Norwood is a somewhat small borough located in the state of New Jersey. With a population of 5,826 people and just one neighborhood, Norwood is the 301st largest community in New Jersey.
Real Estate Prices
Norwood home prices are not only among the most expensive in New Jersey, but Norwood real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Norwood is a decidedly white-collar borough, with fully 88.14% of the workforce employed in white-collar jobs, well above the national average. Overall, Norwood is a borough of sales and office workers, managers and professionals. There are especially a lot of people living in Norwood who work in sales jobs (15.73%), management occupations (14.25%) and office and administrative support (12.62%).
Also of interest is that Norwood has more people living here who work in computers and math than 95% of the places in the US.
Setting & Lifestyle
In addition, Norwood is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Norwood is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Norwood’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
In Norwood, however, the average commute to work is quite long. On average, people spend 34.61 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
In Norwood, a lot of people use the bus to get to work every day though Norwood is a relatively small borough. Those that ride the bus are primarily traveling out of town to good jobs in other cities.