Boyden, IA is a small rural town in the Midwest. It has an affordable cost of living compared to the national average. The median rent for a two-bedroom apartment is $830 while the US median is $1,430. Additionally, the Grocery Cost Index in Boyden is 95 vs 100 in the US. This makes groceries more affordable for residents of Boyden. There are plenty of local businesses in Boyden including Ben Franklin Variety Store, P&J Auto Sales & Service, Brown Brothers Ag Services and Cranberry Creek Farm Market. These companies provide services and products to people who live or work in Boyden and help make it a great place to live.
Boyden has an unemployment rate of 3.0%. The US average is 6.0%.
Boyden has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Boyden
- The Sales Tax Rate for Boyden is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Boyden is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boyden
- The average income of a Boyden resident is $33,539 a year. The US average is $37,638 a year.
- The Median household income of a Boyden resident is $74,063 a year. The US average is $69,021 a year.