Norway Lake, ND is a small town located in the midwest of America. It is known for its peaceful and rural atmosphere, as well as its affordability. The average rent for a two-bedroom apartment is $820 while the US average for the same type of apartment is $1,430. Grocery costs in Norway Lake are also lower than the US average with an index score of 93 compared to 100.
The town features a variety of businesses including Anderson Construction Inc., Norway Lake Corner Store, Anderson's Grocery Store, and Norway Lake Lumber Co. Attractions such as Eckerd Lake Park offer plenty of activities for residents to enjoy, from fishing and boating to hiking trails and biking paths. With its affordable cost of living and abundance of recreational activities, Norway Lake is a great place to call home.
Norway Lake has an unemployment rate of 5.5%. The US average is 6.0%.
Norway Lake 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 20.3%, which is lower than the US average of 33.5%.
Tax Rates for Norway Lake
- The Sales Tax Rate for Norway Lake is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Norway Lake 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 Norway Lake
- The average income of a Norway Lake resident is $20,941 a year. The US average is $37,638 a year.
- The Median household income of a Norway Lake resident is $46,786 a year. The US average is $69,021 a year.