Boone, CO is a small mountain town located in Colorado known for its wide range of outdoor activities such as skiing, hiking, and camping. The cost of living in Boone is quite affordable compared to other cities in the US; the average rent for a two-bedroom apartment is $1,110 compared to the US average of $1,430. Moreover, the grocery cost index in Boone is 94 versus 100 in the US. Popular local businesses that call Boone home include K2 Skis, Verde Brand Communications and Tamarack Ski Resort. Whether you are looking for an adventure or just some peace and quiet while still being close to major cities like Denver and Boulder, Boone makes an ideal destination.
Boone has an unemployment rate of 8.7%. The US average is 6.0%.
Boone has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Boone
- The Sales Tax Rate for Boone is 3.9%. The US average is 7.3%.
- The Income Tax Rate for Boone is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boone
- The average income of a Boone resident is $14,047 a year. The US average is $28,555 a year.
- The Median household income of a Boone resident is $49,875 a year. The US average is $69,021 a year.