% | 0.0% |
| Manufacturing sector | 27.3% | 27.3% |
| Financial & insurance services | 15.2% | 15.2% |
| Wholesale & retail services | 15.2% | 15.2% |
| Public administration | 6.1% | 6.1% |
| Transportation, warehousing & utilities | 9.1% | 9.1% |
| Education, health & social services | 21.2% | 21.2% |
| Other | 6.1% | 6.1% |
| City | Population | Household Income | National Avg. |
| Advance, MI | 372 | $97,500 | 76.2% |
| Northport, MI | 452 | $69,063 | 24.8% |
| Horton Bay, MI | 450 | $62,404 | 12.8% |
| Omena, MI | 145 | $61,250 | 10.7% |
| Ellsworth, MI | 337 | $60,000 | 8.5% |
| Norwood, MI | 156 | $73,750 | 33.3% |
| City | Population | Household Income | National Avg. |
| Winthrop, AR | 156 | $25,000 | 54.8% |
| Kirkwood, CA | 156 | $124,167 | 124.4% |
| Philo, CA | 156 | $31,250 | 43.5% |
| Rowan, IA | 156 | $43,750 | 20.9% |
| Kirwin, KS | 156 | $41,750 | 24.5% |
| Norwood, MI | 156 | $73,750 | 33.3% |