East Boone, MO Economy


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East Boone, MO is a small town located in Missouri. It has a low cost of living making it an attractive place for people who want to save money. The average 2 bedroom rent rate in East Boone is $960 compared to the US average of $1,430. Additionally, the grocery cost index in East Boone is 95 compared to 100 in the US. This makes groceries and other household items less expensive than they would be elsewhere. Local companies include Ebbing Automotive, Lammers Construction, and Boone Bakery. These businesses provide jobs and services to the people of East Boone which help boost the local economy.

East Boone has an unemployment rate of 4.3%. The US average is 6.0%.

East Boone has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for East Boone
- The Sales Tax Rate for East Boone is 7.9%. The US average is 7.3%.
- The Income Tax Rate for East Boone is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for East Boone
- The average income of a East Boone resident is $20,237 a year. The US average is $28,555 a year.
- The Median household income of a East Boone resident is $77,993 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Boone, MissouriUnited States
  4.36
  -2.6%-6.2%
  28.8%33.5%
  5.2%6.2%
  5.4%4.6%
  $22,982$37,638
  $77,993$69,021
  $77,796$85,028
  Population by Occupation
  12.3%1.2%
  0.0%0.5%
  17.5%6.8%
  12.7%10.0%
  0.0%2.5%
  16.7%11.0%
  8.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  4.8%7.6%
  0.0%0.1%
  0.0%4.2%
  8.3%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  14.5%4.8%
  4.4%4.7%
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