Norwood employment information

IndexNorwoodMichiganNational
Income per capita$31,621$27,549$29,829
Median household income$61,389$50,803$55,322
Median income owner occupied$61,667$62,251$70,586
Median income renter occupied$0$28,598$35,192
Median earnings male$38,750$35,730$36,919
Median earnings female$21,429$22,948$26,250
Unemployment rate5.5%5.2%4.7%
Poverty level2.6%16.3%15.1%
The Norwood, MI employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Norwood is $31,621, which is 15% higher than than the Michigan average and 6% higher than than the national average. The median household income is $61,389, which is 21% higher than than the Michigan average and 11% higher than than the national average. The unemployment rate in Norwood is 5%, which is 17% higher than than the national average. The poverty rate in Norwood is 3% which is 83% lower than than the national average.

am i middle class

$Input your household income
$40,921$61,389$122,778
City
$33,865$50,803$101,606
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.

Did you know?

  • The income per capita in Norwood is 6% higher than the national average.
  • The median household income in Norwood is 11% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Norwood is 17% higher than the national average.
  • The poverty level in Norwood is 83% lower than the national average.

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Compare Norwood, MI Employment To Other Cities

Employment status

Hours worked per week

Norwood median earnings by income bracket

Norwood employment by industry

Labour TypeMaleFemale
Construction industry27.8%0.0%
Manufacturing sector22.2%0.0%
Financial & insurance services0.0%0.0%
Wholesale & retail services8.3%24.1%
Public administration0.0%0.0%
Transportation, warehousing & utilities0.0%0.0%
Education, health & social services19.4%41.4%
Other22.2%3.4%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Omena, MI236$74,30634%
Advance, MI280$67,08321%
Horton Bay, MI498$64,37516%
Ironton, MI193$61,80612%
Eastport, MI231$52,1436%
Norwood, MI155$61,38911%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Dargan, MD155$47,42214%
Goodrich, ND155$47,65614%
Germantown, KY155$51,0718%
Fallon, MT155$39,75028%
Shevlin, MN155$50,5009%
Norwood, MI155$61,38911%
Source: The Norwood, MI employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).