Boone County, IA Economy


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United States / Iowa / No Metro Area / Boone County / Cities / Zip Codes
Boone, IA County is a great place to live and work. With an average rent of $880 for a two bedroom apartment, it's far more affordable than the US average of $1,430. The cost of living in Boone, IA County is also lower than the US average, with a grocery cost index of 95 compared to 100 nationally. The county offers plenty of opportunities for employment too; some well-known companies in the area include John Deere Des Moines Works, Iowa State University Extension and Outreach, and Fareway Stores Inc.

Boone County has an unemployment rate of 3.6%. The US average is 6.0%.

Boone County has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.

Tax Rates for Boone County
- The Sales Tax Rate for Boone County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Boone County is 9.0%. 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 $36,145 a year. The US average is $37,638 a year.
- The Median household income of a Boone County resident is $70,984 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoone, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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