Norwood is located in west Colorado. Norwood is part of San Miguel County. Norwood has 0.29 square miles of land area and has no water area. As of 2010-2014, the total Norwood population is 536, which has grown 22.37% since 2000. The population growth rate is higher than the state average rate of 20.84% and is much higher than the national average rate of 11.61%. Norwood median household income is $39,750 in 2010-2014 and has grown by 0.95% since 2000. The income growth rate is much lower than the state average rate of 25.94% and is much lower than the national average rate of 27.36%. Norwood median house value is $156,800 in 2010-2014 and has grown by 30.56% since 2000. The house value growth rate is lower than the state average rate of 43.70% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Norwood is better than the state average in quality. The Norwood area code is 970.