Living in Boonville, Indiana
Cost of living, income, home prices, rent and demographics of Boonville · Census data 2020–2024
Boonville has 6,702 residents with a median age of 40.2. The median household income is $63,580 (12% lower than the Indiana median), the median home value is $162,400, the median rent is $873/month.
Boonville at a glance
- Population
- 6,702
- Median age
- 40.2State: 38.1
- Median household income
- $63,580State: $71,957
- Median home value
- $162,400State: $218,200
- Median rent
- $873/moState: $1,062
- Homeowners
- 66.9%
- Bachelor's degree or higher
- 26.9%
- Average commute
- 22 min
Is Boonville a good place to live?
Pros: Home values 26% lower than the state median; an average commute of 22 minutes; unemployment of 2.6%.
Cons: Median household income 12% lower than the Indiana median; a poverty rate of 13.4%.
The weather is best in May and August to October.
Cost of living in Boonville
Housing is the biggest part of the cost of living. In Boonville the median home value is $162,400, 51% lower than the U.S. median. Renters pay a median of $873 per month, which is 26.2% of household income. Homeowners with a mortgage pay $1,138 a month in housing costs.
Boonville median household income
The median household income in Boonville is $63,580 and the income per person is $37,054. 13.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Boonville: homes for sale and rent
- Housing units
- 3,139
- Owner-occupied
- 66.9%
- Renter-occupied
- 33.1%
- Vacant
- 14.9%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.43
Boonville demographics
- Population
- 6,702
- Median age
- 40.2
- Under 18
- 24.3%
- 65 and older
- 20.9%
- Households
- 2,672
- Foreign-born
- 0.4%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Boonville ›
Education in Boonville
26.9% of adults 25 and older in Boonville have a bachelor's degree or higher (Indiana: 29.5%), and 13% have a graduate or professional degree.
Jobs and commute in Boonville
- Unemployment rate
- 2.6%State: 4.3%
- Average commute
- 22 minState: 24 min
- Work from home
- 5.8%
- Drive alone
- 80.8%
- Public transit
- 0.6%
- Walk to work
- 1.6%
- Homes with broadband
- 82.5%
Boonville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Boonville | 6,702 | $63,580 | $162,400 | $873 |
| Chandler | 3,978 | $74,725 | $131,100 | $990 |
| Folsomville | 130 | $39,414 | — | — |
| Newburgh | 3,395 | $75,135 | $237,600 | $942 |
| Richland | 588 | $73,250 | $146,400 | $850 |
| Tennyson | 165 | $41,750 | $92,500 | $838 |
| Hatfield | 497 | $71,932 | $138,000 | — |
| Lynnville | 981 | $63,500 | $129,700 | $807 |
| Elberfeld | 971 | $105,536 | $169,700 | — |
More for people moving to Boonville
Boonville ZIP code ›Weather and climate ›Living in Boonville: FAQ
What is the median household income in Boonville, IN?
The median household income in Boonville is $63,580, 12% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Boonville?
The median home value in Boonville is $162,400, compared with $218,200 in Indiana.
How much is rent in Boonville?
The median gross rent in Boonville is $873 per month, about 26.2% of household income.
Is Boonville, IN a good place to live?
Pluses: home values 26% lower than the state median; an average commute of 22 minutes; unemployment of 2.6%. Minuses: median household income 12% lower than the Indiana median; a poverty rate of 13.4%.
What is the median age in Boonville?
The median age in Boonville is 40.2 years (Indiana: 38.1).
How long is the commute in Boonville?
The average commute to work in Boonville is 22 minutes; 5.8% of workers work from home.
What is the unemployment rate in Boonville?
The unemployment rate in Boonville is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Boonville?
26.9% of adults in Boonville 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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