Bovill, ID is a small city located in northern Idaho with a population of just over 500 inhabitants. The cost of living in Bovill is very low as compared to the US average, evident in the fact that rental costs for two bedroom apartments are only $840 per month whereas the average rent price for two bedrooms across the US is $1,430. Grocery prices also tend to be low, with an index of 96 when compared to 100 across the US. This makes it more affordable for local residents to buy groceries. There are also several local businesses located in Bovill, including Bovill Auto Repair and Parts, 24/7 Towing & Recovery LLC, and J&M Milling LLC amongst others. In conclusion, Bovill provides excellent value for money due to its low cost of living which makes life easier for its residents.
Bovill has an unemployment rate of 3.7%. The US average is 6.0%.
Bovill has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Bovill
- The Sales Tax Rate for Bovill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bovill is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bovill
- The average income of a Bovill resident is $15,869 a year. The US average is $28,555 a year.
- The Median household income of a Bovill resident is $38,125 a year. The US average is $69,021 a year.