Norwell, Massachusetts Unemployment

Norwell, Massachusetts has a population of 11,100, with a median household income of $94,000.

Current unemployment data for Norwell.

4.70%

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Population

11,100

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Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

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Crime Rate

3.50

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Internet Speed

214.00 Mbps

Norwell is a small local community located in Massachusetts. The city has a population that is below the average city population in Massachusetts, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Norwell, located in Massachusetts, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Norwell has a population of 11,100, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Norwell is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Norwell is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Norwell is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Norwell are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Norwell shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Norwell continues to play a role in shaping regional trends in Massachusetts, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Norwell

What is the population of Norwell?

The population of Norwell is approximately 11,100.

Is Norwell a good place to live?

Norwell offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Norwell?

The median household income in Norwell is around $94,000.

How expensive is housing in Norwell?

The average housing price in Norwell is approximately $520,000.