Living in Boone, Iowa
Cost of living, income, home prices, rent and demographics of Boone · Census data 2020–2024
Boone has 12,424 residents with a median age of 41.3. The median household income is $69,222 (8% lower than the Iowa median), the median home value is $173,000, the median rent is $831/month.
Boone at a glance
- Population
- 12,424
- Median age
- 41.3State: 38.6
- Median household income
- $69,222State: $75,059
- Median home value
- $173,000State: $208,000
- Median rent
- $831/moState: $972
- Homeowners
- 71.6%
- Bachelor's degree or higher
- 24%
- Average commute
- 19 min
Is Boone a good place to live?
Pros: Home values 17% lower than the state median; an average commute of 19 minutes; unemployment of 2%; a poverty rate of 8.3%.
Cons: Median household income 8% lower than the Iowa median.
The weather is best in June to September.
Cost of living in Boone
Housing is the biggest part of the cost of living. In Boone the median home value is $173,000, 48% lower than the U.S. median. Renters pay a median of $831 per month, which is 27.8% of household income. Homeowners with a mortgage pay $1,393 a month in housing costs.
Boone median household income
The median household income in Boone is $69,222 and the income per person is $36,117. 8.3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Boone: homes for sale and rent
- Housing units
- 5,951
- Owner-occupied
- 71.6%
- Renter-occupied
- 28.4%
- Vacant
- 11.6%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.31
Boone demographics
- Population
- 12,424
- Median age
- 41.3
- Under 18
- 19.7%
- 65 and older
- 18.3%
- Households
- 5,259
- Foreign-born
- 1.5%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Boone ›
Education in Boone
24% of adults 25 and older in Boone have a bachelor's degree or higher (Iowa: 31.4%), and 6.3% have a graduate or professional degree.
Jobs and commute in Boone
- Unemployment rate
- 2%State: 3.6%
- Average commute
- 19 minState: 20 min
- Work from home
- 7.6%
- Drive alone
- 79.2%
- Public transit
- 0.4%
- Walk to work
- 2%
- Homes with broadband
- 87.2%
Boone vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Boone | 12,424 | $69,222 | $173,000 | $831 |
| Luther | 159 | $100,938 | $191,700 | — |
| Fraser | 148 | $69,063 | $147,500 | — |
| Ogden | 1,859 | $70,268 | $166,000 | $733 |
| Pilot Mound | 132 | $58,750 | $75,000 | — |
| Gilbert | 1,381 | $122,656 | $274,600 | $865 |
| Madrid | 2,808 | $89,844 | $185,600 | $1,029 |
| Kelley | 382 | $111,250 | $220,800 | $966 |
| Ames | 67,669 | $60,991 | $277,400 | $1,023 |
More for people moving to Boone
Boone ZIP code ›Weather and climate ›Living in Boone: FAQ
What is the median household income in Boone, IA?
The median household income in Boone is $69,222, 8% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Boone?
The median home value in Boone is $173,000, compared with $208,000 in Iowa.
How much is rent in Boone?
The median gross rent in Boone is $831 per month, about 27.8% of household income.
Is Boone, IA a good place to live?
Pluses: home values 17% lower than the state median; an average commute of 19 minutes; unemployment of 2%; a poverty rate of 8.3%. Minuses: median household income 8% lower than the Iowa median.
What is the median age in Boone?
The median age in Boone is 41.3 years (Iowa: 38.6).
How long is the commute in Boone?
The average commute to work in Boone is 19 minutes; 7.6% of workers work from home.
What is the unemployment rate in Boone?
The unemployment rate in Boone is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Boone?
24% of adults in Boone 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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