Boonville, NC is a small but vibrant town with a variety of businesses and a distinct culture. It is known for its affordable living costs, with 2 bedroom rent averaging only $830 compared to the US rate of $1,430. Everyday grocery costs are also significantly lower in Boonville, coming in at 95 compared to 100 in the US. There are many businesses that call Boonville home such as A&H Grocery Store and Nunn's Auto Repair, both of which have been around for decades. The culture here is welcoming and warm; there are numerous annual festivals celebrating the heritage of the local community that bring people together from far and wide. Visitors can expect to find friendly locals, tasty food, and plenty of activities to enjoy during their stay in Boonville.
Boonville has an unemployment rate of 4.1%. The US average is 6.0%.
Boonville has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Boonville
- The Sales Tax Rate for Boonville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Boonville is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boonville
- The average income of a Boonville resident is $18,718 a year. The US average is $28,555 a year.
- The Median household income of a Boonville resident is $54,276 a year. The US average is $69,021 a year.