Boone, ND is a small town with an affordable cost of living. 2 Bedroom Rent in Boone, ND is significantly cheaper than the US average at only $860 compared to $1,430. Grocery prices are also lower in Boone, ND, with a grocery cost index of 91 compared to 100 in the US. The town has a variety of local companies such as Central Valley Farms and Ann’s Bakery that provide fresh produce and baked goods for locals. Additionally, Boone is home to many outdoor recreation areas including North Park and Camp Jordan Park which makes it an ideal location for nature lovers.
Boone has an unemployment rate of 7.3%. The US average is 6.0%.
Boone has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Boone
- The Sales Tax Rate for Boone is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Boone is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boone
- The average income of a Boone resident is $40,270 a year. The US average is $37,638 a year.
- The Median household income of a Boone resident is $0 a year. The US average is $69,021 a year.