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Boone, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Boone, Iowa had a total population of 12,424, the 33rd largest city in Iowa, with a median household income of $69,222, which is 8% lower than the state average. The poverty rate is 8.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Boone Quick Facts

Population 12,424
Median Household Income $69,222
Median Home Value $173,000
Poverty Rate 8.3%
Unemployment Rate 2.0%
Median Age 41.3 years
Homeownership Rate 71.6%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 24.0%
High School Graduation Rate 94.1%
Diversity Index 16/100
Population 12,424 33rd of 1,017
Median Income $69,222 average
Poverty Rate 8.3% 34% lower than national
Median Home Value $173,000 top 30%

How Boone Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population12,44512,424-0.2%
Median household income$67,269$69,222+2.9%
Median home value$156,400$173,000+10.6%

How Boone Compares

Economy & Housing

Household Income Distribution

Under $25K 17.3%
$25K-$50K 17.5%
$50K-$100K 34.2%
$100K+ 31.0%
Detailed income brackets
Under $10K
3.8%
$10K-$15K
3.2%
$15K-$20K
3.4%
$20K-$25K
6.9%
$25K-$30K
2.2%
$30K-$35K
4.3%
$35K-$40K
4.7%
$40K-$45K
2.4%
$45K-$50K
3.8%
$50K-$60K
5.7%
$60K-$75K
13.4%
$75K-$100K
15.1%
$100K-$125K
12.2%
$125K-$150K
7.1%
$150K-$200K
7.5%
$200K+
4.2%

Employment

2.0% Unemployment Rate State: 3.6%|National: 5.2%
66.7% Labor Force Participation

Housing Overview

Owner 71.6%
Renter 28.4%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $831/mo 14.4% of median household income annually

People & Demographics

Diversity Index

16out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 31 | National average: 61

Education

Boone Rankings in Iowa

#33 Population of 1,017
#422 Median Income of 948
#263 Education of 1,016
#236 Home Value of 947

Other Cities in Boone County

CityPopulationMedian IncomePovertyHome Value
Madrid 2,808 $89,844 6.3% $185,600
Ogden 1,859 $70,268 9.3% $166,000
Boxholm 168 $49,375 22.0% $86,500
Luther 159 $100,938 0.0% $191,700
Fraser 148 $69,063 4.7% $147,500
Pilot Mound 132 $58,750 4.5% $75,000
Beaver 51 $73,750 5.9% $56,300
Berkley 5 N/A 0.0% N/A

Cities Similar to Boone

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Oskaloosa11,504$64,004$153,30025.4%16.6%
Storm Lake11,428$62,765$172,20018.9%7.0%
Spencer11,400$59,667$184,80029.8%14.0%
Le Mars10,640$74,701$219,20021.1%9.2%
Carroll10,208$69,706$188,70027.1%8.9%

Population Overview

Boone is a small city located in Iowa, within Boone County. The total population is 12,424. It ranks as the 33rd most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Boone is 41.3 years. This is 7% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Boone is $69,222. This is 8% lower than the state median of $75,059. It is also 14% lower than the national median of $80,734. The poverty rate stands at 8.3%. This is 25% lower than the state poverty rate of 11.1%. The unemployment rate is 2.0%. This is 44% lower than the state rate of 3.6%. The median home value is $173,000. Housing costs are 17% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.5x, Boone is one of the most affordable housing markets in the area. 71.6% of occupied housing units are owner-occupied.

Race & Ethnicity

Boone has a predominantly White (non-Hispanic) population, comprising 91.4% of all residents. Hispanic or Latino residents account for 3.8%. The Black or African American population (1.3%) is well below the state average of 3.8%. The Asian population (0.1%) is well below the state average of 2.5%.

Education

24.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.1%.

Data Sources & Methodology

All demographic data for Boone, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Boone, Iowa?

Boone, Iowa has a population of 12,424 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Boone, IA?

The median household income in Boone is $69,222, which is 14% lower than the national median of $80,734.

What is the poverty rate in Boone, IA?

The poverty rate in Boone is 8.3%. This means approximately 1,005 residents live below the federal poverty line.

What is the racial makeup of Boone, Iowa?

Boone's population is 91.4% White, 1.3% Black, 3.8% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Boone, IA?

The median home value in Boone is $173,000. The home-value-to-income ratio is 2.5x.

How educated is Boone, Iowa?

24.0% of adults (25+) in Boone hold a bachelor's degree or higher, and 6.3% hold a graduate or professional degree.