Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

35 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,404

Average Rent as Percentage of Gross Income

Median rent for 2018: $741

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $10,015
--Home Prepared Food $5,643
--Restaurant/Takeaway Food $4,372
Alcoholic Beverages $735
Housing $25,385
--Rent/Mortgage/Upkeep/Taxes $14,843
--Utilities $5,117
--Operations $1,927
--Supplies $944
--Furnishings $2,563
Apparel $2,355
--Men & Boys $527
--Women & Girls $954
--Children < 2 $10
--Footwear $497
Transportation $12,330
--New Vehicles $2,305
--Used Vehicles $2,633
--Fuel $2,663
--Insurance $1,232
--Public Transit $1,033
Healthcare $6,279
Entertainment $4,074
--Pets $835
--Toys $199
Personal Care Products $974
Books & Literature $139
Education $1,778
Tobacco Products $437
Miscellaneous $1,252
Retirement $2,384
Non-health Insurance $9,220
Total Expenditures $77,357

Selected Population Data

Period Geography Population
2014 Norwood Young America city, Minnesota 3,617
2015 Norwood Young America city, Minnesota 3,630
2016 Norwood Young America city, Minnesota 3,655
2017 Norwood Young America city, Minnesota 3,686
2018 Norwood Young America city, Minnesota 3,700