Population 392 · Census ACS 2020–24
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Population and households in Norwood Hollow
Household size in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 2.67 | 2.53 | 2.68 |
| 2010–14 | 2.06 | 2.58 | 2.73 |
| 2015–19 | 2.08 | 2.56 | 2.71 |
| 2020–24 | 2.28 | 2.52 | 2.65 |
| Change | −0.38 | −0.01 | −0.03 |
Households in Norwood Hollow are small: just 2.28 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has dropped from 2.67, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 37.5 | 37.9 | 37.7 |
| 2010–14 | 40.0 | 38.9 | 38.6 |
| 2015–19 | 42.5 | 40.2 | 39.6 |
| 2020–24 | 40.3 | 40.3 | 40.1 |
| Change | +2.8 | +2.3 | +2.3 |
Half of the people in Norwood Hollow are younger than 40.3 and half are older, close to the national median of 40.1.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 10.2% | 12.3% | 12.3% |
| 2010–14 | 4.4% | 12.5% | 12.3% |
| 2015–19 | 7.3% | 11.6% | 11.6% |
| 2020–24 | 8.8% | 11.4% | 11.6% |
| Change | −1.4 pts | −1.0 pts | −0.6 pts |
Single-parent households are less common in Norwood Hollow than nationally: 8.8%, against 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Norwood Hollow
Renters in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 48.0% | 31.9% | 33.3% |
| 2010–14 | 39.6% | 34.2% | 35.6% |
| 2015–19 | 39.6% | 34.8% | 36.0% |
| 2020–24 | 23.8% | 33.4% | 34.8% |
| Change | −24.1 pts | +1.4 pts | +1.5 pts |
Norwood Hollow is largely a place of homeowners: only 23.8% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. More than four in ten owners (43.9%) have paid off their mortgages, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 67.0% | 12.8% | 11.4% |
| 2010–14 | 61.2% | 12.8% | 11.4% |
| 2015–19 | 58.0% | 12.5% | 11.1% |
| 2020–24 | 65.4% | 11.4% | 9.6% |
| Change | −1.5 pts | −1.5 pts | −1.8 pts |
Vacant homes make up 65.4% of the housing in Norwood Hollow, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 1984 | 1983 | 1974 |
| 2010–14 | 1985 | 1985 | 1975 |
| 2015–19 | 1987 | 1986 | 1977 |
| 2020–24 | 1988 | 1990 | 1980 |
| Change | +4 | +7 | +6 |
Norwood Hollow has newer housing than the country as a whole: the median home was built in 1988, versus 1980 nationally. North Carolina as a whole looks much the same.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | $988 | $789 | $965 |
| 2010–14 | $717 | $868 | $1,040 |
| 2015–19 | $872 | $981 | $1,213 |
| 2020–24 | $836 | $1,317 | $1,571 |
| Change | −$152 | +$528 | +$606 |
The median renter in Norwood Hollow pays $836 a month for rent and utilities, well below the national median of $1,571. Rent takes 31.3% of the typical renter's income, just over the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Norwood Hollow
Bachelor's degrees in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 31.0% | 27.8% | 28.4% |
| 2010–14 | 34.9% | 29.0% | 29.6% |
| 2015–19 | 33.5% | 32.0% | 32.1% |
| 2020–24 | 42.5% | 36.2% | 35.6% |
| Change | +11.5 pts | +8.4 pts | +7.2 pts |
College degrees are more common in Norwood Hollow than nationally: 42.5% of adults 25 and older have a bachelor's or higher, against 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 85.4% | 84.5% | 84.9% |
| 2010–14 | 89.9% | 86.0% | 86.1% |
| 2015–19 | 92.3% | 88.1% | 87.7% |
| 2020–24 | 90.6% | 90.2% | 89.3% |
| Change | +5.2 pts | +5.7 pts | +4.3 pts |
About as many adults in Norwood Hollow have finished high school as nationally: 90.6%, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Norwood Hollow
| Period | Norwood Hollow | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 7.2% | 8.8% | 8.1% |
| 2010–14 | 2.5% | 10.6% | 9.4% |
| 2015–19 | 2.8% | 5.7% | 5.6% |
| 2020–24 | 1.2% | 4.8% | 5.4% |
| Change | −6.0 pts | −4.0 pts | −2.7 pts |
The job market in Norwood Hollow has been strong: just 1.2% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Norwood Hollow compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Norwood Hollow | 2.28 | 40.3 | 8.8% | 23.8% | 65.4% | 1988 | $836 | 42.5% | 90.6% | 1.2% |
| Banner Elk | 2.33 | 41.3 | 9.7% | 19.5% | 58.0% | 1988 | $916 | 40.0% | 89.0% | 5.6% |
| Sugar Mountain | 2.16 | 56.0 | 4.3% | 14.6% | 77.1% | 1985 | $1,121 | 57.2% | 97.0% | 3.1% |
| Seven Devils | 2.72 | 33.8 | 15.1% | 21.5% | 68.3% | 2000 | $951 | 44.9% | 94.1% | 4.4% |
| Grassy Creek | 2.24 | 48.9 | 8.1% | 25.9% | 32.4% | 1985 | $722 | 20.7% | 92.0% | 5.8% |
| Grandfather | 2.15 | 57.8 | 3.5% | 12.9% | 79.1% | 1985 | $1,158 | 59.4% | 97.8% | 3.2% |
| Linville | 1.99 | 57.9 | 3.0% | 14.8% | 66.8% | 1987 | $1,006 | 39.4% | 95.1% | 9.3% |
| Beech Mountain | 2.07 | 51.0 | 4.2% | 12.3% | 58.8% | 1983 | $1,016 | 42.2% | 90.6% | 7.0% |
| Valle Crucis | 2.11 | 47.2 | 6.4% | 27.0% | 60.9% | 1986 | $1,052 | 48.9% | 95.6% | 5.8% |
| Shulls Mill | 2.42 | 35.0 | 4.5% | 35.7% | 46.1% | 1983 | $1,097 | 56.4% | 93.5% | 10.5% |
| Elk Park | 2.68 | 40.9 | 6.1% | 21.1% | 23.3% | 1977 | $1,003 | 16.1% | 78.1% | 5.4% |
All figures 2020–24.
Cities with similar populations: Poplar Grove, TN · Phoenix, MS · Pico, VA · Piedmont, GA · Pierpont, MO · Pike, TX · Pilot Mound, IA · Pleasant Hall, PA · Pleasant View, CO · Plevna, KS
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Norwood Hollow. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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