Boyd, WI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Boyd, WI is a small rural community located in the northeastern part of Wisconsin. According to the latest US Census, Boyd has a population of around 1,300 people. The cost of living in Boyd is quite affordable with 2 bedroom rent averaging $840 per month compared to the national average of $1,430. Additionally, grocery costs are comparatively low with an index score of 92 versus 100 nationally. In terms of business opportunities, Boyd main industry is farming but there are also many local businesses such as ‘Larsen's Ranch & Home Supply’ and ‘Skogmo Enterprises LLC’ which provide jobs and services to local residents.

Boyd has an unemployment rate of 5.7%. The US average is 6.0%.

Boyd 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 33.2%, which is lower than the US average of 33.5%.

Tax Rates for Boyd
- The Sales Tax Rate for Boyd is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Boyd is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Boyd
- The average income of a Boyd resident is $26,188 a year. The US average is $28,555 a year.
- The Median household income of a Boyd resident is $60,139 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoyd, WisconsinUnited States
  5.76
  -3.4%-6.2%
  33.2%33.5%
  5.5%6.2%
  6.3%4.6%
  $25,345$37,638
  $60,139$69,021
  $73,468$85,028
  Population by Occupation
  9.8%1.2%
  0.0%0.5%
  13.2%6.8%
  26.4%10.0%
  2.6%2.5%
  3.8%11.0%
  3.8%4.8%
  0.8%0.8%
  0.0%1.9%
  7.5%4.7%
  0.0%1.9%
  0.8%7.6%
  0.0%0.1%
  3.4%4.2%
  4.5%9.3%
  12.8%14.0%
  0.0%2.1%
  0.8%7.0%
  5.3%4.8%
  4.5%4.7%
Health
Compare Boyd, WI
cost of living
Compare food, housing, utilities, and more in Boyd, Wisconsin to any other city in the US.