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Last Updated: 11/30/2022

Norwood Apartment Features

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All About

Living In Norwood, MA

Norwood is a small city in Massachusetts with a population of just over 29,000. It's a nice place to settle down, as retirees account for a greater percentage of the population (17%) here than they do nationally (14%), while young adults feature less prominently in the demographics. Renters tend to be in the minority in the area, and 59% of residents own their homes. Relatively high rent costs could be a contributing factor, as the average rent of $1,346/month is substantially higher than the state average of $1,218.

Norwood has a high concentration of residents older than 25 with advanced degrees compared to the national average (7%), as 11% have earned a Master's or a Doctoral degree. Furthermore, 22% have earned a Bachelor's degree, which also outpaces the national average. Many Norwood residents work in one of four industries: healthcare, retail, scientific, and education. Together, these industries account for 29% of the city's workforce. Meanwhile, in terms of job function, many residents work in management, as 10% of the city's population reports this as their field of work, the highest number of any career path. Norwood workers earn an average annual income of just over $96K, around $13,000 more than those elsewhere in Massachusetts. Norwood's average income also compares favorably to the national average of $73,345.

Norwood residents have an average commute of about 35 minutes, longer than the state average of about 31 minutes. Driving is the most common way to get to work, selected by 45% of workers, while public transportation is used by just 5% of the city. Walking isn't a common method of commuting to work.



Frequently Asked Questions About Norwood

How much does it cost to rent in Norwood, MA?

Our Price Sort filter can help you find a rental at a cost that's perfect for your budget.

What is the average cost of rent for a one-bedroom in Norwood?

The average rent of a one-bedroom apartment in Norwood is $2,740

Are there any cheap apartments for rent in Norwood?

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