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AREA INFORMATION

Norway, IA

Explore the real estate in Norway, IA

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Area Highlights

Norway, IA residents have a median age of 40.2 years old, with employment highest in the production occupations and construction industries.

461 Population

190 Households

$85,625 /yr
Median Household Income

$177,000
Median Home Sale Price

27m Median Commute Time

Most people in this area drive to work.

Area Map

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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

40.2 Median Age

Average Household Size

2.4
persons per
household

57.9%

Married Households

Community Population By Education

High School Graduate 33%
Some College 24%
Associates Degree 18%
Bachelors Degree 15%
Graduate Degree 9%
Some High School 1%

Household Family Expenses vs National Average

31.6% of households have children

Area Schools

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Economics

$85,625 /yr
Median Household Income
$177,000
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 96%
  • Work from Home 3%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 156 78%
Rented 34 17%
Vacant 10 5%

White vs Blue Collar Jobs







White Collar 65%
Blue Collar 35%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 95%
Hispanic 2%
Black <1%
Asian <1%
Native American <1%
Other <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

86° July
Hottest Average Month
10° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
10°
28°
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)

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* 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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