Norwood is located close to the center of North Carolina. Norwood is part of Stanly County. Norwood has 4.48 square miles of land area and 0.14 square miles of water area. As of 2010-2014, the total Norwood population is 2,727, which has grown 23.06% since 2000. The population growth rate is higher than the state average rate of 21.13% and is much higher than the national average rate of 11.61%. Norwood median household income is $36,250 in 2010-2014 and has grown by 14.85% since 2000. The income growth rate is lower than the state average rate of 19.16% and is much lower than the national average rate of 27.36%. Norwood median house value is $106,300 in 2010-2014 and has grown by 48.46% since 2000. The house value growth rate is higher than the state average rate of 41.83% and is about the same as 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 704.