Norfolk, CT is a small town located in Litchfield county. It has numerous attractions and activities, including a number of parks with hiking trails, museums, art galleries, and historical sites. The town also boasts a great selection of restaurants and local businesses such as Connecticut River Bank, the Norfolk Library, and the Norfolk Grocery Store. The cost of living in Norfolk is slightly below average compared to the rest of the country; 2 bedroom rent in Norfolk is quite affordable at $1,380 while the US 2 bedroom rent stands at $1,430. Additionally, grocery costs are lower with an index of 109 versus 100 in the US. Overall Norfolk is an ideal location for a relaxing getaway or a family move due to its affordability and plethora of fun activities.
Norfolk has an unemployment rate of 6.6%. The US average is 6.0%.
Norfolk has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Norfolk
- The Sales Tax Rate for Norfolk is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Norfolk is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norfolk
- The average income of a Norfolk resident is $46,770 a year. The US average is $37,638 a year.
- The Median household income of a Norfolk resident is $76,382 a year. The US average is $69,021 a year.