Boone, KY County is a great place to live. It offers an affordable cost of living with the average two bedroom rent being $1,090 compared to the national average of $1,430. The grocery cost index in Boone is also lower than the national average at 100 versus 100. Local companies in the area include companies such as Advanced Helicopter Concepts, True Care Home Health Services, and JT Mechanical Services. All three provide jobs for people living in Boone and contribute to the local economy.
Boone County has an unemployment rate of 4.2%. The US average is 6.0%.
Boone County has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.
Tax Rates for Boone County
- The Sales Tax Rate for Boone County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Boone County is 7.3%. 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 $29,656 a year. The US average is $28,555 a year.
- The Median household income of a Boone County resident is $87,034 a year. The US average is $69,021 a year.