Boyd, MN is a small town in Minnesota with a population of around 600 people. It is located in Isanti County and is home to several businesses including the Boyd General Store, the Boyd Town Hall, and the B&A Tap. Rent for a two-bedroom apartment in Boyd is significantly lower than the US average at $790 while grocery costs are slightly higher at 95 compared to 100 in the US. In addition to these local stores, there are also several small restaurants and cafes within close proximity. Residents of Boyd enjoy many outdoor activities such as fishing or hiking due to its close proximity to several lakes and parks.
Boyd has an unemployment rate of 4.5%. The US average is 6.0%.
Boyd has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Boyd
- The Sales Tax Rate for Boyd is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Boyd is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boyd
- The average income of a Boyd resident is $17,997 a year. The US average is $28,555 a year.
- The Median household income of a Boyd resident is $43,750 a year. The US average is $69,021 a year.