Norwich, ND is a small city located in the southeastern part of the state. It has a population under 2,000 people, making it an ideal place for those looking for a more rural lifestyle. The rent for a two bedroom home in Norwich is quite affordable at $830 per month compared to the US average of $1,430. Grocery cost indexes in Norwich are also very reasonable with an index score of 100 compared to the US rate.
Companies and employers in Norwich include the local school district, Horizon Resources Group LLC., American AgCredit, and JB Electric Inc. The community is diverse and welcoming, and there are plenty of job opportunities for those who want to live and work in this small city.
Norwich has an unemployment rate of 6.8%. The US average is 6.0%.
Norwich has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Norwich
- The Sales Tax Rate for Norwich is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Norwich is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norwich
- The average income of a Norwich resident is $46,934 a year. The US average is $28,555 a year.
- The Median household income of a Norwich resident is $110,956 a year. The US average is $69,021 a year.