Zip 52318 (Norway, IA) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Norway, IA (52318) is a small town in Iowa with a population of 632 people. It is located in Allamakee County and is close to major cities like Dubuque and La Crosse. Norway has several local businesses such as the Allamakee Co-op, Stephens’ Grocery & Gas, and The Brickhouse Bar & Grill.
The average cost of living in Norway is relatively low compared to other cities in the US. Rent for a two bedroom apartment averages at around $930 per month while grocery costs index at 94 versus 100 in the US. Furthermore, local utilities are also fairly reasonable when compared nationally.

Norway (zip 52318) has an unemployment rate of 5.0%. The US average is 6.0%.

Norway (zip 52318) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Norway (zip 52318)
- The Sales Tax Rate for Norway (zip 52318) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Norway (zip 52318) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Norway (zip 52318)
- The average income of a Norway (zip 52318) resident is $37,775 a year. The US average is $37,638 a year.
- The Median household income of a Norway (zip 52318) resident is $75,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorway, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.