Boone, NC (zip code 28607) is a city with an affordable cost of living. For those interested in renting a two-bedroom apartment, the average rent for Boone is $760 per month which is far lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index for Boone is 100 which is equal to the national average. This means that food costs will remain on par with the rest of the country and help make purchasing groceries more manageable.
Boone has several companies located in its area such as Appalachian State University, Mast General Store, Sam’s Club, and Lowe's Home Improvement Warehouse. The city also boasts plenty of outdoor activities between fishing and hiking spots at Grandfather Mountain State Park or skiing at App Ski Mtn. With a low cost of living and plenty to do both indoors and outdoors, Boone makes an ideal place to live for those looking for a change in scenery.
Boone (zip 28607) has an unemployment rate of 3.4%. The US average is 6.0%.
Boone (zip 28607) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Boone (zip 28607)
- The Sales Tax Rate for Boone (zip 28607) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Boone (zip 28607) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Boone (zip 28607)
- The average income of a Boone (zip 28607) resident is $19,376 a year. The US average is $28,555 a year.
- The Median household income of a Boone (zip 28607) resident is $43,542 a year. The US average is $69,021 a year.