Boone, IL County is an excellent area to live and work. The 2 bedroom rent in this county is very affordable at $940 compared to the US average of $1,430. Grocery Cost Index in Boone, IL County is also quite favorable at 93 versus 100 in the US. There are several local companies that make Boone a great place to live including Loves Park City Hall, Canadian National Railway Co., Primex Plastics Corporation, and Chicago Rockford International Airport. All of these businesses help to make Boone an attractive place to call home.
Boone County has an unemployment rate of 7.8%. The US average is 6.0%.
Boone County has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Boone County
- The Sales Tax Rate for Boone County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Boone County is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boone County
- The average income of a Boone County resident is $34,116 a year. The US average is $37,638 a year.
- The Median household income of a Boone County resident is $74,076 a year. The US average is $69,021 a year.