Boone township (Madison Cnty), Indiana 

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Economy in Boone township (Madison Cnty), Indiana

Boone township (Madison Cnty) has an unemployment rate of 3.8%. The US average is 3.9%.

Boone township (Madison Cnty) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Boone township (Madison Cnty)
- The Sales Tax Rate for Boone township (Madison Cnty) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Boone township (Madison Cnty) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Boone township (Madison Cnty)
- The average income of a Boone township (Madison Cnty) resident is $31,834 a year. The US average is $28,555 a year.
- The Median household income of a Boone township (Madison Cnty) resident is $72,115 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYBoone township (Madison County), IndianaUnited States
  3.8%3.7%
  2.5%1.6%
  35.4%33.5%
  7.0%6.2%
  5.0%4.6%
  $31,939$31,177
  $76,538$57,652
  $77,857$70,850
  POPULATION BY OCCUPATION
  14.2%1.3%
  0.0%0.6%
  0.0%6.2%
  27.1%10.4%
  10.1%2.7%
  18.3%11.6%
  0.0%4.1%
  0.0%0.9%
  0.0%2.1%
  3.7%4.7%
  0.0%1.9%
  0.0%6.7%
  0.0%0.1%
  0.0%4.3%
  0.0%9.3%
  16.1%13.8%
  0.0%2.2%
  5.5%7.4%
  0.0%4.9%
  5.0%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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