Boone County, Iowa

Income Data

+14% vs. Iowa average
$79,741
Median Household Income
$41,075
Per Capita Income

At a Glance

Median Household Income
$79,741
+14% vs. state avg
Per Capita Income
$41,075
+4% vs. national
Income-to-Housing Ratio
41.7%
income as % of home value
Rank in Iowa
#13 / 99
by median household income

How Boone County Compares

Boone County$79,741
Iowa Average$69,830
National Median$74,755

Detailed Income Statistics

$79,741
Median Household Income
$41,075
Per Capita Income
$191,200
Median Home Value
41.7%
Income-to-Housing Ratio

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

What is the median household income in Boone County, Iowa?
The median household income in Boone County, Iowa is $79,741, 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 $41,075, 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 $79,741.
How does Boone County compare to the Iowa average?
Boone County's median household income of $79,741 is higher than the Iowa state average of $69,830. The per capita income is $41,075, compared to the state average of $37,136.
What is the per capita income in Boone County, Iowa?
The per capita income in Boone County, Iowa is $41,075, 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 Iowa average?
Boone County's median household income of $79,741 is higher than the Iowa average of $69,830. This difference of $9,911 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 Iowa?
Boone County ranks #13 out of 99 counties in Iowa by median household income (1 = highest). With a median household income of $79,741 and per capita income of $41,075, 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: $79,741 per year

vs. County Median

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vs. State Average

+14%

vs. National Median

+7%

vs. Boone County MedianAbout equal
vs. Iowa Average14% above
vs. National Median7% above

Income Adequacy

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Your monthly income ($6,645) vs. median rent ($826/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.