Noble, MI is a small town located on the midwestern United States. It has a very favorable cost of living, with 2 bedroom rent averaging just $850, significantly lower than the US average of $1,430. Similarly, groceries are much cheaper in Noble than nationwide, with an index score of 92 versus 100 in the US. This makes it an attractive place for people looking to live on a budget. The town itself is home to several local companies including Noble Tire & Auto Service, Noble Auto Body & Paint Shop and Noble Liquor Store. Local businesses offer access to services and goods that can be difficult to find elsewhere - providing a unique charm to this small town.
Noble has an unemployment rate of 5.0%. The US average is 6.0%.
Noble has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Noble
- The Sales Tax Rate for Noble is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Noble is 4.3%. 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 $20,869 a year. The US average is $28,555 a year.
- The Median household income of a Noble resident is $63,000 a year. The US average is $69,021 a year.