Zip 49618 (Boon, MI) Economy


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Boon, Michigan (49618) is a small village located in the lower peninsula of Michigan, near Grand Rapids. It's known for its small-town charm and friendly atmosphere. Rent for two bedrooms here averages around $840 a month, much less than the national average of $1,430. Grocery costs are also more affordable than the rest of the US; in 49618 Boon, the Grocery Cost Index is 91 versus 100 nationally.
The village offers a variety of local amenities and attractions such as Orchard Hill Golf Club which has 18 holes and beautiful scenic views; Three Lakes Nature Center where guests can explore trails or take part in educational programs; and Fun2Day Entertainment offering indoor fun for all ages. For shopping there’s Walmart Supercenter, Meijer Grocery Store, Aldi’s grocery store and more. There are also several restaurants to choose from including Dairy Queen Grill & Chill, Applebee’s Neighborhood Grill & Bar, Panera Bread restaurant and more.

Boon (zip 49618) has an unemployment rate of 6.2%. The US average is 6.0%.

Boon (zip 49618) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Boon (zip 49618)
- The Sales Tax Rate for Boon (zip 49618) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Boon (zip 49618) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Boon (zip 49618)
- The average income of a Boon (zip 49618) resident is $23,939 a year. The US average is $37,638 a year.
- The Median household income of a Boon (zip 49618) resident is $44,485 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoon, MichiganUnited 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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