The town of 49263 Norvell, MI is a small rural community located approximately 60 miles west of Detroit. With a population of less than 700 people, the cost of living in Norvell is relatively inexpensive. The average rent for a two bedroom residence is just $920, while the national average is more than $1,430. Additionally, grocery costs here are also quite low; according to the Grocery Cost Index, these prices come in at 94 compared to 100 in the US as a whole. Locals can shop for groceries at stores such as Michigan Family Market or Pickard's Country Store which sell fresh produce and other household necessities. In comparison to other states across the nation, grocery costs in Norvell are much lower than average making it an affordable place for people looking to economize their expenses.
Norvell (zip 49263) has an unemployment rate of 5.9%. The US average is 6.0%.
Norvell (zip 49263) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Norvell (zip 49263)
- The Sales Tax Rate for Norvell (zip 49263) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Norvell (zip 49263) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Norvell (zip 49263)
- The average income of a Norvell (zip 49263) resident is $17,167 a year. The US average is $37,638 a year.
- The Median household income of a Norvell (zip 49263) resident is $0 a year. The US average is $69,021 a year.