2024 Compare Cities Economy:
Norwood, NC vs Albemarle, NC

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Highlights
- Household income in Albemarle, is 18% less than it is in Norwood and is 60% below the National Average.
- Norwood unemployment rate is 4.1%.
- Albemarle unemployment rate is 4.1%.
 Norwood, NCAlbemarle, NCUnited States
 Unemployment Rate4.1%4.1%6.0%
 Recent Job Growth1.6%1.6%1.6%
 Future Job Growth37.6%37.6%33.5%
 Sales Taxes6.8%6.8%6.2%
 Income Taxes5.3%5.3%4.6%
 Income per Cap.$25,230$24,883$37,638
 Household Income$53,014$43,231$69,021
 Family Median Income$66,377$56,549$85,028
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 Est. Households By Income
 Norwood, NCAlbemarle, NCUnited States
 Income Less Than 15K11.9%19.8%9.4%
 Income between 15K and 20K12.7%7.5%3.8%
 Income between 20K and 30K9.6%10.3%8.1%
 Income between 30K and 40K8.4%10.2%8.0%
 Income between 40K and 50K5.5%7.1%7.6%
 Income between 50K and 60K11.2%6.5%7.2%
 Income between 60K and 75K9.2%9.7%9.6%
 Income between 75K and 100K11.3%10.7%12.8%
 Income between 100K and 150K13.7%12.2%16.3%
 Income between 150K and 200K4.6%3.5%7.8%
 Income greater than 200K1.9%2.5%9.5%
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 Population By Occupation
 Norwood, NCAlbemarle, NCUnited States
 Management, business, finance11.4%9.5%16.4%
 Engineering, computers, science1.1%2.5%6.5%
 Community, social services1.9%2.2%1.8%
 Legal0.0%0.0%1.2%
 Education, library7.0%4.7%6.2%
 Arts, design, media, sports, entertainment0.6%0.5%2.0%
 Healthcare practitioners and technology0.9%6.8%6.2%
 Healthcare support6.9%5.5%3.3%
 Firefighters, law enforcement1.8%3.5%2.1%
 Food preparation, serving5.2%6.2%5.4%
 Building maintenance14.7%1.4%3.6%
 Personal care2.7%3.4%2.6%
 Sales, office, administrative support10.0%17.3%20.9%
 Farming, fishing, forestry1.2%0.9%0.6%
 Construction, extraction, maintenance/repair13.3%12.4%8.1%
 Production, transportation, material moving21.3%23.1%13.1%
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