Boone County, Missouri

Income Data

+17% vs. Missouri average
$69,913
Median Household Income
$38,945
Per Capita Income

At a Glance

Median Household Income
$69,913
+17% vs. state avg
Per Capita Income
$38,945
-1% vs. national
Income-to-Housing Ratio
27.5%
income as % of home value
Rank in Missouri
#18 / 115
by median household income

How Boone County Compares

Boone County$69,913
Missouri Average$59,503
National Median$74,755

Detailed Income Statistics

$69,913
Median Household Income
$38,945
Per Capita Income
$254,100
Median Home Value
27.5%
Income-to-Housing Ratio

Data Story

About Household Income in Boone County, Missouri

Boone exceeds state but trails nation

Boone County's median household income of $69,913 surpasses Missouri's state average of $59,503 but falls about $4,850 short of the national median of $74,755. The county ranks solidly in the middle range nationally, reflecting a moderately prosperous community.

Top earners in Missouri

Boone County ranks among Missouri's highest-income counties with a median household income of $69,913—about $10,400 above the state average. The county's per capita income of $38,945 also leads the state average by nearly $8,000, signaling strong earning power.

Outearns most regional peers

Boone's $69,913 median income tops neighboring Callaway County ($72,645) is slightly higher, but Boone clearly outpaces Buchanan County ($59,423) and Butler County ($49,213). The county's economic strength reflects its status as home to the University of Missouri and associated professional jobs.

Higher rents reflect desirability

Boone's rent-to-income ratio of 18.2% is slightly elevated compared to the 30% affordability threshold, reflecting higher living costs in an educated, university-town market. The median home value of $254,100 requires substantial income but remains achievable for many two-earner households.

Leverage education for wealth growth

Boone's higher incomes create meaningful opportunities to invest beyond basic expenses and housing costs. Residents should prioritize maxing out employer 401(k) matches, diversifying investments, and exploring tax-advantaged savings vehicles to compound wealth over decades.

Frequently Asked Questions

What is the median household income in Boone County, Missouri?
The median household income in Boone County, Missouri is $69,913, 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 $38,945, 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 $69,913.
How does Boone County compare to the Missouri average?
Boone County's median household income of $69,913 is higher than the Missouri state average of $59,503. The per capita income is $38,945, compared to the state average of $31,011.
What is the per capita income in Boone County, Missouri?
The per capita income in Boone County, Missouri is $38,945, 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 Missouri average?
Boone County's median household income of $69,913 is higher than the Missouri average of $59,503. This difference of $10,410 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 Missouri?
Boone County ranks #18 out of 115 counties in Missouri by median household income (1 = highest). With a median household income of $69,913 and per capita income of $38,945, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $69,913 per year

vs. County Median

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vs. State Average

+17%

vs. National Median

-6%

vs. Boone County MedianAbout equal
vs. Missouri Average17% above
vs. National Median6% below

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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.