Norwalk, WI (54648) is a small town in Wisconsin with a population of around 1,300 people. It offers its residents an enjoyable lifestyle with low housing costs compared to the US average. The 2 bedroom rent here is $920, whereas the US average stands at $1,430. Grocery cost index here is 92 compared to the 100 in the US. This makes Norwalk an affordable place to live and work for families looking for a peaceful lifestyle. The local economy consists of industries such as construction, manufacturing and services that benefit from their proximity to larger cities like Madison and Milwaukee. Some of the prominent local companies are Norwalk Plastics Inc., Saratoga Products and Norwalk Woodworking Co.
Norwalk (zip 54648) has an unemployment rate of 4.2%. The US average is 6.0%.
Norwalk (zip 54648) has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Norwalk (zip 54648)
- The Sales Tax Rate for Norwalk (zip 54648) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Norwalk (zip 54648) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norwalk (zip 54648)
- The average income of a Norwalk (zip 54648) resident is $23,643 a year. The US average is $37,638 a year.
- The Median household income of a Norwalk (zip 54648) resident is $64,423 a year. The US average is $69,021 a year.