Boyne Valley, MI is a quaint rural town located in the northwest corner of the lower peninsula. It offers beautiful views and plenty of outdoor activities, including skiing at Boyne Mountain Resort and golfing at Boyne Golf Club. The area also offers several great restaurants such as the Thistle Restaurant & Pub and The Cabin, as well as companies like Boyne Country Sports, Boyne River Outfitters, and Boyne Adventure Company. Local attractions include Rivers Edge Petting Farm and Michigan's Adventure amusement park. Although rent is slightly more expensive than the US average at $890 for a two-bedroom apartment, groceries are more affordable with an index of 93 versus 100 in the US.
Boyne Valley has an unemployment rate of 6.7%. The US average is 6.0%.
Boyne Valley has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Boyne Valley
- The Sales Tax Rate for Boyne Valley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Boyne Valley 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 Boyne Valley
- The average income of a Boyne Valley resident is $21,820 a year. The US average is $28,555 a year.
- The Median household income of a Boyne Valley resident is $57,109 a year. The US average is $69,021 a year.