Boone County, MO Economy


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United States / Missouri / / Boone County / Cities / Zip Codes
Boone, MO County is an ideal destination for those looking for a more affordable and budget-friendly life. The average 2 bedroom rent in the area is $960, which is significantly lower than the US average of $1,430. In addition, the Grocery Cost Index is 98 as opposed to 100 in the US, making it an even more competitive market for those looking to save money. The county boasts many local businesses and institutions such as Boone Memorial Hospital, Missouri State University-West Plains and Edgewood Bowl & Family Fun Center. It is also home to small businesses like Wildflour Bakery & Coffee House and Creel Creek Mercantile. With its affordability and abundance of amenities, Boone, MO County is a great place to call home.

Boone County has an unemployment rate of 3.0%. The US average is 6.0%.

Boone County has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.0%, 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 5.9%. 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 $27,098 a year. The US average is $28,555 a year.
- The Median household income of a Boone County resident is $62,653 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoone, MissouriUnited States
  36
  -3.8%-6.2%
  26.0%33.5%
  8.0%6.2%
  5.4%4.6%
  $34,320$37,638
  $62,653$69,021
  $87,935$85,028
  Population by Occupation
  0.9%1.2%
  0.1%0.5%
  5.0%6.8%
  5.6%10.0%
  2.3%2.5%
  9.8%11.0%
  3.1%4.8%
  1.2%0.8%
  1.9%1.9%
  6.6%4.7%
  1.6%1.9%
  5.4%7.6%
  0.1%0.1%
  2.4%4.2%
  17.9%9.3%
  17.4%14.0%
  1.6%2.1%
  9.1%7.0%
  3.7%4.8%
  4.3%4.7%
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