Boone County, Illinois

Income Data

+19% vs. Illinois average
$81,638
Median Household Income
$38,437
Per Capita Income

At a Glance

Median Household Income
$81,638
+19% vs. state avg
Per Capita Income
$38,437
-3% vs. national
Income-to-Housing Ratio
41.1%
income as % of home value
Rank in Illinois
#14 / 102
by median household income

How Boone County Compares

Boone County$81,638
Illinois Average$68,580
National Median$74,755

Detailed Income Statistics

$81,638
Median Household Income
$38,437
Per Capita Income
$198,600
Median Home Value
41.1%
Income-to-Housing Ratio

Data Story

About Household Income in Boone County, Illinois

Boone exceeds national income average

Boone County's median household income of $81,638 surpasses the national median of $74,755 by 9%, placing it among America's stronger-earning counties. This above-average performance signals robust local economic health and earning potential.

Among Illinois's highest earners

Boone County ranks in the top tier of Illinois counties with a median household income of $81,638, significantly above the state average of $68,580. The $38,437 per capita income also outpaces the state's $36,009 average, reflecting strong individual earning capacity.

Regional prosperity leader

Boone County's $81,638 income leads the eight-county dataset shown, exceeding Adams County ($64,962) by $16,676 and far outpacing Alexander County's $43,523. Only Calhoun County's exceptional $92,095 surpasses Boone, making both regional powerhouses.

Strong income supports housing

At 14.9% rent-to-income ratio, Boone County maintains healthy housing affordability despite the highest median home value of $198,600 in this dataset. Higher incomes translate to genuine purchasing power and long-term equity accumulation.

Maximize wealth-building advantage

Boone County households earning $81,638 are positioned to aggressively fund retirement accounts, education savings, and diversified investments. With above-average income and manageable housing costs, residents should prioritize maximizing 401(k) contributions and exploring tax-advantaged investment strategies.

Frequently Asked Questions

What is the median household income in Boone County, Illinois?
The median household income in Boone County, Illinois is $81,638, 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 $38,437, 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 $81,638.
How does Boone County compare to the Illinois average?
Boone County's median household income of $81,638 is higher than the Illinois state average of $68,580. The per capita income is $38,437, compared to the state average of $36,009.
What is the per capita income in Boone County, Illinois?
The per capita income in Boone County, Illinois is $38,437, 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 Illinois average?
Boone County's median household income of $81,638 is higher than the Illinois average of $68,580. This difference of $13,058 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 Illinois?
Boone County ranks #14 out of 102 counties in Illinois by median household income (1 = highest). With a median household income of $81,638 and per capita income of $38,437, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Boone County

$
1.00x

Your income is above the Boone County median

County median: $81,638 per year

vs. County Median

+0%

vs. State Average

+19%

vs. National Median

+9%

vs. Boone County MedianAbout equal
vs. Illinois Average19% above
vs. National Median9% above

Income Adequacy

Monthly income covers median rent6.7x

Your monthly income ($6,803) vs. median rent ($1,011/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Boone County, Illinois? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Illinois

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

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