Norman, OK (73072) is a growing city with a population of over 120,000 people. It is home to several well-known companies such as the University of Oklahoma and Chesapeake Energy Corporation. The city has a low cost of living compared to the US average, with 2 bedroom rentals averaging $1,020 and grocery cost index at 100. Norman also offers many great amenities such as biking trails, parks, museums and art galleries. With its diverse economy and affordable housing options, Norman is an ideal place for families and young professionals alike to call home.
Norman (zip 73072) has an unemployment rate of 3.3%. The US average is 6.0%.
Norman (zip 73072) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Norman (zip 73072)
- The Sales Tax Rate for Norman (zip 73072) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Norman (zip 73072) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norman (zip 73072)
- The average income of a Norman (zip 73072) resident is $30,203 a year. The US average is $28,555 a year.
- The Median household income of a Norman (zip 73072) resident is $66,568 a year. The US average is $69,021 a year.