Norwood, IL
532Residents
$69,583Median household income
$975/moMedian gross rent
$97,000Median home value
38.7Median age
6%Adults with a bachelor’s degree or higher
91%Homes lived in by their owners
1.4×Home value to household income
Median rent takes about 17% of the median household income in Norwood.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $39,000 a year. In Illinois that leaves roughly $2,632 a month after tax. See the full paycheck breakdown for $40,000.
Largest places in Illinois
All cities in Illinois · Highest-paying jobs in Illinois
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.