Noel, MO is a small town in McDonald County with approximately 1,400 residents. It is known for its vibrant culture and vibrant arts and crafts scene. There are many local businesses located in Noel including “B & B Farms”, a family owned farm dedicated to providing fresh produce year round and “John’s Butcher Shop” which specializes in locally-raised meats. Rent for two bedroom apartments is lower than the national average at around $740 per month while the grocery cost index in Noel is also slightly below the US average at 93 compared to 100. With its charming atmosphere and affordable living costs, Noel is an attractive option for those looking to settle down in a small community with easy access to larger cities.
Noel has an unemployment rate of 3.8%. The US average is 6.0%.
Noel has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Noel
- The Sales Tax Rate for Noel is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Noel 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 Noel
- The average income of a Noel resident is $14,628 a year. The US average is $37,638 a year.
- The Median household income of a Noel resident is $33,417 a year. The US average is $69,021 a year.