Norwood, GA is a charming small town situated in the state of Georgia. It is known for its friendly people and welcoming atmosphere. With an approximate population of 950 people, Norwood provides a peaceful and laid-back lifestyle perfect for those looking to escape bustling city life. The cost of living in Norwood is quite low with a two bedroom rent rate of only $850 compared to the US average of $1,430 and a grocery cost index of 92 compared to the US average of 100.
Norwood has many local businesses such as Granite Countertops By Design, Rockin' Pawns & Gun Shop, Hilltop Produce & Variety Store, and Hillcrest Hotel. There are also plenty of amenities nearby including parks, golf courses, and bowling alleys. Visitors to Norwood can enjoy attractions like Amicalola Falls State Park or enjoying the beautiful scenic views at Toccoa River Swinging Bridge.
Norwood has an unemployment rate of 4.4%. The US average is 6.0%.
Norwood has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Norwood
- The Sales Tax Rate for Norwood is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Norwood is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norwood
- The average income of a Norwood resident is $25,963 a year. The US average is $37,638 a year.
- The Median household income of a Norwood resident is $0 a year. The US average is $69,021 a year.