Boone County, IL

Comprehensive housing, income, and cost of living data for Boone County, Illinois. Population: 53.5K.

Median Home Price
$265.3K

Based on 5 cities

Median Household Income
$81.6K

Annual household income

Price-to-Income Ratio
3.2x

Moderately affordable

Salary Needed to Buy
$78.3K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$4,507

Average annual amount

Effective Tax Rate
1.70%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,341
Property Tax$376
Insurance$111
Total Monthly$1,828
Historical Home Prices
2015
$131.2K
2016
$142.3K
+8.5%%
2017
$150.9K
+6.0%%
2018
$158.3K
+4.9%%
2019
$168.7K
+6.5%%
2020
$180.1K
+6.8%%
2021
$203.4K
+12.9%%
2022
$220.5K
+8.4%%
2023
$233.8K
+6.0%%
2024
$254.1K
+8.7%%
2025
$269.3K
+6.0%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
4.2%%

Near national average

Population Density
190

People per square mile

Homicide Rate
6.0

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
68.9%
Black
1.9%
Hispanic
24.9%
Asian
1%
Two or More Races
3%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
48°F

Annual average

Sunny Days
210

Days per year

Annual Rainfall
37.4"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 57/100

January Low
10°F

Average winter low

July High
78°F

Average summer high

Frequently Asked Questions

What is the median home price in Boone County, IL?

The median home price in Boone County, Illinois is $265.3K. The price-to-income ratio is 3.2x, meaning the median home costs 3.2 times the median household income.

What salary do you need to buy a home in Boone County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $78.3K per year to buy the median home in Boone County, IL. Monthly housing costs break down to $1,341 for mortgage, $376 for property tax, and $111 for insurance.

What is the property tax rate in Boone County?

The effective property tax rate in Boone County is 1.70%, which comes to approximately $4,507 per year on the median home.

What is the median household income in Boone County?

The median household income in Boone County, Illinois is $81.6K per year, based on Census Bureau American Community Survey data. The unemployment rate is 4.2%%.

Is Boone County a good place to live?

Boone County, Illinois has a population of 53.5K. Housing affordability is strong with a price-to-income ratio of 3.2x. The climate averages 48 degrees F with 210 sunny days per year. Compare Boone County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.