Boone County, Arkansas

Income Data

+6% vs. Arkansas average
$54,195
Median Household Income
$29,583
Per Capita Income

At a Glance

Median Household Income
$54,195
+6% vs. state avg
Per Capita Income
$29,583
-25% vs. national
Income-to-Housing Ratio
32.0%
income as % of home value
Rank in Arkansas
#23 / 75
by median household income

How Boone County Compares

Boone County$54,195
Arkansas Average$51,156
National Median$74,755

Detailed Income Statistics

$54,195
Median Household Income
$29,583
Per Capita Income
$169,300
Median Home Value
32.0%
Income-to-Housing Ratio

Data Story

About Household Income in Boone County, Arkansas

Boone County income lags U.S. median

With a median household income of $54,195, Boone County falls $20,560 below the national median of $74,755. This gap reflects an economy with limited access to high-wage sectors compared to national benchmarks.

Slightly above Arkansas average earnings

Boone County's $54,195 median household income exceeds Arkansas's $51,156 state average by roughly $3,000, placing it in the state's middle tier. This modest advantage suggests a somewhat stronger local job market than many Arkansas counties.

Mixed results against regional peers

Boone County ($54,195) earns more than Baxter County ($48,427) but trails Carroll County ($55,187) and Arkansas County ($60,831) slightly. The tight clustering suggests northern Arkansas counties operate within similar economic ranges.

Housing costs remain well-balanced

At 15.8% of household income, Boone County's rent-to-income ratio sits comfortably within affordability guidelines, leaving room for savings. A median home value of $169,300 paired with moderate income creates reasonable homeownership opportunities.

Stable income supports consistent saving

Boone County residents with stable incomes slightly above state average can establish automatic transfers of $100-200 monthly into dedicated savings or investment accounts. Over 10 years, even modest contributions grow substantially through compound interest.

Frequently Asked Questions

What is the median household income in Boone County, Arkansas?
The median household income in Boone County, Arkansas is $54,195, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Boone County?
The per capita income in Boone County is $29,583, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $54,195.
How does Boone County compare to the Arkansas average?
Boone County's median household income of $54,195 is higher than the Arkansas state average of $51,156. The per capita income is $29,583, compared to the state average of $28,096.
What is the per capita income in Boone County, Arkansas?
The per capita income in Boone County, Arkansas is $29,583, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Boone County income higher than the Arkansas average?
Boone County's median household income of $54,195 is higher than the Arkansas average of $51,156. This difference of $3,039 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Boone County rank for income in Arkansas?
Boone County ranks #23 out of 75 counties in Arkansas by median household income (1 = highest). With a median household income of $54,195 and per capita income of $29,583, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Boone County

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Your income is above the Boone County median

County median: $54,195 per year

vs. County Median

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vs. State Average

+6%

vs. National Median

-28%

vs. Boone County MedianAbout equal
vs. Arkansas Average6% above
vs. National Median28% below

Income Adequacy

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Your monthly income ($4,516) vs. median rent ($715/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.