Map of Norwood, Louisiana
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Cost of living

Norwood, Louisiana

(Norwood is Located in East Feliciana Parish)

Cost of living in Norwood, Louisiana

Cost of living
compared to USA

high

Cost of living
compared to Louisiana

the highest

Median household
income

moderate

Taxes in Norwood, Louisiana

The sales tax rate in Norwood, Louisiana is 9.4%. Last year, the average property taxes paid was 0.2% Norwood, Louisiana.

Here is the table with the State Income Taxes in the state of Louisiana:

State Income Tax Brackets:

Income Brackets(single):Income Brackets(Married):Louisiana Income Tax Rate
$0 - $12,500$0 - $25,0001.9%
$12,500 - $50,000$25,000 - $100,0003.5%
>= $50,000>= $100,0004.2%

Housing costs in Norwood, Louisiana

The average cost of
a single-family home
compated to USA

[no data]

The average cost of
a single-family home
compated to Louisiana

[no data]

In Norwood, Louisiana, 86.0% of the population owns their homes, while approximately 14.0% rent. The average cost of a single-family home in Norwood, Louisiana in 2023 is $[no data] which is [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Louisiana. The average one-bedroom apartment cost is approximately $710 per month.

Rental SizeMonthly CostCompared to Louisiana
1 Bedroom$710lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$830lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,060lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,310lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest

Utility Expenses for Occupied Housing Units per Month

Electric Bill

Gas Bill

Water and Sewer Bill

Expenses for Other House Heating Fuels

Mortgage status:

39%

Housing units with a mortgage, contract to purchase, or similar debt 39%

61%

Housing units without a mortgage 61%

Housing units without a mortgage 61%

Housing units with a mortgage, contract to purchase, or similar debt 39%

Housing units with multiple mortgages 0%

Housing units with no second mortgage and no home equity loan 100%

Home equity loan without a primary mortgage 0%

Mortgage, with only second mortgage 0%

Mortgage, with only home equity loan 0%

Mortgage with both second mortgage and home equity loan 0%

Gross rent as a percentage of household income in the past 12 months (dollars):

Year Structure Built

The dynamics of changes in housing prices

Cities Near Norwood, LA

Get detailed information on cities nearest to Norwood, LA

Jackson, LA

Location data:

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High Math proficiency at High schools

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High proficiency in Reading and Language Arts at High schools

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Great weather (high number of days with temperatures 50-90 F)

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The disclosed APR is the “par” rate with NO discount points. Interest rate quoted assumes a purchase or rate-term refinance with 30 day lock pricing at 80% loan-to-value (LTV), a minimum FICO score of 760 on a primary residence. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by the Lender. This rate is available at GenNext Mortgage partner, rates of other partners may differ. Not available in all states. Not all applicants will qualify. Rates and terms are effective on and are subject to change without notice.