Steele, MO is a small town located in Pemiscot County and is home to around 1,000 residents. The rental costs for two bedroom apartments in Steele are much cheaper than the national average, at $750 compared to $1,430. In addition, local groceries have an index of 93 compared to the US index which is 100.
Some companies located in Steele include Delta Plastics Inc., S&H Fabrication, and Anderson Death Care. Delta Plastics Inc. manufactures agricultural plastic and related products while S&H Fabrication specializes in steel fabrication and welding services. Anderson Death Care provides funeral services as well as cremations and memorials. All three of these locally owned businesses contribute to the economy of Steele, providing jobs and services to the community.
Steele has an unemployment rate of 7.7%. The US average is 6.0%.
Steele has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 3.9%, which is lower than the US average of 33.5%.
Tax Rates for Steele
- The Sales Tax Rate for Steele is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Steele is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Steele
- The average income of a Steele resident is $17,546 a year. The US average is $28,555 a year.
- The Median household income of a Steele resident is $29,844 a year. The US average is $69,021 a year.