Boone County, IN

Comprehensive housing, income, and cost of living data for Boone County, Indiana. Population: 71.2K.

View on Map

Median Home Price

$321.0K

Based on 6 cities

Median Household Income

$104.9K

Annual household income

Price-to-Income Ratio

3.1x

Moderately affordable

Salary Needed to Buy

$85.0K

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

Housing & Finance

Annual Property Tax

$2,725

Average annual amount

Effective Tax Rate

0.85%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,623

Property Tax$227

Insurance$134

Total Monthly$1,984

Historical Home Prices

2015

$214.1K

2016

$225.9K

+5.5%%

2017

$235.9K

+4.4%%

2018

$249.3K

+5.7%%

2019

$267.6K

+7.3%%

2020

$288.1K

+7.7%%

2021

$334.4K

+16.1%%

2022

$367.9K

+10.0%%

2023

$376.2K

+2.3%%

2024

$386.3K

+2.7%%

2025

$404.2K

+4.6%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

2.5%%

Below national average

Population Density

169

People per square mile

Homicide Rate

3.8

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

87.2%

Black

2.4%

Hispanic

4.1%

Asian

3.4%

Two or More Races

2.8%

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

Climate & Environment

Average Temperature

51°F

Annual average

Sunny Days

199

Days per year

Annual Rainfall

42.2"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 43/100

January Low

23°F

Average winter low

July High

85°F

Average summer high

Explore More

View on Interactive Map Compare Counties View All IN Counties