Norman, MN County is an attractive place to live due to the low cost of living. The average 2 bedroom rent in Norman is $830, significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Norman is 93 versus 100 in the US. This makes it a great option for people looking for lower costs of living without sacrificing the quality of life. The county has a range of businesses to choose from, including local companies such as Norms Inc., Bobs Retail Store and Johnson’s Grocery Store. These businesses provide residents with jobs and goods that help keep costs low.
Norman County has an unemployment rate of 5.7%. The US average is 6.0%.
Norman County has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Norman County
- The Sales Tax Rate for Norman County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Norman County is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norman County
- The average income of a Norman County resident is $32,482 a year. The US average is $37,638 a year.
- The Median household income of a Norman County resident is $58,846 a year. The US average is $69,021 a year.