Norway, IA demographics:
population, income, and more
Norway population
How many people live in Norway
Norway is home to 546 residents, according to the most recent Census data. Gender-wise, 53.5% of Norway locals are male, and 46.5% are female.
Age demographics
The median age in Norway is 44, with the population distributed as follows: about 15.2% are children under 15, then 9.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.5% of the population, while another 26.4% fall into the 45 to 64 bracket. Finally, around 23.6% are 65 or older.
Racial makeup
In Norway, 99.8% of the population are US-born citizens, while 0.2% have gained naturalized citizenship. There’s also a share of 2.8% that includes residents with two or more races.
Households in Norway
A peek inside Norway households
Norway has 226 households, with an average of 2 members in each. Of these, 57.5% are families, while the remaining 42.5% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Norway
The housing landscape of Norway
Norway's housing consists of 240 units, with 94.6% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.8% and offer a more compact, shared living style.
The age of buildings in Norway
In Norway, the median construction year is 1960. About 42.9% of homes were built before the 1940s, with another 4.2% going up by 1949. Most development happened in the second half of the 20th century.
Norway occupancy rates
Out of the 226 occupied housing units in Norway, 92.5% are owner-occupied, while 7.5% are lived in by tenants. Meanwhile, 5.8% of all homes on the local market sit vacant.
Norway housing costs
Housing costs in Norway come to a median of $959 per month, while tenants specifically pay a median gross rent of $1,073.
Education in Norway
Norway education at a glance
About 45.4% of the population in Norway went to high school, while 19.4% pursued college studies. Another 15.8% earned an associate degree and 19.4% hold a bachelor’s.
Income in Norway
How much people earn in Norway
The average annual household income in Norway was $84,982 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -10.2% change from the previous year. At the same time, the median income stood at $76,667, reflecting a -16% shift over the same period.
Norway income by age
In Norway, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $76,667. Those with someone between 45 and 64 in charge, often well established professionally, earn $102,813 overall. Overall, 92% of the locals in this community live above the poverty line.
Average renter income in Norway
To get a better sense of what renters earn on average in Norway, their median household income was $58,125 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 22.2%, shows what portion of their earnings goes toward housing expenses.
Employment in Norway
Workforce and job types in Norway
The job market in Norway is powered by 308 working residents, spread across a range of industries and roles. 64.9% of the working population are employed in professional or administrative positions, while 35.1% are in hands-on or service-based jobs. Also, 5.2% run their own businesses, 79.6% are employed by private companies, and 10.4% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Norway stands at 1%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Norway
How people get around in Norway
Commuting methods vary: 90% of residents travel by personal vehicle and 1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Norway by zipcode?
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FAQs about Norway demographics
What is the total population of Norway?
What is the gender ratio in Norway?
- 53.5% males (292 residents)
- 46.5% females (254 residents)
What is the median age in Norway?
What is the age distribution of the population in Norway?
- Under 15: 15.2% (83 residents)
- Ages 15-24: 9.3% (51 residents)
- Ages 25-44: 25.5% (139 residents)
- Ages 45-64: 26.4% (144 residents)
- Over 65: 23.6% (129 residents)
What is the racial and ethnic makeup of Norway?
- White: 97.2% (531 residents)
- Black or African American: 0% (0 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 2.8% (15 residents)
- Other: 0% (0 residents)
What percentage of the population in Norway are U.S.-born citizens?
How many housing units are there in Norway?
How many households are in Norway and what is the average household size?
What is the median household income in Norway?
What is the employment rate and job market overview for Norway?
Job types:
- White-collar workers: 64.9% (200 residents)
- Blue-collar workers: 35.1% (108 residents)
Places of employment:
- Self-employed: 5.2% (16 residents)
- Private companies: 79.6% (245 residents)
- Governmental workers: 10.4% (32 residents)
- Not-for-profit companies: 4.9% (15 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.