HomeMinnesotaCarver CountyNorwood Young America
Norwood Young America, Minnesota: commercial real estate data.
Norwood Young America is a Census city of 3,849 people across 2.46 square miles of land, in Carver County. Median household income is $71,364, 74.6 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $5.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Norwood Young America
What Norwood Young America is
- Census place typecity
- Land area2.46 sq mi
- Water area0 sq mi
- Population per square mile of land1,562
- County holding the largest share of its areaCarver County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norwood Young America
How many people live in Norwood Young America
- Population3,849
- Median age37.8
- Population under 18926 plus or minus 217
- Share under 1824.1 percent plus or minus 5.6
- Population 65 and over685 plus or minus 168
- Share 65 and over17.8 percent plus or minus 4.4
- Households1,426
- Family households966
- Share of households that are families67.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norwood Young America
Income and work in Norwood Young America
- Median household income$71,364
- Per capita income$34,019
- Civilian labor force2,052
- Employed1,977
- Unemployed75 plus or minus 74
- Unemployment rate3.7 percent plus or minus 3.6
- Adults 25 and over2,643
- Adults 25 and over with a high school diploma or higher97.0 percent
- Adults 25 and over with a bachelor degree or higher23.3 percent plus or minus 7.0
- Adults 25 and over with a graduate degree3.9 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norwood Young America
Housing in Norwood Young America
- Housing units1,426
- Occupied units1,426
- Vacant units0
- Vacancy rate0.0 percent
- Owner occupied1,064
- Renter occupied362 plus or minus 124
- Ownership rate74.6 percent
- Median owner-occupied home value$299,300
- Median gross rent, monthly$1,073
- Annual rent as a share of median income18.0 percent plus or minus 4.4
- Single family units1,127
- Share single family79.0 percent
- Units in buildings of two or more262 plus or minus 117
- Share in buildings of two or more18.4 percent plus or minus 8.1
- Mobile homes37 plus or minus 41
- Median year structure built1982
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norwood Young America
How Norwood Young America gets to work
- Workers 16 and over who commute1,705
- Commuting under 15 minutes231 plus or minus 110
- Share commuting under 15 minutes13.5 percent plus or minus 6.2
- Commuting 30 minutes or more890 plus or minus 208
- Share commuting 30 minutes or more52.2 percent
- Drove alone75.7 percent
- Carpooled9.3 percent plus or minus 4.7
- Public transport0.0 percent
- Walked0.7 percent plus or minus 1.1
- Worked from home12.9 percent plus or minus 6.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norwood Young America
SBA loans in Norwood Young America (7(a))
- Approvals7
- Gross approval$5,420,400
- Average approval$774,343
- Median approval$763,400
- Largest approval$1,250,000
- Jobs supported203
- Jobs per approval29.0
- Loans with a final outcome5
- Paid in full4
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises14.3 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Norwood Young America, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Norwood Young America
SBA loans in Norwood Young America (504)
- Approvals11
- Gross approval$7,052,000
- Average approval$641,091
- Median approval$413,000
- Largest approval$2,990,000
- Jobs supported126
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Norwood Young America, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Norwood Young America
Flood risk in Norwood Young America
- NFIP communityCity of Norwood Young America
- NFIP community number270593
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/21/18
The City of Norwood Young America participates in the National Flood Insurance Program as community 270593 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Carver County, not Norwood Young America
Carver County context, not Norwood Young America figures
- Establishments in Carver County2,714
- Covered employment, Carver County40,848
- Average annual pay, Carver County$67,445
- Housing units permitted, Carver County744
Every figure in this section is published for Carver County as a whole and is not a measurement of Norwood Young America.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Norwood Young America questions, answered from the record.
How many people live in Norwood Young America, Minnesota?
3,849, in 1,426 households. Norwood Young America city covers 2.46 square miles of land, which is 1,562 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Norwood Young America in?
Carver County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Norwood Young America?
$71,364. The median owner-occupied home is valued at $299,300. Median gross rent is $1,073 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Norwood Young America businesses?
7 7(a) approvals totaling $5.4 m since FY2020, across 3 lenders, median approval $763,400, plus 11 504 approvals worth $7.1 m since FY2010. These count approvals to borrowers whose address is in Norwood Young America, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Norwood Young America borrowers get paid back?
No rate is published for Norwood Young America. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Norwood Young America in the National Flood Insurance Program?
Yes. Norwood Young America appears in the FEMA Community Status Book as Norwood Young America, city of, community 270593, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Norwood Young America figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Carver County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Norwood Young America.
Is zoning published for Norwood Young America?
No. Nothing on this page presents parcel level zoning.
Nearby