Northwood, OH Profile: Facts & Data

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Northwood, Ohio - Basic Facts

The City of Northwood had a population of 5,513 as of July 1, 2024. Northwood ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Ohio. See peer rankings below.

The primary coordinate point for Northwood is located at latitude 41.6073 and longitude -83.4688 in Wood County. The formal boundaries for the City of Northwood encompass a land area of 8.52 sq. miles and a water area of 0.01 sq. miles. Wood County is in the Eastern time zone (GMT -5).

The City of Northwood has a C2 Census Class Code which indicates an active incorporated place legally coextensive with a county subdivision but treated as independent of any county subdivision. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Northwood 2024 Demographic Data
  2. Growth Rates for Northwood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Ohio Research Tools (Easy Tools & Current Data)
  3. Ohio Data Comparison Tool - 2024 Demographics
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Northwood, OH Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 5,513 (100%)
Population in Households 5,473 (99.3%)
Population in Families 4,449 (80.7%)
Population in Group Quarters1 40 ( 0.7%)
Population Density 644
Diversity Index2 41
 
 

INCOME

Median Household Income $70,671
Average Household Income $107,250
% of Income for Mortgage4 14%
Per Capita Income $42,886
Wealth Index5 108
Socioeconomic Status Index6 Moderate (52.1)
 

HOUSING

Total HU (Housing Units) 2,299 (100%)
Owner Occupied HU 1,809 (78.7%)
Renter Occupied HU 395 (17.2%)
Vacant Housing Units 95 ( 4.1%)
Median Home Value $153,237
Average Home Value $203,248
Housing Affordability Index3 170
 

HOUSEHOLDS

Total Households 2,204
Average Household Size 2.48
Family Households 1,455
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 1.57% 0.81%
Households 1.50% 0.99%
Families   0.74%
Median Household Income   2.68%
Per Capita Income   3.51%
Owner Occupied HU   1.16%

Northwood, OH - Peer Comparisons by Rank and Percentile

The table below compares Northwood to the other 1,265 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 280 78th
Population Density # 937 26th
Median Household Income # 609 52nd
Housing Affordability Index # 1085 86th
Per Capita Income # 331 74th
Diversity Index # 157 88th

Additional comparisons and rankings can be made with a VERY EASY TO USE Ohio Census Data Comparison Tool.

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