Living in Booneville, Arkansas
Cost of living, income, home prices, rent and demographics of Booneville · Census data 2020–2024
Booneville has 3,798 residents with a median age of 36.7. The median household income is $50,459 (17% lower than the Arkansas median), the median home value is $112,200, the median rent is $774/month.
Booneville at a glance
- Population
- 3,798
- Median age
- 36.7State: 38.5
- Median household income
- $50,459State: $60,773
- Median home value
- $112,200State: $188,000
- Median rent
- $774/moState: $947
- Homeowners
- 50.4%
- Bachelor's degree or higher
- 14%
- Average commute
- 26 min
Is Booneville a good place to live?
Pros: Home values 40% lower than the state median.
Cons: Median household income 17% lower than the Arkansas median; an average commute of 26 minutes; unemployment of 10%; a poverty rate of 16.7%.
The weather is best in April–May and September–October.
Cost of living in Booneville
Housing is the biggest part of the cost of living. In Booneville the median home value is $112,200, 66% lower than the U.S. median. Renters pay a median of $774 per month, which is 19.9% of household income. Homeowners with a mortgage pay $1,130 a month in housing costs.
Booneville median household income
The median household income in Booneville is $50,459 and the income per person is $24,230. 16.7% of residents live below the poverty line (Arkansas: 16%).
Housing in Booneville: homes for sale and rent
- Housing units
- 1,858
- Owner-occupied
- 50.4%
- Renter-occupied
- 49.6%
- Vacant
- 14.1%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.32
Booneville demographics
- Population
- 3,798
- Median age
- 36.7
- Under 18
- 24.8%
- 65 and older
- 15.1%
- Households
- 1,596
- Foreign-born
- 0.7%
- Veterans
- 8.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Booneville ›
Education in Booneville
14% of adults 25 and older in Booneville have a bachelor's degree or higher (Arkansas: 25.7%), and 4.9% have a graduate or professional degree.
Jobs and commute in Booneville
- Unemployment rate
- 10%State: 4.9%
- Average commute
- 26 minState: 23 min
- Work from home
- 3.2%
- Drive alone
- 80.4%
- Public transit
- 1.6%
- Walk to work
- 0%
- Homes with broadband
- 80.6%
Booneville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Booneville | 3,798 | $50,459 | $112,200 | $774 |
| Magazine | 986 | $54,286 | $85,000 | $738 |
| Blue Mountain | 139 | $22,750 | $74,300 | — |
| Caulksville | 195 | $39,375 | $158,300 | $850 |
| Branch | 317 | $37,500 | $45,000 | $725 |
| Charleston | 2,646 | $56,600 | $156,300 | $764 |
| Paris | 3,284 | $51,416 | $123,200 | $641 |
| Mansfield | 1,204 | $53,068 | $113,500 | $796 |
| Greenwood | 9,616 | $66,844 | $182,900 | $836 |
More for people moving to Booneville
Booneville ZIP code ›Weather and climate ›Living in Booneville: FAQ
What is the median household income in Booneville, AR?
The median household income in Booneville is $50,459, 17% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Booneville?
The median home value in Booneville is $112,200, compared with $188,000 in Arkansas.
How much is rent in Booneville?
The median gross rent in Booneville is $774 per month, about 19.9% of household income.
Is Booneville, AR a good place to live?
Pluses: home values 40% lower than the state median. Minuses: median household income 17% lower than the Arkansas median; an average commute of 26 minutes; unemployment of 10%; a poverty rate of 16.7%.
What is the median age in Booneville?
The median age in Booneville is 36.7 years (Arkansas: 38.5).
How long is the commute in Booneville?
The average commute to work in Booneville is 26 minutes; 3.2% of workers work from home.
What is the unemployment rate in Booneville?
The unemployment rate in Booneville is 10% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Booneville?
14% of adults in Booneville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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