Boone County, Illinois
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Boone County Compares
Detailed Income Statistics
Income Advisory: Boone County
Income Verdict
Boone County has a median household income of $81,638 and per capita income of $38,437 — a gap of $43,201, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,011/month and a median household income of $81,638, rent consumes approximately 14.9% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $81,638 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $38,437 is in line with national norms for individual earners.
Neighbor Context
Boone County earns approximately 19% above the Illinois state median household income of $68,580, positioning it favorably within the state.
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
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Income Comparison Calculator
See how your household income compares in Boone County
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%
Income Adequacy
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.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.