Norman, NE Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Norman, Nebraska is a great place to live. It has a low cost of living and reasonable rent prices for 2 bedroom apartments at $860 compared to the United States average of $1,430. The grocery cost index in Norman is also lower than the national average at 97 versus 100. There are many local businesses that make up the economy such as Lovelace Pharmacy, Cottonwood Veterinary Hospital and Fitness Together which provides personalized personal training sessions. Whether you are looking for work or just wanting to explore what Norman has to offer, there is something for everyone here in this small town.

Norman has an unemployment rate of 1.8%. The US average is 6.0%.

Norman has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Norman
- The Sales Tax Rate for Norman is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Norman is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Norman
- The average income of a Norman resident is $18,374 a year. The US average is $28,555 a year.
- The Median household income of a Norman resident is $62,292 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorman, NebraskaUnited States
  1.86
  -1.7%-6.2%
  23.8%33.5%
  5.5%6.2%
  6.8%4.6%
  $34,732$37,638
  $62,292$69,021
  $80,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  7.4%10.0%
  7.4%2.5%
  7.4%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  7.4%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  14.8%9.3%
  18.5%14.0%
  0.0%2.1%
  0.0%7.0%
  37.0%4.8%
  0.0%4.7%
Health
Compare Norman, NE
cost of living
Compare food, housing, utilities, and more in Norman, Nebraska to any other city in the US.