Income & Economy in Norwood town, CO (81423)
Median Income
$61,316
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+67
Wealth inflow
Population
1,462
Unemployment
6.4%
2.7pp above US avg
IRS migration statistics show a net inflow of about 67 for ZIP 81423 (Norwood town, CO) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 81423 (2020–Present)
Since 2020, population declined 18.0%, median income fell 17.1% (inflation-adjusted), home values increased 17.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,316 |
| Unemployment | 6.4% |
| Establishments | 59 |
| Employees | 317 |