Economy in Boone, Iowa

Boone has an unemployment rate of 3.1%. The US average is 5.2%.

Boone has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 38.0%.

Tax Rates for Boone
- The Sales Tax Rate for Boone is 7.0%. The US average is 6.0%.
- The Income Tax Rate for Boone is 7.9%. The US average is 4.6%.

Income and Salaries for Boone
- The average income of a Boone resident is $23,867 a year. The US average is $28,555 a year.
- The Median household income of a Boone resident is $45,012 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYBoone, IowaUnited States
  Unemployment Rate3.1%5.2%
  Recent Job Growth1.6%1.6%
  Future Job Growth40.1%38.0%
  Sales Taxes7.0%6.0%
  Income Taxes0.07920.046
  Income per Cap.$23,867$28,555
  Household Income$45,012$53,482
  Family Median Income$61,605$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting2.9%1.3%
  Mining, quarrying, oil and gas extraction0.1%0.6%
  Construction6.0%6.2%
  Manufacturing11.8%10.4%
  Wholesale trade2.8%2.7%
  Retail trade15.2%11.6%
  Transportation and warehousing3.4%4.1%
  Utilities00
  Information2.2%2.1%
  Finance and insurance2.1%4.7%
  Real estate, rental, leasing2.1%1.9%
  Professional, scientific, technical services2.7%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs4.8%4.3%
  Educational services10.8%9.3%
  Health care and social assistance17.3%13.8%
  Arts, entertainment, recreation1.6%2.2%
  Accommodation, food services6.0%7.4%
  Other services4.7%4.9%
  Public administration3.2%4.8%
ECONOMY MAP
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    Reviews for Boone    6 Reviews
    Run...Don't walk! - 5/20/2013
    As long as you grew up here, or have a relative who did, you will do just fine. Outsiders...they don't want them! Other than a railroad employee, or two, in 5 years, I... Read More

    Start Your Review of Boone


    Run...Don't walk! - 5/7/2013
    Lived there 5 years; other than a few railroad employees, everyone I ran into was related to someone in the community. Most are either resistant to change, or have a... Read More

    Run...Don't walk! - 5/7/2013
    Lived there 5 years; other than a few railroad employees, everyone I ran into was related to someone in the community. Most are either resistant to change, or have a... Read More


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