Boone County, Iowa
Income Data
At a Glance
How Boone County Compares
Detailed Income Statistics
Data Story
About Household Income in Boone County, Iowa
Boone exceeds national income benchmark
Boone County's median household income of $79,741 surpasses the national median of $74,755 by $4,986, a solid 6.7% advantage. The county benefits from diversified manufacturing, agriculture, and emerging healthcare and service sectors centered around Boone's town hub.
Boone ranks among Iowa's highest earners
At $79,741, Boone County's median household income ranks among the top tier in Iowa, exceeding the state average of $69,830 by nearly $10,000. The per capita income of $41,075 also outperforms the state average of $37,136, indicating strong earning capacity.
Boone earns more than most regional peers
Boone ($79,741) trails only Benton County ($84,742) among regional neighbors and significantly outearns lower-income counties like Appanoose ($51,146) and Audubon ($54,152). The county's balanced economy and regional leadership position it as a secondary income hub in central Iowa.
Housing costs are well-managed
Boone's 12.4% rent-to-income ratio is second-best among the eight counties, leaving substantial household income for savings and other expenses. The median home value of $191,200 reflects solid property appreciation and wealth-building potential for homeowners.
Build on Boone's income strength
With income above the national median and manageable housing costs, Boone residents have genuine opportunity to accelerate wealth creation. Maximize tax-advantaged retirement accounts, explore real estate investment, and consult a financial advisor about diversified portfolio strategies to capitalize on this favorable income position.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Boone County median
County median: $79,741 per year
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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.