Huron County · Ohio · Midwest · 17k residents
Norwalk, OH: economy, jobs & business costs
The site-selection read on Norwalk: labor costs, talent, corporate tax, energy, and business activity, with the Ohio median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,066/wk. Ohio's corporate income tax rate is 0%. Commercial electricity averages 10.7¢/kWh.
Compare Norwalk side by side
Avg. weekly wage
$1,066/wk
Corporate income tax
0%
Bachelor's degree or higher
19.4%
Commercial electricity
10.7¢/kWh
Economic momentum
How fast Norwalk's economy is moving, ranked against the US cities we track.
58/100
Steady
Ranks Norwalk's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $163,300 |
| Price per sq. ft. | $145 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $722/mo |
| 2-bedroom rent | $807/mo |
| State & local income tax | 3.91% |
| Sales tax | 7.25% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,066/wk |
| Bachelor's degree or higher | 19.4% |
| Commercial electricity | 10.7¢/kWh |
| Businesses per 1k residents | 24.2/1k |
| Wage: Software developer | $114,090 |
| Wage: Registered nurse | $82,510 |
| Wage: General manager | $97,700 |
| Wage: Customer service | $45,610 |
| Wage: Warehouse worker | $37,130 |
| Wage: Heavy truck driver | $59,800 |
| Wage: Electrician | $64,700 |
| Wage: Retail salesperson | $30,800 |
| Cost of living index | 75 |
| Groceries index | 95 |
| Utilities | $160/mo |
| Transit pass | $60/mo |
| Gas price | $3.15/gal |
| Healthcare index | 95 |
| Childcare (per child) | $950/mo |
| Median household income | $60,844 |
| Unemployment rate | 3.9% |
| Population | 17k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 30/100 |
| Disaster risk | 50/100 |
| Avg. commute | 24 min |
| Sunny days / year | 175 days |
| July high | 83°F |
| January low | 19°F |
| Annual snowfall | 33 in |
| Home price YoY | +8.2% |
| Home price MoM | +0.3% |
| Rent YoY | — |
| Rent MoM | -1.2% |
| Employment (jobs) YoY | -0.4% |
| Building permits YoY | +260.0% |
| Ocean coast | 435 mi |
| Big lake | 16 mi |
| Mountains | 239 mi |
| Major airport | 41 mi |
| Ski resort | 188 mi |
Popular comparisons
Nearby
- Sandusky, OH · 25k
- Lorain, OH · 65k
- Fremont, OH · 16k
- Elyria, OH · 53k
- Ashland, OH · 19k
Similar size
- Mount Vernon, OH · 17k
- Fairview Park, OH · 17k
- Defiance, OH · 17k
- Eastlake, OH · 17k
- New Philadelphia, OH · 18k
Real listings in Norwalk
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Norwalk a good place to run a business?
- Ohio's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,066/wk; commercial electricity averages 10.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Norwalk, OH?
- Norwalk indexes at 75 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $807/mo and a acs median home value of $163,300.
- How much does a house cost in Norwalk?
- The acs median home value in Norwalk is $163,300 (Census ACS estimate; individual listings vary).
- How much is rent in Norwalk?
- A two-bedroom in Norwalk rents for about $807/mo.