Boone, WV County is an excellent option for those looking for an affordable place to live. The average two bedroom rent is only $750 compared to the national average of $1,430, which makes it a great choice for those on a budget. There is also a variety of local businesses nearby with a grocery cost index of 95 versus 100 nationally. As such, many everyday goods are cheaper than other parts of the country. This makes Boone an attractive option for those looking to relocate or new home buyers as they can take advantage of lower housing prices and cost of living expenses while enjoying all that the area has to offer. Businesses such as Walmart, Hardee’s and Sheetz are located in Boone making it easy to shop and dine locally without ever having to leave the county. With so much to offer residents at reasonable prices, Boone makes for an ideal place to call home.
Boone County has an unemployment rate of 7.0%. The US average is 6.0%.
Boone County 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 16.2%, which is lower 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 6.5%. 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 $22,400 a year. The US average is $28,555 a year.
- The Median household income of a Boone County resident is $50,598 a year. The US average is $69,021 a year.