Coal, MO is a small town located in the state of Missouri. It is known for its affordable living costs and friendly atmosphere. The average two bedroom rent in Coal is $830 per month, significantly less than the national average of $1,430. Additionally, the Grocery Cost Index in Coal is 94 compared to the US index of 100, making groceries more affordable in Coal than other parts of the country.
The town boasts an array of local businesses such as Noll’s Auto Repair Service which offers auto repair services and maintenance checkups at reasonable prices, M&W Insurance Agency which provides insurance solutions for individuals and small businesses, and Coal Realty Group which offers real estate services and assists people in finding their dream home or business location.
Coal has an unemployment rate of 3.5%. The US average is 6.0%.
Coal has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Coal
- The Sales Tax Rate for Coal is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Coal 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 Coal
- The average income of a Coal resident is $23,814 a year. The US average is $28,555 a year.
- The Median household income of a Coal resident is $40,096 a year. The US average is $69,021 a year.