HomeNew JerseyBergen CountyNorwood
Norwood, New Jersey: commercial real estate data.
Norwood is a Census borough of 5,724 people across 2.79 square miles of land, in Bergen County. Median household income is $178,311, 79.2 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $1.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Norwood
What Norwood is
- Census place typeborough
- Land area2.79 sq mi
- Water area0.01 sq mi
- Population per square mile of land2,055
- County holding the largest share of its areaBergen 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
How many people live in Norwood
- Population5,724
- Median age48.2
- Population under 181,297 plus or minus 382
- Share under 1822.7 percent plus or minus 6.7
- Population 65 and over1,296
- Share 65 and over22.6 percent
- Households1,966
- Family households1,574
- Share of households that are families80.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norwood
Income and work in Norwood
- Median household income$178,311
- Per capita income$67,757
- Civilian labor force2,952
- Employed2,926
- Unemployed26 plus or minus 26
- Unemployment rate0.9 percent plus or minus 0.9
- Adults 25 and over4,028
- Adults 25 and over with a high school diploma or higher97.0 percent
- Adults 25 and over with a bachelor degree or higher60.6 percent
- Adults 25 and over with a graduate degree23.4 percent plus or minus 5.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norwood
Housing in Norwood
- Housing units2,001
- Occupied units1,966
- Vacant units35 plus or minus 55
- Vacancy rate1.7 percent plus or minus 2.7
- Owner occupied1,557
- Renter occupied409 plus or minus 139
- Ownership rate79.2 percent
- Median owner-occupied home value$709,100
- Median gross rent, monthly$2,094 plus or minus $670
- Annual rent as a share of median income14.1 percent plus or minus 4.8
- Single family units1,580
- Share single family79.0 percent
- Units in buildings of two or more421 plus or minus 141
- Share in buildings of two or more21.0 percent plus or minus 6.8
- Mobile homes0
- Median year structure built1986
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norwood
How Norwood gets to work
- Workers 16 and over who commute2,277
- Commuting under 15 minutes572 plus or minus 169
- Share commuting under 15 minutes25.1 percent plus or minus 6.6
- Commuting 30 minutes or more1,077 plus or minus 238
- Share commuting 30 minutes or more47.3 percent
- Drove alone59.8 percent
- Carpooled10.5 percent plus or minus 5.3
- Public transport4.4 percent plus or minus 2.6
- Walked1.6 percent plus or minus 1.4
- Worked from home21.4 percent plus or minus 5.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Norwood
SBA loans in Norwood (7(a))
- Approvals9
- Gross approval$1,450,000
- Average approval$161,111
- Median approval$75,000
- Largest approval$550,000
- Jobs supported43
- Jobs per approval4.8
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Norwood, in any county, FY2020 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, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Norwood
SBA loans in Norwood (504)
- Approvals1
- Gross approval$504,000
- Average approval$504,000
- Median approval$504,000
- Largest approval$504,000
- Jobs supported0
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Norwood, in any county, FY2010 to FY2026. Only 0 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
Flood risk in Norwood
- NFIP communityBorough of Norwood
- NFIP community number340057
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/28/19
The Borough of Norwood participates in the National Flood Insurance Program as community 340057 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.
Bergen County, not Norwood
Bergen County context, not Norwood figures
- Establishments in Bergen County31,818
- Covered employment, Bergen County438,240
- Average annual pay, Bergen County$80,639
- Housing units permitted, Bergen County3,329
Every figure in this section is published for Bergen County as a whole and is not a measurement of Norwood.
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 questions, answered from the record.
How many people live in Norwood, New Jersey?
5,724, in 1,966 households. Norwood borough covers 2.79 square miles of land, which is 2,055 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Norwood in?
Bergen 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?
$178,311. The median owner-occupied home is valued at $709,100. Median gross rent is $2,094 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 businesses?
9 7(a) approvals totaling $1.4 m since FY2020, across 7 lenders, median approval $75,000, plus 1 504 approvals worth $504,000 since FY2010. These count approvals to borrowers whose address is in Norwood, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Norwood borrowers get paid back?
No rate is published for Norwood. Only 2 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 in the National Flood Insurance Program?
Yes. Norwood appears in the FEMA Community Status Book as Norwood, borough of, community 340057, 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 figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Bergen 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.
Is zoning published for Norwood?
No. Nothing on this page presents parcel level zoning.