Boone County, West Virginia
Income Data
At a Glance
How Boone County Compares
Detailed Income Statistics
Data Story
About Household Income in Boone County, West Virginia
Boone's income gap from national average
Boone County's median household income of $56,152 falls 25% short of the U.S. median of $74,755, reflecting the economic pressures facing coal-dependent regions in central Appalachia. Despite this gap, Boone performs slightly better than many neighboring counties in the state.
Boone ranks mid-tier in state earnings
At $56,152, Boone County's median household income edges slightly above the state average of $54,746, placing it near the middle of West Virginia's county rankings. Its per capita income of $26,984 remains below the state average of $30,335, suggesting concentrated earnings in fewer households.
Better positioned than southern neighbors
Boone's $56,152 median household income outpaces struggling southern counties like Braxton ($44,449), Clay ($42,790), and Calhoun ($41,421), but trails the Eastern Panhandle leader Berkeley ($77,329). Within its region, Boone represents a moderate-income baseline for central West Virginia.
Affordable housing supports household budgets
Boone County's rent-to-income ratio of 17.6% falls within the healthy range, and its median home value of just $90,300 makes homeownership highly attainable for most households. This affordability cushion provides residents breathing room despite modestly lower median incomes statewide.
Invest with Boone's lower cost of living
Boone's affordable housing and reasonable cost of living create a unique advantage: residents can allocate income to savings and investments more easily than higher-income, higher-cost regions. Start with employer benefits, then explore automatic monthly investments in diversified funds to build long-term security.
Frequently Asked Questions
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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.