Boston, IN is a small city located in Lawrence County. It has an estimated population of approximately 809 people. The median rental rate for two bedroom properties in the area is $740, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Boston is 92 compared to 100 nationally.
The city offers many amenities such as local businesses like Hobson's Drug Store, Uncle Bobby's Outlet, and Flapper Paws restaurant. Popular attractions include Mzrklrt park, Boston Motocross Park and Lake Monroe. The nearby Hoosier National Forest also provides plenty of outdoor activities for visitors and locals alike.
Boston has an unemployment rate of 4.7%. The US average is 6.0%.
Boston has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Boston
- The Sales Tax Rate for Boston is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Boston is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boston
- The average income of a Boston resident is $20,325 a year. The US average is $28,555 a year.
- The Median household income of a Boston resident is $41,563 a year. The US average is $69,021 a year.