Economy & Jobs — Norwood, Michigan
Income & Employment
| Median Household Income (Census) | $68,125 |
| Estimated 2026 | ~$82,600 |
| Per Capita Income | $38,837 |
| Poverty Rate | 18.3% |
| Unemployment Rate | 0.0% |
| In Labor Force | 73 |
Top Industries
| Industry | Share |
| Arts Food | 24.4% |
| Finance Insurance | 17.8% |
| Education Healthcare | 16.7% |
Local Businesses (County)
| Type | Count |
| Full Service Restaurants | 34 |
| Fast Food | 25 |
| Real Estate Offices | 24 |
| Gas Stations | 17 |
| Insurance Agencies | 14 |
| Dental Offices | 12 |
| Law Offices | 11 |
| Grocery Stores | 10 |
| Commercial Banks | 10 |
| Child Day Care | 10 |
| Hotels Motels | 10 |
| Auto Repair | 9 |
| General Merchandise | 8 |
| Liquor Stores | 7 |
| Clothing Stores | 7 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.