Living in Boones Mill, Virginia
Cost of living, income, home prices, rent and demographics of Boones Mill · Census data 2020–2024
Boones Mill has 228 residents with a median age of 49.2. The median household income is $75,972 (18% lower than the Virginia median), the median home value is $208,300, the median rent is $925/month.
Boones Mill is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Boones Mill at a glance
- Population
- 228
- Median age
- 49.2State: 39
- Median household income
- $75,972State: $93,170
- Median home value
- $208,300State: $383,700
- Median rent
- $925/moState: $1,579
- Homeowners
- 80.7%
- Bachelor's degree or higher
- 37%
- Average commute
- 27 min
Is Boones Mill a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 27 minutes; a poverty rate of 3.9%.
Cons: Median household income 18% lower than the Virginia median; unemployment of 11.4%.
The weather is best in May–June and September–October.
Cost of living in Boones Mill
Housing is the biggest part of the cost of living. In Boones Mill the median home value is $208,300, 37% lower than the U.S. median. Renters pay a median of $925 per month, which is 33.9% of household income. Homeowners with a mortgage pay $1,524 a month in housing costs.
Boones Mill median household income
The median household income in Boones Mill is $75,972 and the income per person is $40,718. 3.9% of residents live below the poverty line (Virginia: 9.9%).
Housing in Boones Mill: homes for sale and rent
- Housing units
- 115
- Owner-occupied
- 80.7%
- Renter-occupied
- 19.3%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1946
- Average household size
- 2.09
Boones Mill demographics
- Population
- 228
- Median age
- 49.2
- Under 18
- 12.7%
- 65 and older
- 23.7%
- Households
- 109
- Foreign-born
- 1.3%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Boones Mill ›
Education in Boones Mill
37% of adults 25 and older in Boones Mill have a bachelor's degree or higher (Virginia: 42.2%), and 13.6% have a graduate or professional degree.
Jobs and commute in Boones Mill
- Unemployment rate
- 11.4%State: 4.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 7.3%
- Drive alone
- 79.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.3%
Boones Mill vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Boones Mill | 228 | $75,972 | $208,300 | $925 |
| Cave Spring | 25,742 | $87,539 | $325,800 | $1,285 |
| Rocky Mount | 4,950 | $63,280 | $207,000 | $890 |
| Henry Fork | 805 | $70,150 | — | $613 |
| Roanoke | 98,355 | $55,378 | $190,500 | $996 |
| Vinton | 8,056 | $65,445 | $190,900 | $992 |
| Ferrum | 1,774 | $40,435 | $188,900 | $638 |
| Salem | 25,618 | $66,725 | $258,600 | $1,133 |
| Stewartsville | 737 | $94,390 | $217,600 | — |
More for people moving to Boones Mill
Boones Mill ZIP code ›Weather and climate ›Living in Boones Mill: FAQ
What is the median household income in Boones Mill, VA?
The median household income in Boones Mill is $75,972, 18% lower than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Boones Mill?
The median home value in Boones Mill is $208,300, compared with $383,700 in Virginia.
How much is rent in Boones Mill?
The median gross rent in Boones Mill is $925 per month, about 33.9% of household income.
Is Boones Mill, VA a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 27 minutes; a poverty rate of 3.9%. Minuses: median household income 18% lower than the Virginia median; unemployment of 11.4%.
What is the median age in Boones Mill?
The median age in Boones Mill is 49.2 years (Virginia: 39).
How long is the commute in Boones Mill?
The average commute to work in Boones Mill is 27 minutes; 7.3% of workers work from home.
What is the unemployment rate in Boones Mill?
The unemployment rate in Boones Mill is 11.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Boones Mill?
37% of adults in Boones Mill 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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