Boon, MI is a great place to call home. It has many great local companies such as Boon Bookstore, Boon Auto Repair, and Boon Groceries. The 2 bedroom rent in Boon is much lower than the national average of $1,430, at $880 per month. The grocery cost index in Boon is also lower at 91 compared to the US rate of 100. Overall, Boon offers unbeatable value for money when it comes to quality living space and groceries. With its small-town charm and low cost of living, it’s no wonder that so many people are choosing to make Boon their home.
Boon has an unemployment rate of 6.2%. The US average is 6.0%.
Boon has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Boon
- The Sales Tax Rate for Boon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Boon is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boon
- The average income of a Boon resident is $21,452 a year. The US average is $28,555 a year.
- The Median household income of a Boon resident is $73,125 a year. The US average is $69,021 a year.