Norman, ND Economy


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United States / North Dakota / No Metro Area / Traill County / Norman / Zip Codes
Norman, ND is a wonderful place to call home. With an average 2-bedroom rent of $820, and a Grocery Cost Index of 96 compared to the US average of 100, Norman is an affordable option for living in relative comfort. The local community offers plenty to do and see; there are numerous parks, art galleries, movie theaters, restaurants, and shopping centers in the area. One can also find many large companies such as Price Industries Inc., Bison Oil & Gas Co., G&K Services Inc., and Fox Solutions located in Norman. These businesses provide jobs for locals and help power the economy. Moreover, the city's strong cultural heritage means that residents have access to diverse festivals celebrating culture such as film, theatre, music and food. With all these factors combined, it’s no wonder that Norman is such a great place to live!

Norman has an unemployment rate of 3.4%. 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 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Norman
- The Sales Tax Rate for Norman is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Norman 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 Norman
- The average income of a Norman resident is $43,000 a year. The US average is $37,638 a year.
- The Median household income of a Norman resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorman, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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