PlainZIP

Norwood, CO · standard

ZIP Code 81423

San Miguel County, Colorado - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

1,480
1/sq mi
$62,125
Median income
$425,000
Median home value
30.1%
Bachelor's or higher

The verdict

Norwood pairs a below-median household income with upper-quartile home values, in a rural, homeowner-dominated area.

33th pct
household income, US ZIPs
Top 18%
home value, US ZIPs
1
people per sq mi
82%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 81423 against every reporting US ZIP.

ZIP code 81423 is classified by USPS as a standard delivery area and covers roughly 1233.3 square miles in Norwood, San Miguel County, Colorado. The area is home to 1,480 residents, producing a population density of 1 people per square mile, and falls within the Denver time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 81423 against Colorado and the nation.

On the economic side, the median household income for ZIP 81423 sits at $62,125 (30% below the Colorado average), while per-capita income is $37,621. The poverty rate stands at 10.0% and the unemployment rate at 2.3%. On housing, the median home value is $425,000 (12% below the state average) with median rent at $1,231 per month, and 82.2% of occupied units are owner-occupied, a direct signal of whether 81423 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 30.1% of adults hold a bachelor's degree or higher, the median age is 50.4, and the average commute is —. Use the benchmarks above to see where 81423 sits relative to Colorado and the national baseline rather than viewing the numbers in isolation. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 81423

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 81423.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 81423, Norwood, CO · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

1,480

Population

1233.3

Area (sq mi)

1

People / sq mi

Denver

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 81423?

50.4

Median Age

50.9%

Male

49.1%

Female

2.2%

Foreign-Born

White 95.4%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.6%
Hispanic or Latino 4.2%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$62,125

Median Household Income

-30% vs state

$37,621

Per Capita Income

10.0%

Poverty Rate

2.3%

Unemployment Rate

How ZIP 81423 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$62,125 33rd percentile higher than 33% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 66.7%
Bachelor's Degree or Higher 30.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

786

Total Housing Units

715

Occupied Units

71

Vacant Units

1.64

Avg Household Size

Occupancy Type

Owner 82.2%
Renter 17.8%

$425,000

Median Home Value

-12% vs state

$1,231

Median Rent

1988

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+29.9%

YoY Change (2024)

263

HPI Index (2000 = 100)

+163%

Total Change Since 2000

Home values in ZIP 81423 have increased 29.9% over the past year (2024). Since 2000, this ZIP has seen +163% cumulative appreciation.

Year Annual Change HPI Index
2019 +7.2% 167
2020 +1.1% 169
2021 -0.5% 169
2022 +29.9% 219
2024 — 263

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 59 business establishments in ZIP 81423, employing approximately 317 people with a combined annual payroll of $13,558,000.

59

Businesses

317

Employees

$13.6M

Annual Payroll

7

Industry Sectors

Industry Establishments % of Total
Construction 15 25.4%
Retail trade 9 15.3%
Accommodation and food services 7 11.9%
Professional, scientific, and technical services 5 8.5%
Administrative and support and waste management and remediation services 5 8.5%
Health care and social assistance 5 8.5%
Other services (except public administration) 4 6.8%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

More ZIP Codes in San Miguel County

81435 standard
Telluride, CO
Pop: 4,965
81430 standard
Placerville, CO
Pop: 727
81426 standard
Ophir, CO
Pop: 181
81325 standard
Egnar, CO
Pop: 121

Related Areas

San Miguel County Norwood, CO Colorado

Frequently Asked Questions

What county is ZIP code 81423 in? ▼
ZIP code 81423 (Norwood) is located in San Miguel County, Colorado. San Miguel County contains multiple ZIP codes, see the full list at /counties/san-miguel-co.
What is the population of ZIP code 81423? ▼
ZIP code 81423 in Norwood, CO has a population of 1,480 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 81423? ▼
The median household income in ZIP 81423 is $62,125, which is 19% below the national average of $76,288.
What is the average home value in ZIP 81423? ▼
The median home value in ZIP 81423 is $425,000, which is 53% above the national average of $278,155.
What is the demographic makeup of ZIP 81423? ▼
The largest racial group in ZIP 81423 is White at 95.4%. Hispanic or Latino residents make up 4.2% of the population.
How many businesses are in ZIP code 81423? ▼
ZIP code 81423 has 59 business establishments employing approximately 317 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 81423? ▼
The top industries by establishment count in ZIP 81423 are: Construction (15), Retail trade (9), Accommodation and food services (7). There are 7 industry sectors represented in total.
How have home values changed in ZIP code 81423? ▼
According to the FHFA House Price Index, home values in ZIP 81423 increased by 29.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 163%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 81423? ▼
In ZIP code 81423, 66.7% of residents aged 25+ have a high school diploma or higher, and 30.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 81423? ▼
In ZIP code 81423, approximately 82.2% of occupied housing units are owner-occupied and 17.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 81423? ▼
The poverty rate in ZIP code 81423 is 10.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Reading Census Demographics
How to interpret population, income, and education data from the Census Bureau.
Understanding ZIP Code Data
What ZIP codes are, how ZCTAs differ, and what the data reveals.
Best ZIP Codes for Families
Key factors to evaluate when choosing a family-friendly neighborhood.
ZIP Codes for Relocation
Data-driven tips for evaluating ZIP codes before a move.

Official Data Resources for Norwood, CO

Verify and explore additional data for this area using these official government sources.

U.S. Census Bureau
Official demographic, economic, and housing data from the American Community Survey.
HUD Fair Market Rents
Department of Housing and Urban Development rental cost estimates by metropolitan area.
FBI Uniform Crime Reports
Official crime statistics compiled from law enforcement agencies nationwide.
FHFA House Price Index
Federal Housing Finance Agency home value trends based on repeat sales and appraisals.

Read our methodology to see how this data is sourced, computed, and verified.