The median household income in Norwood, NJ in 2022 was $150,853, which was 36.1% greater than the median annual income of $96,346 across the entire state of New Jersey. Compared to the median income of $92,447 in 2000 this represents an increase of 38.7%. The per capita income in 2022 was $61,332, which means an increase of 34.7% compared to 2000 when it was $40,039.
Whole page based on the data from 2000 / 2022 when the population of Norwood, New Jersey was 5,751 / 5,656
Income statistics for all residents
Median household income in Norwood, NJ in 2022:
Norwood:
$150,854
State:
$96,346
Change in median household income between 2000 and 2022:
Norwood, New Jersey:
+63.2%
New Jersey:
+74.7%
Number of households with income < $10k:
Norwood:
4.9% (97)
New Jersey:
4.4% (155,271)
Number of households with income $10k - 20k:
Norwood:
4.4% (87)
New Jersey:
5.4% (189,888)
Number of households with income $20k - 30k:
Norwood:
2.8% (56)
State:
5.2% (183,402)
Number of households with income $30k - 40k:
Norwood:
6.1% (121)
State:
5.9% (206,969)
Number of households with income $40k - 50k:
Norwood:
6.0% (120)
State:
5.2% (184,153)
Number of households with income $50k - 60k:
Norwood:
2.2% (44)
State:
5.6% (197,270)
Number of households with income $60k - 75k:
Norwood:
1.5% (30)
State:
8.1% (284,245)
Number of households with income $75k - 100k:
Norwood:
9.0% (178)
State:
11.6% (408,272)
Number of households with income $100k - 125k:
Norwood:
7.5% (149)
New Jersey:
10.1% (354,738)
Number of households with income $125k - 150k:
Norwood:
4.0% (80)
State:
8.0% (281,341)
Number of households with income $150k - 200k:
Norwood:
19.9% (395)
New Jersey:
11.5% (404,977)
Number of households with income > $200k:
Norwood:
31.7% (631)
State:
18.9% (666,452)
Aggregate household income in Norwood in 2022: $336,461,197
Median family income in Norwood in 2022:
Norwood:
$173,239
State:
$117,988
Number of families with income < $10k:
Norwood:
1.2% (17)
New Jersey:
2.2% (53,316)
Number of families with income $30k - 40k:
Norwood:
5.8% (83)
New Jersey:
4.6% (109,787)
Number of families with income $40k - 50k:
Norwood:
0.4% (6)
State:
4.5% (107,202)
Number of families with income $50k - 60k:
Norwood:
2.5% (36)
State:
4.8% (114,765)
Number of families with income $60k - 75k:
Norwood:
1.1% (16)
New Jersey:
7.5% (179,372)
Number of families with income $75k - 100k:
Norwood:
10.6% (153)
State:
11.5% (274,497)
Number of families with income $100k - 125k:
Norwood:
6.0% (87)
New Jersey:
10.9% (260,033)
Number of families with income $125k - 150k:
Norwood:
4.9% (71)
State:
9.0% (214,872)
Number of families with income $150k - 200k:
Norwood:
25.2% (363)
State:
13.8% (328,605)
Number of families with income > $200k:
Norwood:
42.3% (610)
State:
24.3% (578,135)
Median non-family income in Norwood in 2022:
Norwood:
$40,096
State:
$54,589
Change in median non-family income between 2000 and 2022:
Norwood, New Jersey:
+8.6%
New Jersey:
+74.4%
Median per capita income in Norwood in 2022:
Norwood:
$61,333
State:
$51,272
Change in median per capita income between 2000 and 2022:
Norwood, New Jersey:
+53.2%
New Jersey:
+89.9%
Income statistics for White residents
Median household income in Norwood, NJ in 2022:
Norwood:
$154,405
New Jersey:
$105,428
Change in median household income between 2000 and 2022:
Norwood, New Jersey:
+73.4%
State:
+78.2%
Number of households with income < $10k:
Norwood:
4.9% (62)
State:
3.5% (73,676)
Number of households with income $10k - 20k:
Norwood:
6.3% (80)
State:
4.3% (90,086)
Number of households with income $20k - 30k:
Norwood:
3.4% (43)
State:
4.7% (99,511)
Number of households with income $30k - 40k:
Norwood:
4.0% (51)
State:
5.2% (109,051)
Number of households with income $40k - 50k:
Norwood:
5.7% (72)
New Jersey:
4.9% (101,931)
Number of households with income $50k - 60k:
Norwood:
1.3% (16)
State:
5.4% (112,379)
Number of households with income $60k - 75k:
Norwood:
2.0% (25)
New Jersey:
7.7% (162,379)
Number of households with income $75k - 100k:
Norwood:
5.9% (74)
New Jersey:
11.6% (242,478)
Number of households with income $100k - 125k:
Norwood:
9.0% (113)
State:
10.4% (218,622)
Number of households with income $125k - 150k:
Norwood:
5.2% (66)
State:
8.5% (177,925)
Number of households with income $150k - 200k:
Norwood:
17.0% (214)
New Jersey:
12.5% (262,429)
Number of households with income > $200k:
Norwood:
35.3% (446)
State:
21.3% (446,393)
Aggregate household income in Norwood in 2022: $227,754,153
Median family income in Norwood in 2022:
Norwood:
$220,598
New Jersey:
$133,117
Number of families with income < $10k:
Norwood:
0.5% (4)
State:
1.5% (21,094)
Number of families with income $30k - 40k:
Norwood:
2.7% (23)
New Jersey:
3.2% (43,969)
Number of families with income $50k - 60k:
Norwood:
1.1% (10)
State:
4.1% (57,095)
Number of families with income $60k - 75k:
Norwood:
1.5% (12)
New Jersey:
6.7% (92,267)
Number of families with income $75k - 100k:
Norwood:
6.6% (56)
New Jersey:
11.5% (158,630)
Number of families with income $100k - 125k:
Norwood:
7.0% (60)
State:
11.5% (158,059)
Number of families with income $125k - 150k:
Norwood:
7.0% (60)
State:
9.8% (134,575)
Number of families with income $150k - 200k:
Norwood:
22.4% (191)
State:
15.5% (212,728)
Number of families with income > $200k:
Norwood:
51.3% (437)
State:
28.3% (389,541)
Median non-family income in Norwood in 2022:
Norwood:
$38,306
New Jersey:
$58,680
Change in median non-family income between 2000 and 2022:
Norwood, New Jersey:
+5.1%
State:
+81.6%
Median per capita income in Norwood in 2022:
Norwood:
$76,465
State:
$61,044
Change in median per capita income between 2000 and 2022:
Norwood, New Jersey:
+91.4%
New Jersey:
+101.8%
Income statistics for Black or African American residents
Number of households with income < $10k:
Norwood:
0.0% (0)
State:
8.9% (38,971)
Number of households with income $10k - 20k:
Norwood:
0.0% (0)
New Jersey:
8.7% (38,456)
Number of households with income $20k - 30k:
Norwood:
0.0% (0)
New Jersey:
7.3% (32,276)
Number of households with income $30k - 40k:
Norwood:
0.0% (0)
State:
7.7% (33,867)
Number of households with income $40k - 50k:
Norwood:
0.0% (0)
State:
7.5% (32,945)
Number of households with income $50k - 60k:
Norwood:
0.0% (0)
State:
6.6% (29,115)
Number of households with income $60k - 75k:
Norwood:
0.0% (0)
State:
8.9% (39,013)
Number of households with income $75k - 100k:
Norwood:
0.0% (0)
State:
11.8% (51,915)
Number of households with income $100k - 125k:
Norwood:
0.0% (0)
State:
9.1% (40,243)
Number of households with income $125k - 150k:
Norwood:
0.0% (0)
State:
6.3% (27,533)
Number of households with income $150k - 200k:
Norwood:
0.0% (0)
New Jersey:
8.3% (36,645)
Number of households with income > $200k:
Norwood:
100.0% (14)
New Jersey:
8.9% (38,974)
Aggregate household income in Norwood in 2022: $664,180
Median per capita income in Norwood in 2022:
Norwood:
$80,949
State:
$35,632
Income statistics for Asian residents
Median household income in Norwood, NJ in 2022:
Norwood:
$150,899
State:
$144,878
Change in median household income between 2000 and 2022:
Norwood, New Jersey:
+43.1%
State:
+100.6%
Number of households with income < $10k:
Norwood:
7.6% (40)
State:
3.8% (12,441)
Number of households with income $10k - 20k:
Norwood:
0.0% (0)
New Jersey:
3.1% (9,957)
Number of households with income $20k - 30k:
Norwood:
3.0% (16)
State:
3.1% (10,104)
Number of households with income $30k - 40k:
Norwood:
12.6% (66)
New Jersey:
3.6% (11,819)
Number of households with income $40k - 50k:
Norwood:
7.8% (41)
New Jersey:
2.6% (8,334)
Number of households with income $50k - 60k:
Norwood:
5.5% (29)
State:
3.6% (11,799)
Number of households with income $60k - 75k:
Norwood:
0.0% (0)
New Jersey:
5.4% (17,671)
Number of households with income $75k - 100k:
Norwood:
9.3% (49)
New Jersey:
9.0% (29,301)
Number of households with income $100k - 125k:
Norwood:
3.8% (20)
New Jersey:
9.6% (31,368)
Number of households with income $125k - 150k:
Norwood:
0.4% (2)
State:
8.1% (26,318)
Number of households with income $150k - 200k:
Norwood:
26.1% (137)
State:
14.3% (46,703)
Number of households with income > $200k:
Norwood:
23.8% (125)
State:
33.8% (110,048)
Aggregate household income in Norwood in 2022: $74,571,954
Median family income in Norwood in 2022:
Norwood:
$160,842
New Jersey:
$162,032
Number of families with income < $10k:
Norwood:
3.6% (15)
State:
1.9% (4,949)
Number of families with income $30k - 40k:
Norwood:
12.6% (53)
New Jersey:
2.9% (7,299)
Number of families with income $40k - 50k:
Norwood:
1.4% (6)
State:
2.1% (5,357)
Number of families with income $50k - 60k:
Norwood:
6.0% (25)
State:
3.1% (7,987)
Number of families with income $75k - 100k:
Norwood:
10.9% (46)
State:
7.9% (20,102)
Number of families with income $100k - 125k:
Norwood:
4.9% (21)
State:
9.2% (23,481)
Number of families with income $125k - 150k:
Norwood:
0.6% (2)
New Jersey:
8.7% (22,147)
Number of families with income $150k - 200k:
Norwood:
33.7% (142)
State:
16.0% (40,707)
Number of families with income > $200k:
Norwood:
26.5% (112)
State:
38.9% (99,016)
Median non-family income in Norwood in 2022:
Norwood:
$36,139
State:
$77,902
Change in median non-family income between 2000 and 2022:: -81.9%
Norwood, New Jersey:
-81.9%
State:
+69.1%
Median per capita income in Norwood in 2022:
Norwood:
$44,597
State:
$62,411
Change in median per capita income between 2000 and 2022:
Norwood, New Jersey:
+0.9%
State:
+126.3%
Income statistics for Hispanic or Latino residents
Median household income in Norwood, NJ in 2022:
Norwood:
$84,232
State:
$72,170
Change in median household income between 2000 and 2022:: -17.6%
Norwood, New Jersey:
-17.6%
New Jersey:
+82.2%
Number of households with income < $10k:
Norwood:
0.0% (0)
New Jersey:
4.6% (29,004)
Number of households with income $10k - 20k:
Norwood:
0.0% (0)
State:
7.9% (50,233)
Number of households with income $20k - 30k:
Norwood:
0.0% (0)
New Jersey:
6.7% (42,724)
Number of households with income $30k - 40k:
Norwood:
0.0% (0)
State:
8.3% (52,621)
Number of households with income $40k - 50k:
Norwood:
0.0% (0)
State:
6.6% (41,539)
Number of households with income $50k - 60k:
Norwood:
0.0% (0)
State:
6.9% (43,976)
Number of households with income $60k - 75k:
Norwood:
0.0% (0)
State:
10.4% (66,157)
Number of households with income $75k - 100k:
Norwood:
69.1% (38)
State:
12.7% (80,102)
Number of households with income $100k - 125k:
Norwood:
0.0% (0)
State:
10.1% (63,832)
Number of households with income $125k - 150k:
Norwood:
0.0% (0)
State:
7.6% (47,874)
Number of households with income $150k - 200k:
Norwood:
23.6% (13)
New Jersey:
8.3% (52,287)
Number of households with income > $200k:
Norwood:
7.3% (4)
State:
9.9% (62,842)
Aggregate household income in Norwood in 2022: $6,096,079
Median family income in Norwood in 2022:
Norwood:
$78,631
New Jersey:
$77,272
Number of families with income $75k - 100k:
Norwood:
72.1% (41)
State:
13.3% (62,373)
Number of families with income $150k - 200k:
Norwood:
20.9% (12)
State:
8.7% (40,972)
Number of families with income > $200k:
Norwood:
7.0% (4)
New Jersey:
10.9% (51,269)
Median per capita income in Norwood in 2022:
Norwood:
$42,911
State:
$30,987
Change in median per capita income between 2000 and 2022:
Norwood, New Jersey:
+12.5%
New Jersey:
+109.3%
Income statistics for American Indian and Alaska Native residents
Aggregate household income in Norwood in 2022: $6,652,311
Median per capita income in Norwood in 2022:
Norwood:
$76,395
New Jersey:
$28,858
Income statistics for Multirace residents
Median household income in Norwood, NJ in 2022:
Norwood:
$82,301
State:
$84,272
Change in median household income between 2000 and 2022:
Norwood, New Jersey:
+74.8%
State:
+101.4%
Number of households with income < $10k:
Norwood:
0.0% (0)
State:
4.4% (15,172)
Number of households with income $10k - 20k:
Norwood:
0.0% (0)
State:
7.1% (24,399)
Number of households with income $20k - 30k:
Norwood:
0.0% (0)
New Jersey:
5.8% (19,827)
Number of households with income $30k - 40k:
Norwood:
0.0% (0)
New Jersey:
6.7% (23,047)
Number of households with income $40k - 50k:
Norwood:
0.0% (0)
State:
5.9% (20,379)
Number of households with income $50k - 60k:
Norwood:
0.0% (0)
State:
5.8% (19,984)
Number of households with income $60k - 75k:
Norwood:
0.0% (0)
State:
9.4% (32,244)
Number of households with income $75k - 100k:
Norwood:
74.4% (61)
State:
12.8% (43,746)
Number of households with income $100k - 125k:
Norwood:
0.0% (0)
State:
10.4% (35,588)
Number of households with income $125k - 150k:
Norwood:
0.0% (0)
State:
7.7% (26,354)
Number of households with income $150k - 200k:
Norwood:
0.0% (0)
State:
9.9% (33,977)
Number of households with income > $200k:
Norwood:
25.6% (21)
State:
14.1% (48,377)
Aggregate household income in Norwood in 2022: $14,388,859
Median family income in Norwood in 2022:
Norwood:
$76,348
State:
$91,937
Number of families with income $75k - 100k:
Norwood:
72.2% (52)
State:
12.6% (30,507)
Number of families with income > $200k:
Norwood:
27.8% (20)
State:
16.8% (40,705)
Median per capita income in Norwood in 2022:
Norwood:
$30,600
New Jersey:
$36,016
Change in median per capita income between 2000 and 2022:
Norwood, New Jersey:
+94.0%
New Jersey:
+129.2%
Discuss Norwood, New Jersey (NJ) on our hugely popular New Jersey forum.