Boone, AR County is an affordable place to live. The 2 Bedroom rent is only $720 compared to the national average of $1,430. It's also cheaper to buy groceries in Boone with a grocery cost index of 94 vs 100 in the US. Local companies in Boone include Walmart, McLarty Ford, and Arkansas Valley Electric Cooperative. Other businesses located within the county are Tyson Foods, Kreg Tool Company, and L'Oreal USA.
Boone County has an unemployment rate of 3.8%. The US average is 6.0%.
Boone County has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Boone County
- The Sales Tax Rate for Boone County is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Boone County is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boone County
- The average income of a Boone County resident is $21,348 a year. The US average is $28,555 a year.
- The Median household income of a Boone County resident is $48,625 a year. The US average is $69,021 a year.