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AREA INFORMATION

52318 (Norway, IA)

Explore the real estate in 52318 (Norway, IA)

Area Highlights

52318 (Norway, IA) residents have a median age of 40.9 years old, with employment highest in the production occupations and administrative support industries.

1,686 Population

704 Households

$87,229 /yr
Median Household Income

$177,000
Median Home Sale Price

26m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

40.9 Median Age

Average Household Size

2.4
persons per
household

58.9%

Married Households

Community Population By Education

High School Graduate 32%
Some College 24%
Associates Degree 17%
Bachelors Degree 16%
Graduate Degree 10%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 31.62% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
31.1% of households have children

Area Schools

4-6
0.5 MILES
B+
Norway Elementary

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$87,229 /yr
Median Household Income
$177,000
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 21.25% of the households.

Transportation to Work

  • Drive 94%
  • Work from Home 5%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 581 78%
Rented 123 17%
Vacant 39 5%

White vs Blue Collar Jobs







White Collar 65%
Blue Collar 35%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 40.9 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 95%
Hispanic 2%
Black <1%
Asian <1%
Other <1%
Native American <1%
The most prevalent ethnicity is White at 95%, followed by Hispanic at 2%, Asian at <1%, and Black at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

86° July
Hottest Average Month
11° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
11°
29°
Feb
15°
33°
Mar
26°
46°
Apr
38°
61°
May
49°
73°
Jun
59°
81°
Jul
63°
86°
Aug
61°
84°
Sep
52°
76°
Oct
41°
64°
Nov
28°
47°
Dec
16°
33°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$1,310,407
For sale
79.66 acres

Benton-Iowa Rd.
Amana, IA 52318

$149,900
For sale
5 beds • 1 baths • 1 half baths • 2,226 sqft

108 Lincoln Street
Norway, IA 52318

$125,000
For sale
2 beds • 1 baths • 794 sqft

302 E Tuttle St
Norway, IA 52318

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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