Cost of Living in Boone County, IA
Population 26,668 · Census ACS 2020–2024 5-year estimates
The median rent in Boone County, IA is $845/month, 13% lower than the Iowa median and 40% lower than the U.S. median. The median home value is $212,400, 36% lower than the national median. Households earn a median of $83,531 a year, 11% higher than the state median.
Affordability
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Boone County vs. Iowa vs. U.S.
| Boone County | Iowa | U.S. | |
|---|---|---|---|
| Median rent | $845 | $972 | $1,413 |
| Median home value | $212,400 | $208,000 | $332,700 |
| Median household income | $83,531 | $75,059 | $80,734 |
| Homeownership rate | 80.0% | 71.7% | 65.2% |
| Bachelor's degree or higher | 28.5% | 31.4% | 35.7% |
| Poverty rate | 6.2% | 11.1% | 12.5% |
| Unemployment rate | 1.5% | 3.6% | 5.2% |
| Work from home | 10.1% | 11.3% | 15.1% |
| Median age | 42.4 | 38.6 | 38.9 |
FAQ
What is the average rent in Boone County, IA?
The median gross rent in Boone County, IA is $845 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Boone County, IA?
Using the common 30% rule, renting a median-priced home takes about $33,800 a year in gross income.
Is Boone County, IA expensive to live in?
Rent there is 40% lower than the U.S. median, and the median home costs about 2.5 times the median household income.
Other counties in Iowa
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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