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Boone County

Learn about the people, housing, costs and businesses in Boone County County

Median Home$225,320
Median Rent$1,237/month
Population53,230
Leading IndustriesRetail · Finance & Insurance22% retail
Home Value Growth⬆⬆⬆+22.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners82% of occupied units
NotableHigh Incomes$90k/year · top 12% nationally
Boone County
IL

Frequently Asked Questions

What are today's mortgage rates in Boone County?

As of today, the 30-year fixed mortgage rate for Boone County is approximately 7.163% (7.194% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Boone County
What is the median home price in Boone County?

The median home value in Boone County is $225k. The median monthly rent is $1,237. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Boone County?

Home values in Boone County have increased 22.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Boone County?

Based on a typical all-in ownership cost of $1,306/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Boone County is $90k/year.

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What industries drive the economy in Boone County?

The largest employment sectors in Boone County are retail (22%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas