Norway, WI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Norway, WI is a small town located near the Wisconsin River. The cost of living in Norway is relatively low compared to the US average. For example, you can expect to pay $1,190 for a two-bedroom apartment in Norway compared to the US rent of $1,430. Similarly, the grocery cost index here is 99 versus 100 in the US.
The town of Norway has plenty to offer its residents. There are many local businesses including Nelson True Value Hardware Store, Norco Service Center, Highpoint Cafe and Bar, and Johnson Lumber & Supply Co. Nature lovers will enjoy visiting places such as Badger Park and Aves Wildlife Sanctuary. Additionally there are plenty of recreational activities available such as fishing, hunting or canoeing on the Wisconsin River.

Norway has an unemployment rate of 5.9%. The US average is 6.0%.

Norway has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Norway
- The Sales Tax Rate for Norway is 5.1%. The US average is 7.3%.
- The Income Tax Rate for Norway is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Norway
- The average income of a Norway resident is $38,373 a year. The US average is $28,555 a year.
- The Median household income of a Norway resident is $96,466 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorway, WisconsinUnited States
  5.96
  -4.3%-6.2%
  29.3%33.5%
  5.1%6.2%
  6.3%4.6%
  $45,876$37,638
  $96,466$69,021
  $115,363$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  15.2%6.8%
  19.4%10.0%
  1.5%2.5%
  10.1%11.0%
  2.7%4.8%
  1.2%0.8%
  0.2%1.9%
  4.3%4.7%
  1.0%1.9%
  5.8%7.6%
  0.2%0.1%
  5.6%4.2%
  6.9%9.3%
  12.9%14.0%
  1.5%2.1%
  4.1%7.0%
  4.4%4.8%
  1.6%4.7%
Health
Compare Norway, WI
cost of living
Compare food, housing, utilities, and more in Norway, Wisconsin to any other city in the US.