Noble, LA Economy


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United States / Louisiana / No Metro Area / Sabine County / Noble / Zip Codes
Noble, LA is a small town located in Oklahoma. It has an estimated population of about 2,000 people and is home to many locally owned businesses. The average rent for a two-bedroom apartment in Noble is $720, making it significantly cheaper than the US average of $1,430. Additionally, the grocery cost index in Noble is 87 compared to the national average of 100. The local economy relies heavily on agriculture and oil production, as well as businesses such as Big E Petroleum Inc., Denison Brothers Lumber Co., and Thrifty Car Rental of Noble.

Noble has an unemployment rate of 3.9%. The US average is 6.0%.

Noble has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 13.6%, which is lower than the US average of 33.5%.

Tax Rates for Noble
- The Sales Tax Rate for Noble is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Noble is 6.0%. 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 $20,149 a year. The US average is $28,555 a year.
- The Median household income of a Noble resident is $37,411 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNoble, LouisianaUnited States
  3.96
  -1.4%-6.2%
  13.6%33.5%
  9.1%6.2%
  6.0%4.6%
  $31,389$37,638
  $37,411$69,021
  $35,536$85,028
  Population by Occupation
  5.4%1.2%
  4.7%0.5%
  6.7%6.8%
  6.0%10.0%
  0.0%2.5%
  5.4%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.7%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  3.4%4.2%
  3.4%9.3%
  38.3%14.0%
  2.0%2.1%
  0.0%7.0%
  17.5%4.8%
  4.0%4.7%
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