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Boone, North Carolina Demographics & Population 2026

High PovertyPoverty rate of 51.2% is well above the state average
Expensive MarketHome value to income ratio of 13.7x indicates a costly housing market

During the 2020–2024 ACS period, Boone, North Carolina had a total population of 20,032, the 49th largest town in North Carolina, with a median household income of $30,065, which is 58% lower than the state average. The poverty rate is 51.2%.

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

Key Takeaways

Boone Quick Facts

Population 20,032
Median Household Income $30,065
Median Home Value $411,100
Poverty Rate 51.2%
Unemployment Rate 12.0%
Median Age 21.3 years
Homeownership Rate 26.2%
Affordability Ratio 13.7x
Bachelor's Degree or Higher 56.8%
High School Graduation Rate 94.3%
Diversity Index 29/100
Population 20,032 49th of 772
Median Income $30,065 bottom 10%
Poverty Rate 51.2% 311% higher than national
Median Home Value $411,100 top 20%

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
Population19,53420,032+2.5%
Median household income$28,633$30,065+5.0%
Median home value$373,600$411,100+10.0%

How Boone Compares

Economy & Housing

Household Income Distribution

Under $25K 46.3%
$25K-$50K 22.4%
$50K-$100K 16.6%
$100K+ 14.7%
Detailed income brackets
Under $10K
22.7%
$10K-$15K
6.5%
$15K-$20K
11.0%
$20K-$25K
6.1%
$25K-$30K
3.5%
$30K-$35K
8.8%
$35K-$40K
2.3%
$40K-$45K
4.3%
$45K-$50K
3.4%
$50K-$60K
5.1%
$60K-$75K
5.4%
$75K-$100K
6.1%
$100K-$125K
4.3%
$125K-$150K
2.6%
$150K-$200K
5.5%
$200K+
2.4%

Employment

12.0% Unemployment Rate State: 4.7%|National: 5.2%
53.9% Labor Force Participation

Housing Overview

Owner 26.2%
Renter 73.8%
Affordability Index Very Expensive
13.7x home value to income ratio
Median gross rent $1,111/mo 44.3% of median household income annually

People & Demographics

Diversity Index

29out of 100
Low Diversity

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

State average: 58 | National average: 61

Education

Boone Rankings in North Carolina

#49 Population of 772
#687 Median Income of 716
#63 Education of 772
#95 Home Value of 725

Other Cities in Watauga County

CityPopulationMedian IncomePovertyHome Value
Cove Creek 1,629 $52,847 22.6% $295,700
Foscoe 1,226 $49,243 22.3% $325,800
Beech Mountain 987 $90,855 6.4% $443,500
Seven Devils 425 $111,667 3.3% $426,900
Valle Crucis 242 N/A 6.2% $463,800

Cities Similar to Boone

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Kinston19,505$36,878$119,30016.4%27.9%
Lexington19,690$43,128$179,90012.9%27.8%
Lumberton18,859$42,877$152,60019.2%30.8%
Elizabeth City18,871$52,141$187,70027.2%13.3%
Shelby22,100$48,376$197,20026.6%17.6%

Population Overview

Boone is a small city located in North Carolina, within Watauga County. The total population is 20,032. It ranks as the 49th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Boone is 21.3 years. This is 46% lower than the state median of 39.1 years. Only 5.0% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Boone is $30,065. This is 58% lower than the state median of $72,388. It is also 63% lower than the national median of $80,734. The poverty rate stands at 51.2%. This is 293% higher than the state poverty rate of 13.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 12.0%. This is 154% higher than the state rate of 4.7%. The median home value is $411,100. Housing costs are 42% higher than the state median of $288,900. The home-value-to-income ratio of 13.7x suggests that housing affordability is a significant concern for many residents. 26.2% of occupied housing units are owner-occupied. This homeownership rate is 61% lower than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Boone is White (non-Hispanic), making up 83.7% of the population. Hispanic or Latino residents account for 7.7%. The Black or African American population (3.5%) is well below the state average of 20.0%.

Education

56.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Boone in the top 10% of all cities in the state for educational attainment. This is 59% higher than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.3%. Notably, 30.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Boone, North Carolina 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 North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. 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 North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Boone, North Carolina?

Boone, North Carolina has a population of 20,032 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Boone, NC?

The median household income in Boone is $30,065, which is 63% lower than the national median of $80,734.

What is the poverty rate in Boone, NC?

The poverty rate in Boone is 51.2%. This means approximately 7,043 residents live below the federal poverty line.

What is the racial makeup of Boone, North Carolina?

Boone's population is 83.7% White, 3.5% Black, 7.7% Hispanic/Latino, and 1.8% Asian.

What is the median home value in Boone, NC?

The median home value in Boone is $411,100. The home-value-to-income ratio is 13.7x.

How educated is Boone, North Carolina?

56.8% of adults (25+) in Boone hold a bachelor's degree or higher, and 30.3% hold a graduate or professional degree.