Noble, IL is a small town located in Lake County. The cost of living here is relatively low, with 2 bedroom rent costing $720 compared to the US average of $1,430. Additionally, the Grocery Cost Index for Noble is 92 versus 100 in the US. This allows residents to make their money go further and enjoy a high quality of life. Noble is home to a variety of local businesses such as Noble Insurance Agency, Noble Auto Body & Paint Shop, and Big Boys Pizza & Subs. These companies offer services ranging from auto repair and insurance coverage to pizza delivery and catering.
Noble has an unemployment rate of 4.6%. The US average is 6.0%.
Noble has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Noble
- The Sales Tax Rate for Noble is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Noble is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Noble
- The average income of a Noble resident is $21,589 a year. The US average is $28,555 a year.
- The Median household income of a Noble resident is $43,958 a year. The US average is $69,021 a year.