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Economy in Norway, Iowa

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyNorway, IAUnited States
Unemployment Rate7.40%9.10%
Recent Job Growth1.46%-0.12%
Future Job Growth35.52%31.25%
Sales Taxes6.00%6.80%
Income Taxes8.98%6.25%
Income per Cap.$29,495$27,067
Household Income$78,779$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.19%12.10%
Income between 15K and 25K5.26%10.18%
Income between 25K and 35K5.70%10.56%
Income between 35K and 50K13.60%14.98%
Income between 50K and 75K19.74%19.53%
Income between 75K and 100K21.05%12.52%
Income between 100K and 150K25.00%12.14%
Income between 150K and 250K5.70%3.91%
Income between 250K and 500K1.75%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.67%13.81%
Professional and Related Occupations17.75%22.68%
Service9.14%14.51%
Sales and Office23.50%25.22%
Farming, Fishing, and Forestry1.57%0.68%
Construction, Extraction, and Maintenance9.40%9.37%
Production, Transportation, and Material Moving21.41%15.86%
Median Household Income

The unemployment rate in Norway, IA, is 7.40%, with job growth of 1.46%. Future job growth over the next ten years is predicted to be 35.52%.

Norway, IA Taxes

Norway, IA,sales tax rate is 6.00%. Income tax is 8.98%.

Norway, IA Income and Salaries

The income per capita is $29,495, which includes all adults and children. The median household income is $78,779.


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