Boone County, Kentucky

Income Data

+69% vs. Kentucky average
$94,752
Median Household Income
$43,436
Per Capita Income

At a Glance

Median Household Income
$94,752
+69% vs. state avg
Per Capita Income
$43,436
+10% vs. national
Income-to-Housing Ratio
37.4%
income as % of home value
Rank in Kentucky
#3 / 120
by median household income

How Boone County Compares

Boone County$94,752
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$94,752
Median Household Income
$43,436
Per Capita Income
$253,200
Median Home Value
37.4%
Income-to-Housing Ratio

Data Story

About Household Income in Boone County, Kentucky

Boone County Exceeds National Income

Boone County's median household income of $94,752 surpasses the U.S. median of $74,755 by roughly $20,000, placing it among the nation's more prosperous counties. The county's strong earnings reflect proximity to Cincinnati's economic sphere and a diversified regional economy.

Kentucky's Wealthiest County

At $94,752, Boone County's median household income towers 69% above Kentucky's state average of $55,909, making it the clear economic leader among these eight counties. Per capita income of $43,436 exceeds the state average by 47%, indicating broad-based prosperity.

Dominant Economic Leader

Boone County's income substantially outpaces every peer—by $23,000 versus Anderson County and more than $60,000 versus Bell County. The county's economic advantage reflects suburban development, corporate presence, and integration with the Northern Kentucky/Cincinnati regional economy.

Housing Easily Affordable at High Income

Boone residents spend only 15.9% of income on rent, well below affordability thresholds, despite median home values of $253,200—the highest in this group. Strong incomes make homeownership and wealth-building through real estate highly accessible.

Accelerate Wealth Building Aggressively

Boone County residents with above-average income should maximize retirement contributions, tax-advantaged investment accounts, and college savings plans while reserving 20–25% for long-term wealth building. Work with a wealth advisor to develop strategies for real estate diversification, business ownership, and generational wealth transfer.

Frequently Asked Questions

What is the median household income in Boone County, Kentucky?
The median household income in Boone County, Kentucky is $94,752, 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 $43,436, 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 $94,752.
How does Boone County compare to the Kentucky average?
Boone County's median household income of $94,752 is higher than the Kentucky state average of $55,909. The per capita income is $43,436, compared to the state average of $29,616.
What is the per capita income in Boone County, Kentucky?
The per capita income in Boone County, Kentucky is $43,436, 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 Kentucky average?
Boone County's median household income of $94,752 is higher than the Kentucky average of $55,909. This difference of $38,843 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 Kentucky?
Boone County ranks #3 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $94,752 and per capita income of $43,436, 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: $94,752 per year

vs. County Median

+0%

vs. State Average

+69%

vs. National Median

+27%

vs. Boone County MedianAbout equal
vs. Kentucky Average69% above
vs. National Median27% above

Income Adequacy

Monthly income covers median rent6.3x

Your monthly income ($7,896) vs. median rent ($1,253/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.