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    AI-Generated Neighborhood Summary

    Location and Amenities

    Norwood, NC, is a small town situated in Stanly County. Known for its close proximity to Lake Tillery, it's a great area for outdoor activities like boating and fishing. The location offers a rural charm while being within driving distance to larger cities like Charlotte. Nearby amenities include local grocery stores, parks, and recreational areas. The town itself has a quaint downtown area with local shops and dining options.

    Crime Rate, Schools, and Income

    Norwood typically reports lower crime rates compared to larger urban areas. Stanly County Schools serve the area, and their ratings vary, so it’s wise to check specific schools for more detailed performance data. The average household income in Norwood and surrounding areas is generally lower than urban centers, reflecting its rural character. However, the community vibe is strong, and it's considered a safe and family-friendly environment.

    Proximity to City and Job Growth

    The nearest major city is Charlotte, approximately 50-60 miles to the northwest, which offers additional amenities and employment opportunities. Job growth in Norwood and the broader Stanly County area has been stable, with growth potential in sectors such as manufacturing, retail, and services due to its proximity to larger economic hubs. Overall, Norwood offers a peaceful living environment with access to numerous outdoor activities and the benefits of a small-town atmosphere.

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    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $139,400

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $69,184
    Nat'l Avg: $69,021

    Percent Under Poverty

    1%
    Nat'l Avg: 12%

    Median Contract Rent

    $379
    Nat'l Avg: $988

    Owners vs Renters

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    Vacant Housing Units

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    Unemployment Rate

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    College Degree

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    Dominant Race

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    Married-Couple Families

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    Owners Without Morgages

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    Mortgage ≥ 30% Income

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    Rent ≥ 30% Income

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    Non-US Citizens

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    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Norwood Park

    0.5 miles

    Atrium Health Stanly

    11 miles

    Food Lion

    10 miles

    La Fuente Mexican Restaurant

    9.5 miles

    Fitness Warehouse

    11 miles

    Charlotte Douglas International Airport

    52 miles

    Norwood Elementary School

    0.7 miles

    Stanly County Public Library

    11 miles

    Uwharrie National Forest

    14 miles

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The median property value in Norwood, NC, was $146,900 in 2022, reflecting a 5.53% increase from the previous year.
    The average home value in Norwood, NC, reached $263,561 by February 2025, marking a 5.8% increase over the past year.
    The median household income in Norwood, NC, was $55,897 in 2022, showing a 5.44% growth from the prior year.
    The unemployment rate in Norwood, NC, stood at 4.1%, with a projected job growth of 37.6% over the next ten years. These insights highlight the positive trends in property values and economic indicators in Norwood, NC.

    Custom Narratives

    Norwood's median home value reached $263,561 in February 2025, marking a 5.8% increase over the past year.
    The town's population grew by 9.74% between 2021 and 2022, reaching 2,906 residents, with a median age of 40.8 years.
    The median household income in Norwood rose to $55,897 in 2022, reflecting a 5.44% increase from the previous year.
    Norwood offers a rural atmosphere with a homeownership rate of 64.1%, providing a balance between affordability and community engagement. These insights highlight Norwood's steady growth and appeal to potential homebuyers seeking a blend of rural charm and economic stability.

    Green Flags

    Peaceful rural setting
    Proximity to Lake Tillery
    Friendly community atmosphere
    Access to outdoor activities

    Red Flags

    Limited public transportation
    Distance from major shopping centers
    Inconsistent internet connectivity
    Fewer dining and entertainment options
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

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    Historical Flooding

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