Norwood, MA has a population of 29,018, including 82% white, 7% asian, and 6% latino.
|Median Income (Household)||$83,883|
|Number Of Employees||15,701|
|Median Property Value||$391,600|
The median household income in Norwood, MA is around $83,883, while the median age is 40.5. This city is a home to major universities: Universal Technical Institute of Massachusetts Inc, ITT Technical Institute-Norwood, and Special Focus Four-Year: Other Technology-Related Schools. 15,701 employees work in Norwood, MA. The homeownership rate among the residents is 57.52%. The median property value that you should keep in mind is $391,600.
Past year Norwood, MA universities awarded around 895 degrees. Statistics show that the population of students in Norwood, MA include 602 male students and 41 female students. Norwood, MA offers private and public tuition with a median cost of $0 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Universal Technical Institute of Massachusetts Inc with the majority of graduates. The ITT Technical Institute-Norwood and FINE Mortuary College hold the second and the third place respectively. The share of the public colleges in Norwood, MA is n/a% and 100% go to the private colleges.
The age groups that most likely have the health care coverage in Norwood, MA are 45-54 years old for men and 6-17 years old for women. Norwood, MA offers a 128 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 116 to 1, speaking of mental health doctors ratio, it’s 491 to 1 resident.
|Primary Care||1 to 128|
|Dentists||1 to 116|
|Mental Health||1 to 491|
|Other||1 to 81|
|Rent Price||Oct||vs Last Month|
|1 bed rentals||$1,924||+60.3%|
|2 bed rentals||$2,608||+44.9%|
|3 bed rentals||$2,655||-0.4%|
|4+ bed rentals||$1,300||-48%|
|Rent Type Price||Oct||vs Last Month|
Over the Nov 2019, the average rent for an apartment in/near Norwood, MA increased by 22% to $2309. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 60% to $1924. Pricing for 2-bed apartment also increased by 45% and a place of this size will now cost you $2608. 3-bed apartment rent pricing starts at $2667, it decreased by 0% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 92% and made it down to $2500.
The median rent for an apartment in Norwood, MA increased by 4% to $2398. The median rent for a loft did not face significant changes this time, it now still goes for $1300. An average room will now go for $800, the median rent price for a room increased by 27%.