Norwalk, WI is a small rural town located in the heart of Wisconsin. This charming little town has an affordable cost of living and many local businesses that provide goods and services to its population. Popular businesses in Norwalk include the Norwalk Supermarket, Grub ‘n’ Go convenience store, Norwalk Antiques & Collectibles shop, and Anderson’s Lawn care. The typical 2 bedroom rent in Norwalk is $900 compared to the US average of $1,430, making it a great place for people to find affordable housing. Additionally, the cost of groceries here is 92 compared to 100 nationwide which is another perk for those looking to save some money.
Norwalk has an unemployment rate of 4.2%. The US average is 6.0%.
Norwalk has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Norwalk
- The Sales Tax Rate for Norwalk is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Norwalk is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norwalk
- The average income of a Norwalk resident is $14,580 a year. The US average is $28,555 a year.
- The Median household income of a Norwalk resident is $45,089 a year. The US average is $69,021 a year.