Norwich town, NY is a small town located in the state of New York. It is known for its affordable rental rates and cost of living. The average rent for a two-bedroom apartment in Norwich town is $830, which is significantly lower than the national average of $1,430. In addition to low rental rates, grocery costs are also lower than the US index of 100; at only 97. As a result, Norwich Town provides an excellent opportunity for those looking to save money while still enjoying the amenities of a larger city.
The town also boasts a number of businesses both large and small. C&J Bus Lines provides public transportation services throughout Norwich Town and its surrounding areas. Family Dollar offers great deals on all types of merchandise in their local store just off Main Street. Additionally there is a Walmart Supercenter located near the center of town to provide residents with all their shopping needs. All these companies help keep life in Norwich Town affordable and enjoyable for its residents.
Norwich town has an unemployment rate of 6.3%. The US average is 6.0%.
Norwich town has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Norwich town
- The Sales Tax Rate for Norwich town is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Norwich town is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norwich town
- The average income of a Norwich town resident is $22,724 a year. The US average is $28,555 a year.
- The Median household income of a Norwich town resident is $63,875 a year. The US average is $69,021 a year.