Norfolk, NY is a village in St. Lawrence County with a population of 1,918 people as of the 2010 census. The median rent for a two-bedroom apartment in Norfolk is $880 which is significantly lower than the national average of $1,430 for the same type of apartment. This can make it an attractive option for those who want to save on housing costs. Grocery costs are also relatively low in Norfolk compared to the nationwide index, being 96 versus 100 respectively. In terms of climate, Norfolk has an average snowfall rate that is higher than many other parts of New York State which can provide an ideal environment for winter sports fans and outdoor enthusiasts. Furthermore, local companies such as Norwood Lumber Company and BAC Manufacturing Solutions offer additional employment opportunities within the area. All things considered, Norfolk offers a great balance between cost of living and quality of life that can be hard to find elsewhere in New York State.
Norfolk has an unemployment rate of 6.7%. The US average is 6.0%.
Norfolk has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Norfolk
- The Sales Tax Rate for Norfolk is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Norfolk 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 Norfolk
- The average income of a Norfolk resident is $27,193 a year. The US average is $37,638 a year.
- The Median household income of a Norfolk resident is $46,386 a year. The US average is $69,021 a year.