Economy & Jobs — Norwood, Michigan

Income & Employment

Median Household Income (Census)$68,125
Estimated 2026~$82,600
Per Capita Income$38,837
Poverty Rate18.3%
Unemployment Rate0.0%
In Labor Force73

Top Industries

IndustryShare
Arts Food24.4%
Finance Insurance17.8%
Education Healthcare16.7%

Local Businesses (County)

TypeCount
Full Service Restaurants34
Fast Food25
Real Estate Offices24
Gas Stations17
Insurance Agencies14
Dental Offices12
Law Offices11
Grocery Stores10
Commercial Banks10
Child Day Care10
Hotels Motels10
Auto Repair9
General Merchandise8
Liquor Stores7
Clothing Stores7
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.