Norway, Iowa

US Census Bureau ACS 5-Year Estimates ยท 2022

IA

Norway Demographics Overview

Total Population
516
ACS 2022 estimate
Median Household Income
$90,000
Annual household income
โ–ฒ 21% vs US avg
Median Home Value
$148,000
Owner-occupied homes
โ–ผ 47% vs US avg
Median Gross Rent
$713
Monthly rent (incl. utilities)
โ–ผ 39% vs US avg
Median Age
48.3 years
Median age of residents
โ–ฒ 24% vs US avg

Income & Economy

Median Household Income
$90,000
US avg: $74,580
vs. National Median+20.7%

Housing

Median Home Value
$148,000
US avg: $281,900
Median Gross Rent
$713/mo
US avg: $1,163/mo
Rent vs. National Avg-38.7%

Population

Total Population516
Median Age
48.3 years
US avg: 38.9 yrs

Data Source

Data for Norway comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Norway, IA โ€” Frequently Asked Questions

Common questions about Norway demographics

What is the population of Norway, Iowa?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Norway, Iowa is 516.

What is the median household income in Norway?

The median household income in Norway, Iowa is $90,000 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Norway?

Key cost indicators for Norway, Iowa:. Median home value: $148,000. Median gross rent: $713/month. Median household income: $90,000/year

What is the median home value in Norway?

The median home value in Norway, Iowa is $148,000, compared to the national median of approximately $281,900.

What is the average age in Norway?

The median age in Norway, Iowa is 48.3 years, compared to the US national median age of approximately 38.9 years.

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Norway, IA Demographics - Population, Income & Housing (2022)