Boswell, IN is a small town located in the northern part of Indiana. It is known for its beautiful scenery and was once an agricultural hub. Despite its small size, Boswell has plenty to offer in terms of leisure activities, restaurants, and shopping. Local companies include the Boswell Ace Hardware Store, Boswell Packing Company, River Valley Woodworking, and Buckeye Hills Market. The cost of living in Boswell is lower than that of the US; 2 bedroom rent is only $930 compared to $1,430 on average throughout America and grocery cost index stands at 90 versus 100 nationally.
Boswell has an unemployment rate of 3.9%. The US average is 6.0%.
Boswell has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Boswell
- The Sales Tax Rate for Boswell is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Boswell is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boswell
- The average income of a Boswell resident is $18,165 a year. The US average is $37,638 a year.
- The Median household income of a Boswell resident is $48,750 a year. The US average is $69,021 a year.