HomeMinnesotaCarver CountyNorwood Young America city
Norwood Young America city, Minnesota: commercial real estate data.
Norwood Young America city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Norwood Young America borrowers
- Approvals7
- Gross approval$5,420,400
- Average approval$774,343
- Median approval$763,400
- Ninetieth percentile approval$1,250,000
- 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
A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Norwood Young America
SBA 504 lending to Norwood Young America borrowers
- 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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Carver County, not Norwood Young America
Carver County context, not Norwood Young America figures
These are Carver County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Norwood Young America measurements.
- Establishments in Carver County2,714
- Employment at those establishments, Carver County39,280
- Covered employment, Carver County40,848
- Average annual pay, Carver County$67,445
- Average weekly wage, Carver County$1,297
- Housing units permitted, Carver County744
- Of those, single family, Carver County662
- County product, 2024, Carver County$7,613,634,000
- County product change over the prior year, Carver County5.7 percent
- Average income of an arriving household, Carver County$110,281
Every figure in this section is published for Carver County as a whole and is not a measurement of Norwood Young America. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $5.4 m, across 3 lenders, median approval $763,400, plus 11 504 approvals worth $7.1 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Norwood Young America figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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