F

Norwood, CO

Source:

Affordability Score: 32/100

Population: 1,480 · 1 ZIP codes

The affordability dashboard for Norwood, CO aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,480 residents, then layers in county-level federal data to produce an overall grade of F (32/100). The headline inputs are median household income of $62,125, median home value of $425,000, median rent of $1,231 per month, and 30.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,645 per month (studio $1,245, 1BR $1,254, 3BR $2,288, 4BR $2,579). Department of Labor data lists infant center-based childcare at $20,961 per year, consuming 34% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages, so the grade is genuinely comparable across any city in the country. Pressure points are housing, childcare. Unemployment currently reads 2.3% and poverty 10.0% - numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$62,125
Median household income
Education C-
30.1%
Bachelor's degree or higher
Housing F
6.8x
Home value $425,000 vs income
Commute N/A
N/A
Average commute time
Rent D
$1,645/mo
2BR fair market rent (32% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare F
$20,961/yr
Center-based infant care (34% of income)

Income & Employment

Median Income
$62,125
▲ 0% vs national
Per Capita Income
$37,621
Unemployment Rate
2.3%
Poverty Rate
10.0%

Housing

Median Home Value
$425,000
▲ 55% vs national
Median Rent
$1,231/mo
Owner Occupied
82.2%
2BR Fair Market Rent
$1,645/mo
▲ 37% vs national

Fair Market Rents by Bedroom

Studio
$1,245
1BR
$1,254
2BR
$1,645
3BR
$2,288
4BR
$2,579

Safety

Violent Crime Rate
-
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
30.1%
▲ 0 ppt vs national
High School+
66.7%
Median Age
50.4
Avg. Commute
-

Childcare Costs

Infant (Center)
$20,961/yr
34% of income
Toddler (Center)
$18,348/yr
Preschool (Center)
$16,489/yr
School-Age (Center)
$10,653/yr

What This Means

Norwood, CO receives an overall affordability grade of F (32/100), aggregated from 1 ZIP codes with a total population of 1,480. Challenges include housing and childcare. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Norwood, CO affordable?
Norwood, CO receives an overall affordability grade of F (32/100) based on Census, HUD, FBI, and DOL data. Median household income is $62,125. Median home value is $425,000.
What is the cost of living in Norwood?
Key cost metrics: Median rent $1,231/mo. 2BR fair market rent $1,645/mo. Infant childcare $20,961/yr. Median home value $425,000.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →