Boardman, MI Economy


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Boardman, MI is a great place to call home. The cost of living in Boardman is significantly lower than the US average with 2 bedroom rent being around $830 compared to the national average of $1,430. Additionally, the grocery cost index is 91 versus 100 in the US which makes it an even more attractive option for those looking to save money. Boardman is home to some great local businesses such as AT&T, M&M Motors, and MacCormack Oil & Gas Company just to name a few. With its low rent and low grocery costs, Boardman provides an affordable yet comfortable lifestyle for its citizens.

Boardman has an unemployment rate of 8.0%. The US average is 6.0%.

Boardman 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 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Boardman
- The Sales Tax Rate for Boardman is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Boardman is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Boardman
- The average income of a Boardman resident is $18,363 a year. The US average is $28,555 a year.
- The Median household income of a Boardman resident is $59,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoardman, MichiganUnited States
  86
  -6.8%-6.2%
  30.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,841$37,638
  $59,028$69,021
  $59,583$85,028
  Population by Occupation
  0.5%1.2%
  1.6%0.5%
  11.1%6.8%
  16.5%10.0%
  3.6%2.5%
  8.7%11.0%
  0.9%4.8%
  2.2%0.8%
  1.4%1.9%
  1.2%4.7%
  0.3%1.9%
  0.5%7.6%
  0.0%0.1%
  9.8%4.2%
  4.1%9.3%
  17.2%14.0%
  3.0%2.1%
  6.9%7.0%
  8.6%4.8%
  2.0%4.7%
Health
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