Income & Economy in Norwood village, LA (70761)
Median Income
$85,321
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+22
Wealth inflow
Population
551
Unemployment
0.0%
3.7pp below US avg
IRS migration statistics show a net inflow of about 22 for ZIP 70761 (Norwood village, LA) 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 70761 (2020–Present)
Since 2020, population grew 48.9%, median income rose 99.0% (inflation-adjusted), home values decreased 31.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $85,321 |
| Unemployment | 0.0% |
| Establishments | 8 |
| Employees | 87 |