Economy in Norwood township, Missouri
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Economy
| Unemployment Rate | 8.60% | 9.10% |
| Recent Job Growth | 0.55% | -0.12% |
| Future Job Growth | 32.50% | 31.25% |
| Sales Taxes | 7.74% | 6.80% |
| Income Taxes | 6.00% | 6.25% |
| Income per Cap. | $15,375 | $27,067 |
| Household Income | $31,831 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 21.01% | 12.10% |
| Income between 15K and 25K | 17.94% | 10.18% |
| Income between 25K and 35K | 16.17% | 10.56% |
| Income between 35K and 50K | 18.23% | 14.98% |
| Income between 50K and 75K | 15.53% | 19.53% |
| Income between 75K and 100K | 6.50% | 12.52% |
| Income between 100K and 150K | 3.45% | 12.14% |
| Income between 150K and 250K | 0.42% | 3.91% |
| Income between 250K and 500K | 0.69% | 3.34% |
| Income greater than 500K | 0.06% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.56% | 13.81% |
| Professional and Related Occupations | 20.22% | 22.68% |
| Service | 23.03% | 14.51% |
| Sales and Office | 30.40% | 25.22% |
| Farming, Fishing, and Forestry | 0.02% | 0.68% |
| Construction, Extraction, and Maintenance | 6.55% | 9.37% |
| Production, Transportation, and Material Moving | 19.27% | 15.86% |
The unemployment rate in Norwood township, MO, is 8.60%, with job growth of 0.55%. Future job growth over the next ten years is predicted to be 32.50%.
Norwood township, MO Taxes
Norwood township, MO,sales tax rate is 7.74%. Income tax is 6.00%.
Norwood township, MO Income and Salaries
The income per capita is $15,375, which includes all adults and children. The median household income is $31,831.
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