Zip 13668 (Norwood, NY) Economy


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13668 Norwood, NY is an area with a moderate cost of living. The two bedroom rent in this area is $930, which is substantially lower than the US average of $1,430. In addition, the Grocery Cost index in the area is 96 compared to 100 in the US. This suggests that groceries may be slightly less expensive than other areas.
13668 Norwood, NY also has plenty of local companies to choose from such as Ogdensburg Savings Bank, Time Warner Cable Business Class, and Xerox Corporation. These companies offer a variety of services to local customers and provide employment opportunities for those looking for work within the region.
Overall, 13668 Norwood, NY offers an affordable cost of living with plenty of local companies available for those looking to live or work in the area.

Norwood (zip 13668) has an unemployment rate of 6.7%. The US average is 6.0%.

Norwood (zip 13668) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Norwood (zip 13668)
- The Sales Tax Rate for Norwood (zip 13668) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Norwood (zip 13668) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Norwood (zip 13668)
- The average income of a Norwood (zip 13668) resident is $23,598 a year. The US average is $28,555 a year.
- The Median household income of a Norwood (zip 13668) resident is $77,986 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorwood, New YorkUnited States
  6.76
  -3.2%-6.2%
  20.9%33.5%
  8.0%6.2%
  6.2%4.6%
  $36,713$37,638
  $77,986$69,021
  $98,036$85,028
  Population by Occupation
  0.3%1.2%
  0.7%0.5%
  2.5%6.8%
  7.4%10.0%
  1.4%2.5%
  11.5%11.0%
  8.9%4.8%
  4.9%0.8%
  1.3%1.9%
  1.6%4.7%
  0.5%1.9%
  1.6%7.6%
  0.0%0.1%
  3.3%4.2%
  20.6%9.3%
  15.9%14.0%
  1.0%2.1%
  4.0%7.0%
  5.9%4.8%
  6.7%4.7%
Health