Novelty, MO (zip code 63460) is a great place to call home for many reasons. It has an affordable two bedroom rent rate of $760 compared to the US rate of $1,430. It also has a low Grocery Cost Index of 90 compared to the US index of 100. Living in Novelty can save you hundreds each month on rent and groceries alone. Many local companies in the area offer competitive rates for services that make life easier and more efficient. For example, most plumbers operate on a flat fee basis with rates ranging from $25-$150 depending on the job. Towing services are also available at reasonable prices starting at around $50 per tow job. There are several reliable landscaping companies in Novelty that offer competitive rates for yard work starting at $20 per hour.
Novelty (zip 63460) has an unemployment rate of 3.3%. The US average is 6.0%.
Novelty (zip 63460) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Novelty (zip 63460)
- The Sales Tax Rate for Novelty (zip 63460) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Novelty (zip 63460) 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 Novelty (zip 63460)
- The average income of a Novelty (zip 63460) resident is $31,072 a year. The US average is $37,638 a year.
- The Median household income of a Novelty (zip 63460) resident is $46,875 a year. The US average is $69,021 a year.