Orivian

Norwood · FY2021 municipal finance benchmarks

San Miguel County · Central Mountains & Resort · statutory town · Pop. 516 (2025 estimate); FY2021 per-resident figures use 533 · Census finance data FY2016, FY2021

Latest Census Bureau finance data for Norwood: FY2021. Retrieved Oct 2026. Newer years are added when the Census Bureau publishes them. Why the lag?

City website (opens in a new tab)

Compare

FY2021 in brief

Norwood collected $2,535 per resident (including city-run utilities), in line with the median of the 227 Colorado municipalities reporting that year, 14% below its peers. Tax revenue per resident sits in line with its peers. Debt per resident runs 76% below peers.

Generated from the figures below. Every number links to its Census source.

Compared with

Nearest on population, household income and region

FY2021 headline figures

Revenue per resident (definition)

$2,535
14% below peers
Includes city-owned utilities
Peer median
$2,963
CO median · 227 with a published figure
$2,476
Position
Higher than 53% of the 227 reporting
5-year changenominal dollars
Not enough history for a 5-year change
How Colorado compares on revenue per resident

Expenditures per resident (definition)

$1,949
19% above peers
Includes city-owned utilities
Peer median
$1,640
CO median · 220 with a published figure
$2,208
Position
Higher than 43% of the 220 reporting
5-year changenominal dollars
Not enough history for a 5-year change

Tax revenue per resident (definition)

$1,043
in line with peers
Peer median
$997
CO median · 201 with a published figure
$1,072
Position
Higher than 49% of the 201 reporting
5-year changenominal dollars
+7.4%/yr

Debt per resident (definition)

$469
76% below peers
Peer median
$1,970
CO median · 199 with a published figure
$1,411
Position
Higher than 20% of the 199 reporting
5-year changenominal dollars
Not enough history for a 5-year change
How Colorado compares on debt per resident

How this number was calculated

Revenue per resident · $2,535
Reported by the city to the Census Bureau

  1. 1Metric

    $2,535 Total revenue divided by population

    = Total revenue ÷ population

    Full definition: Revenue per resident

  2. 2Inputs

    Total revenue $1.4M ÷ population 533 (2021 estimate)

  3. 3Census line items

    • A59 Natural resources charges
    • A89 General government (other) charges
    • A91 Water utility charges
    • C89 State aid
    • D89 Local government aid
    • T01 Property tax
    • T09 General sales tax
    • T28 Licenses & permits
    • T29 Licenses & permits
    • U30 Fines & forfeits
    • U99 Miscellaneous

  4. 4Source file

What the numbers mean

  • Norwood runs city-owned utilities, which add 35.5% of its revenue. Cities that don't run utilities will look lower on revenue and spending per resident for that reason alone. What counts as utility revenue
  • With about 533 residents, small changes in Norwood's budget move per-resident figures a lot. Compare several years, not one.

Where the money comes from and where it goes

Per resident, FY2021. Bars show Norwood; the gold tick is the peer median. How categories work

The biggest difference from peers is Utilities & environment: $807 per resident, 92% above the peer median. On the revenue side, fees & charges is 85% below peers.

Money in

Revenue

$2,535
per resident14% below peers
Money in: Norwood revenue per resident by category, FY2021, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$89927% abovepeers $708
$848in line withpeers $815
$4952.6×peers $189
$17622% abovepeers $144
$5685% belowpeers $380
$4154% belowpeers $89
$1961% belowpeers $48
Peer median of 5 peers · Colorado median of 227 reporting

Money out

Spending

$1,949
per resident19% above peers
Money out: Norwood spending per resident by category, FY2021, against the peer median. Open a category for its lines and Census item codes.
CategoryPer residentvs peers
$90647% abovepeers $618
$80792% abovepeers $421
$19915% abovepeers $172
$2347% belowpeers $43
$1575% belowpeers $59
None reported · peers $221$0None reported
Peer median of 5 peers · Colorado median of 220 reporting

Norwood and its peers

The five Colorado municipalities nearest on population, median household income and region. Budget size isn’t a matching factor, so peers aren’t chosen on the figures being compared. Per resident, FY2021. How peers are chosen

Open in Compare
Norwood compared with its peer municipalities, FY2021, per resident
MunicipalityRevenueExpendituresTax revenueSales taxDebt
NorwoodUtilities: City-owned utilities (water, electric, gas, transit) brought in 35.5% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$2,535$1,949$1,043$848$469
WaldenUtilities: City-owned utilities (water, electric, gas, transit) brought in 53.2% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$4,010$4,292$997$815$2,768
Lake CityUtilities: City-owned utilities (water, electric, gas, transit) brought in 18.1% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.Regional hub: Sales tax per resident is 1.8× the Colorado median.$4,270$1,326$1,807$1,576$1,970
South ForkUtilities: City-owned utilities (water, electric, gas, transit) brought in 14.7% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.Regional hub: Sales tax per resident is 2.6× the Colorado median.$2,963$2,039$2,286$2,250Not reported for this year
YampaUtilities: City-owned utilities (water, electric, gas, transit) brought in 36.6% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$1,935$1,640$652$418$1,126
SaguacheUtilities: City-owned utilities (water, electric, gas, transit) brought in 13.4% of total revenue in FY2021. Revenue and spending per resident include them, so cities that run their own utilities read higher than cities that don't.$2,200$1,423$935$740Not reported for this year
Peer median$2,963$1,640$997$815$1,970

Utilities marks a municipality whose revenue and spending include city-owned utilities (water, electric, gas, transit), which raises its per-resident totals.

Regional hub marks a municipality whose sales tax per resident is at least 1.5× the Colorado median: a shopping or visitor hub where people who live elsewhere pay much of the sales tax.

Trends

Every available fiscal year. Lines break where a year is missing or withheld; nothing is interpolated.

  • This city
  • Peer median
  • Withheld (shown on the axis, no value)
  • Colorado median (Census of Governments years only)
Revenue per resident
FY2021 $2,535. 1 year withheld.$0$1.5K$3K’16’21Peer median FY2021: $2,963Colorado median FY2016: $1,746 (all 224 municipalities reporting)Colorado median FY2021: $2,476 (all 227 municipalities reporting)FY2021: $2,535FY2016: withheld — Revenue per resident is 23% of the peer median

Fiscal year · nominal dollars, not adjusted for inflation

  • FY2016 withheld: Revenue per resident is 23% of the peer median
Show data table
Revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016Withheld (Revenue per resident is 23% of the peer median)Benchmark unavailable$1,746 (224 reporting)
FY2021$2,535$2,963$2,476 (227 reporting)
Expenditures per resident
FY2021 $1,949. 1 year withheld.$0$1.1K$2.2K’16’21Peer median FY2021: $1,640Colorado median FY2016: $1,749 (all 224 municipalities reporting)Colorado median FY2021: $2,208 (all 227 municipalities reporting)FY2021: $1,949FY2016: withheld — Expenditures per resident is 21% of the peer median

Fiscal year · nominal dollars, not adjusted for inflation

  • FY2016 withheld: Expenditures per resident is 21% of the peer median
Show data table
Expenditures per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016Withheld (Expenditures per resident is 21% of the peer median)Benchmark unavailable$1,749 (196 reporting)
FY2021$1,949$1,640$2,208 (220 reporting)
Tax revenue per resident
FY2016 $731 to FY2021 $1,043.$0$728.2$1.5K’16’21Peer median FY2016: $1,456Peer median FY2021: $997Colorado median FY2016: $705 (all 224 municipalities reporting)Colorado median FY2021: $1,072 (all 227 municipalities reporting)FY2016: $731FY2021: $1,043

Fiscal year · nominal dollars, not adjusted for inflation

Peer group changed in FY2021. Peers are matched each year, so the peer median can step when the group changes.

Show data table
Tax revenue per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016$731$1,456$705 (193 reporting)
FY2021$1,043$997$1,072 (201 reporting)
Debt per resident
FY2021 $469.$0$984.8$2K’16’21Peer median FY2021: $1,970Colorado median FY2021: $1,411 (all 227 municipalities reporting)FY2021: $469

Fiscal year · nominal dollars, not adjusted for inflation

Show data table
Debt per resident by fiscal year
YearThis cityPeer medianColorado median
FY2016———
FY2021$469$1,970$1,411 (199 reporting)

Questions about Norwood’s finances

How much revenue does Norwood collect per resident?
Norwood collected $2,535 per resident in FY2021, in line with the median of the 227 Colorado municipalities reporting that year. See the figure
How does Norwood's spending per resident compare with similar cities?
Norwood spent $1,949 per resident in FY2021, 19% above the median of its peers: Walden, Lake City, South Fork, Yampa and Saguache. See the figure
How much debt does Norwood have per resident?
Norwood carried $469 of debt per resident in FY2021, 76% below its peers' median. See the figure
Which cities is Norwood compared with?
Norwood is compared with Walden, Lake City, South Fork, Yampa and Saguache: the Colorado municipalities nearest to it on population, median household income and region. Budget size isn't used, so peers aren't chosen on the figures being compared. See the peer table
Where do these numbers come from?
From the U.S. Census Bureau's Annual Survey of State and Local Government Finances, as each government reported its own fiscal year, divided by Census population estimates. Figures that fail quality checks are withheld rather than shown. Sources and methodology

Community context

American Community Survey 5-year estimates and Census population estimates. Where the selected year isn’t available, the nearest earlier year is shown and labeled.

Population growth (5-yr)
−1.6%/yr
2021 estimate
Median household income
$51.8K
2021 estimate
Poverty rate
14.2%
2021 estimate
Median home value
$255K
2021 estimate
Housing vacancy rate
14.2%
2021 estimate

Explore further

Also in Central Mountains & Resort

Revenue per resident, latest published year.

Sources

Dataset: Norwood, CO municipal finance benchmarks

Free to reuse under CC BY 4.0 (opens in a new tab). Please credit “Source: Orivian Municipal Index, orivian.ai/benchmarks”. See the data use terms.

Notes: dollars are nominal (not inflation-adjusted). Colorado medians cover the municipalities reporting that year. Peers: nearest on population, income and region. Definitions: orivian.ai/benchmarks/methodology.Retrieved October 12, 2026 from orivian.ai/benchmarks.

Every figure on this page is read from the published index; nothing is recalculated for display. Read the methodology

Utilities & environment is Norwood’s largest difference from its peers (92% above the peer median in FY2021). See how that line moves month to month in your own budget-vs-actual.

Orivian applies the same sourced, governed approach to your city's own budget-vs-actual data.

See how it worksTalk to us
Book a walkthrough