Norwood is a city in Massachusetts state in USA with a population of 29446 residents.. The poverty rate of Norwood is 8.1%, which is 42% lower than national average. The typical household in Norwood earns $90341 a year, compared to the national median of $67,500. Nearly 26.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Norwood, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Norwood remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Norwood, only 50% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Norwood is 143, which is 43% higher than national average. Median home value in Norwood is $455300 , which is 98% higher than national average. While median income in Norwood remained $90341, which is 34% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.