Arbela, MO (63432) is a small rural town with an affordable cost of living compared to the national average. The median two-bedroom rent in Arbela is $730, which is significantly lower than the US median of $1,430. Additionally, grocery costs in Arbela have a Grocery Cost Index of 92 versus 100 in the US. This makes living in 63432 Arbela, MO great for budget-minded individuals and families looking for a place to call home.
Local companies related to these two topics include Realty Executives Real Estate Experts, which specializes in buying and selling homes in Arbela, and Circle K Foods of Milan, a local grocery store that offers competitive prices on groceries.
Arbela (zip 63432) has an unemployment rate of 2.4%. The US average is 6.0%.
Arbela (zip 63432) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Arbela (zip 63432)
- The Sales Tax Rate for Arbela (zip 63432) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Arbela (zip 63432) 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 Arbela (zip 63432)
- The average income of a Arbela (zip 63432) resident is $25,665 a year. The US average is $37,638 a year.
- The Median household income of a Arbela (zip 63432) resident is $46,563 a year. The US average is $69,021 a year.