Norwood, North Carolina (28128) is a small town located in Stanly County. The 2 bedroom rent in Norwood is $840, which is significantly cheaper than the national average of $1,430. The grocery cost index in Norwood is 95 compared to 100 in the US. In addition to the affordable living costs, Norwood also has many local amenities that make it an attractive place to live. Companies such as Johnston Regional Rehabilitation Center and Novant Health Stanly Medical Center offer quality medical care to residents of the area; meanwhile, businesses like Southern Pt Tire & Service and Wilkins Auto Parts & Service provide options for automotive repair and maintenance needs. Other amenities include parks such as Eagle Point Park and Metrolina Greenhouses Nature Preserve, providing outdoor activities for residents of all ages.
Norwood (zip 28128) has an unemployment rate of 4.1%. The US average is 6.0%.
Norwood (zip 28128) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Norwood (zip 28128)
- The Sales Tax Rate for Norwood (zip 28128) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Norwood (zip 28128) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norwood (zip 28128)
- The average income of a Norwood (zip 28128) resident is $21,174 a year. The US average is $28,555 a year.
- The Median household income of a Norwood (zip 28128) resident is $60,063 a year. The US average is $69,021 a year.