Indiana · GEOID 18011

Boone County

2024 ACS 5-year estimates · population 74,718 · 29,737 housing units

Median household income

$111,250

State $73,272

Median home value

$376,200

State $222,483

Median gross rent

$1,359

State $1,072

Homeownership rate

78.8%

State 70.6%

Renter cost-burden rate

39.9%

≥30% of income

Owner cost-burden rate

16.5%

≥30% of income

Homeowner vacancy

0.1%

Of owner-occupied + for-sale units

Rental vacancy

2.7%

Of renter-occupied + for-rent units

Overall vacancy

3.4%

All housing units

Price-to-income ratio

3.38

Affordable: 2.0–3.0

Section 1

Community Profile

Population, demographics, household composition, and income.

Community Data Summary

	Boone County	Indiana
Population	74,718	6,851,073
Population density (per sq. mi.)	176.69	—
Median household income	$111,250	$73,272
HUD Area Median Income (4-person, 100%)	$110,300	—
Households	28,738	—
Average household size	2.58 people	—
Owner-occupied	78.8%	70.6%
Renter-occupied	21.2%	29.4%
Race	87.3% White · 3.1% Black	0.0% White · 0.0% Black

Source: ACS 5-year 2024 (Tables DP05, S1101, DP04, S1901) and Census Gazetteer (land area); HUD FY2026 Income Limits.

Racial composition

Boone County compared with Indiana.

Source: ACS 5-year 2024, Table DP05.

Educational attainment (population 25+)

51.7% hold a bachelor's degree or higher (state: 29.5%).

Source: ACS 5-year 2024, Table S1501.

Median Household Income by Tenure

Owner-occupied vs. renter-occupied household income, county and state.

Source: ACS 5-year 2024, Table B25119.

Median Household Income by Age of Householder

Median household income by age group of householder.

Source: ACS 5-year 2024, Table B19049.

Median Household Income by Number of Earners

Median household income for families with each earner count.

Source: ACS 5-year 2024, Table S1903.

Household Size

Distribution of households by number of people.

Source: ACS 5-year 2024, Table S2501.

Income by Number of Earners

Earners	Share	Median income	Attainable monthly housing cost	Attainable home
0 earners	9.8%	$77,090	$1,927	$255,936
1 earner	29.3%	$109,868	$2,747	$377,946
2 earners	48.7%	$156,250	$3,906	$550,596
3+ earners	12.1%	$212,292	$5,307	$759,203

Attainable monthly housing cost = 30% of gross income ÷ 12. Attainable home price assumes 30% housing budget, 30-yr mortgage at 7%, 5% down.

Source: ACS 5-year 2024, Table S1903; affordability formula derived.

Households

28,738

Average size: 2.58 people

Households with children

9,706

33.8% of households

Per-capita income

$59,577

Poverty rate: 3.7%

Section 2

Residential Market Analysis

Housing stock characteristics — tenure, type, age, size, vacancy, rents.

Tenure

78.8% owner-occupied vs. state average 70.6%.

Source: ACS 5-year 2024, Table DP04.

Structure type

Single-family share 84.3% · Missing middle (2–19 units) 8.1%.

Source: ACS 5-year 2024, Table B25024.

Housing stock by decade

36.9% built before 1980 · Median structure age 1,995.00 yrs.

Source: ACS 5-year 2024, Table S2504.

Housing size mismatch

Compares the share of housing units by bedroom count against the share of households by size — a common diagnostic of housing supply/demand alignment.

Source: ACS 5-year 2024, Tables B25041 (bedrooms) and S2501 (household size).

Home value distribution

Owner-occupied homes by value bracket. Median: $376,200.

Source: ACS 5-year 2024, Table DP04.

Monthly Housing Costs

Distribution of monthly housing costs across all occupied units.

Source: ACS 5-year 2024, Table B25104.

Number of Bedrooms

Housing units by number of bedrooms.

Source: ACS 5-year 2024, Table B25041.

Median rent by bedroom

Overall median gross rent: $1,359.

Source: ACS 5-year 2024, Table B25031.

Renters by age

Number of renter householders by age bracket.

Source: ACS 5-year 2024, Table S2502.

Owners by age

Number of owner householders by age bracket.

Source: ACS 5-year 2024, Table S2502.

Vacancy composition

All 999 vacant units split into Census's seven categories. Frictional vacancy (units actively on the market) reflects healthy churn. Structural vacancy (seasonal, migrant, other) sits outside the market for year-round residents — high values change how the headline vacancy rate should be read.

Vacant units by type

For sale 1.2% · For rent 16.9% · Seasonal 20.0% · Other 42.9%.

Source: ACS 5-year 2024, Table B25004.

Frictional vs structural

37.0% of vacancy is frictional (for sale + for rent + rented/sold not yet occupied); 63.0% is structural (seasonal + migrant + other).

Source: ACS 5-year 2024, Table B25004.

Seasonal / recreational share of all housing

0.7%

200 units of 29,737 total

Housing units held for seasonal or recreational use.

"Other vacant" share of all housing

1.4%

429 units of 29,737 total

Census "Other vacant" — units off the market for reasons other than seasonal, migrant, sale, or rental.

Section 3

Workforce Housing Needs Assessment

Affordability, cost burden, and the housing options for households in the workforce income range.

Workforce range — ACS median household income

80% MHI$89,000

100% MHI$111,250

120% MHI$133,500

County-wide median from ACS 5-year estimates. A household at 100% MHI in Boone County should be able to afford a home up to roughly — (30% housing budget, default mortgage terms).

Workforce range — HUD Area Median Income

	1-person	2-person	4-person
80% AMI	$61,800	$70,600	$88,250
100% AMI	$77,210	$88,240	$110,300
120% AMI	$92,650	$105,900	$132,350

HUD FMR Area: Indianapolis-Carmel, IN HUD Metro FMR Area. 80% AMI uses HUD's published Section 8 Low Income Limits; 100% is HUD MFI; 120% is the standard workforce convention.

Affordability calculator

Follows the standard 30%-of-gross-income affordability rule.

Income basis Household income Interest rate % Down payment % Taxes & insurance / yr

Affordable monthly—

Affordable home price—

Renter cost burden

39.9% of renter households spend ≥30% of income on rent (16.1% spend ≥50%).

Source: ACS 5-year 2024, Table B25070.

Owner cost burden by income

16.5% of homeowners spend ≥30% of income on housing. Bars show counts of cost-burdened owners by income bracket.

Source: ACS 5-year 2024, Table B25106.

Household income — owners vs renters

Distribution of household income for owner-occupied (navy) and renter-occupied (gold) households.

Source: ACS 5-year 2024, Table B25118.

Section 4

Industry & Workforce Wages

Employment, average wages, and the housing each industry's typical earner can afford in Boone County.

Covered employment

42,762

Across 17 sectors

Establishments

2,328

QCEW 2024

Avg annual pay (workforce)

$54,160

Employment-weighted across sectors

Top 10 sectors by employment

Annual average employment by NAICS 2-digit sector. Counties with fewer than five covered establishments in a sector may show suppressed totals.

Source: BLS QCEW Annual Averages, 2024.

Attainable housing by industry

Industry	Employment	Avg annual wage	Affordable home price	vs. median value	Affordable monthly rent
NAICS 48-49 Transportation and warehousing NAICS 48-49	14,704	$53,236	$167,143	−$209,057	$1,331
NAICS 54 Professional, scientific, and technical services NAICS 54	3,775	$63,827	$206,566	−$169,634	$1,596
NAICS 44-45 Retail trade NAICS 44-45	3,765	$41,991	$125,285	−$250,915	$1,050
NAICS 62 Health care and social assistance NAICS 62	3,360	$63,382	$204,910	−$171,290	$1,585
NAICS 31-33 Manufacturing NAICS 31-33	3,340	$62,869	$203,000	−$173,200	$1,572
NAICS 72 Accommodation and food services NAICS 72	3,087	$24,061	$58,544	−$317,656	$602
NAICS 23 Construction NAICS 23	2,634	$77,928	$259,055	−$117,145	$1,948
NAICS 61 Educational services NAICS 61	2,287	$45,047	$136,661	−$239,539	$1,126
NAICS 56 Administrative and support and waste management and remediation services NAICS 56	1,350	$48,386	$149,090	−$227,110	$1,210
NAICS 92 Public administration NAICS 92	1,110	$60,946	$195,842	−$180,358	$1,524
NAICS 81 Other services (except public administration) NAICS 81	1,110	$43,527	$131,003	−$245,197	$1,088
NAICS 71 Arts, entertainment, and recreation NAICS 71	553	$28,281	$74,252	−$301,948	$707
NAICS 52 Finance and insurance NAICS 52	540	$115,824	$400,117	+$23,917	$2,896
NAICS 53 Real estate and rental and leasing NAICS 53	425	$54,970	$173,597	−$202,603	$1,374
NAICS 55 Management of companies and enterprises NAICS 55	270	$72,498	$238,843	−$137,357	$1,812
NAICS 11 Agriculture, forestry, fishing and hunting NAICS 11	250	$46,520	$142,144	−$234,056	$1,163
NAICS 51 Information NAICS 51	202	$72,360	$238,329	−$137,871	$1,809

Subsector	Employment	Avg annual wage	Affordable home price	vs. median value	Affordable monthly rent
NAICS 493 Warehousing and storage NAICS 493	12,530	$52,804	$165,535	−$210,665	$1,320
NAICS 541 Professional, scientific, and technical services NAICS 541	3,775	$63,827	$206,566	−$169,634	$1,596
NAICS 722 Food services and drinking places NAICS 722	2,946	$23,987	$58,268	−$317,932	$600
NAICS 611 Educational services NAICS 611	2,287	$45,047	$136,661	−$239,539	$1,126
NAICS 238 Specialty trade contractors NAICS 238	1,643	$78,469	$261,069	−$115,131	$1,962
NAICS 423 Merchant wholesalers, durable goods NAICS 423	1,438	$78,713	$261,977	−$114,223	$1,968
NAICS 561 Administrative and support services NAICS 561	1,171	$44,966	$136,359	−$239,841	$1,124
NAICS 424 Merchant wholesalers, nondurable goods NAICS 424	1,085	$84,371	$283,038	−$93,162	$2,109
NAICS 921 Executive, legislative, and other general government support NAICS 921	1,039	$61,047	$196,218	−$179,982	$1,526
NAICS 621 Ambulatory health care services NAICS 621	1,017	$80,555	$268,834	−$107,366	$2,014
NAICS 455 General merchandise retailers NAICS 455	910	$34,415	$97,085	−$279,115	$860
NAICS 311 Food manufacturing NAICS 311	844	$53,236	$167,143	−$209,057	$1,331
NAICS 623 Nursing and residential care facilities NAICS 623	825	$47,366	$145,293	−$230,907	$1,184
NAICS 622 Hospitals NAICS 622	764	$86,134	$289,600	−$86,600	$2,153
NAICS 456 Health and personal care retailers NAICS 456	732	$66,061	$214,882	−$161,318	$1,652
NAICS 484 Truck transportation NAICS 484	718	$70,309	$230,694	−$145,506	$1,758
NAICS 492 Couriers and messengers NAICS 492	647	$37,748	$109,491	−$266,709	$944
NAICS 236 Construction of buildings NAICS 236	578	$76,103	$252,262	−$123,938	$1,903
NAICS 488 Support activities for transportation NAICS 488	529	$61,404	$197,547	−$178,653	$1,535
NAICS 713 Amusement, gambling, and recreation industries NAICS 713	515	$24,651	$60,740	−$315,460	$616
NAICS 812 Personal and laundry services NAICS 812	469	$33,470	$93,567	−$282,633	$837
NAICS 444 Building material and garden equipment and supplies dealers NAICS 444	436	$40,953	$121,421	−$254,779	$1,024
NAICS 237 Heavy and civil engineering construction NAICS 237	412	$78,518	$261,251	−$114,949	$1,963
NAICS 457 Gasoline stations and fuel dealers NAICS 457	391	$37,733	$109,436	−$266,764	$943
NAICS 445 Food and beverage retailers NAICS 445	390	$32,743	$90,861	−$285,339	$819
NAICS 332 Fabricated metal product manufacturing NAICS 332	359	$71,524	$235,217	−$140,983	$1,788
NAICS 441 Motor vehicle and parts dealers NAICS 441	359	$51,763	$161,660	−$214,540	$1,294
NAICS 531 Real estate NAICS 531	346	$49,728	$154,085	−$222,115	$1,243
NAICS 811 Repair and maintenance NAICS 811	340	$68,850	$225,264	−$150,936	$1,721
NAICS 459 Sporting goods, hobby, musical instrument, book, and miscellaneous retailers NAICS 459	330	$26,634	$68,121	−$308,079	$666
NAICS 551 Management of companies and enterprises NAICS 551	270	$72,498	$238,843	−$137,357	$1,812
NAICS 813 Religious, grantmaking, civic, professional, and similar organizations NAICS 813	236	$28,951	$76,746	−$299,454	$724
NAICS 327 Nonmetallic mineral product manufacturing NAICS 327	209	$68,476	$223,871	−$152,329	$1,712
NAICS 522 Credit intermediation and related activities NAICS 522	185	$87,821	$295,880	−$80,320	$2,196
NAICS 524 Insurance carriers and related activities NAICS 524	180	$75,927	$251,607	−$124,593	$1,898
NAICS 562 Waste management and remediation services NAICS 562	179	$70,760	$232,373	−$143,827	$1,769
NAICS 333 Machinery manufacturing NAICS 333	176	$57,918	$184,571	−$191,629	$1,448
NAICS 335 Electrical equipment, appliance, and component manufacturing NAICS 335	175	$68,769	$224,962	−$151,238	$1,719
NAICS 523 Securities, commodity contracts, and other financial investments and related activities NAICS 523	175	$186,463	$663,059	+$286,859	$4,662
NAICS 458 Clothing, clothing accessories, shoe, and jewelry retailers NAICS 458	156	$21,939	$50,645	−$325,555	$548
NAICS 111 Crop production NAICS 111	154	$53,432	$167,873	−$208,327	$1,336
NAICS 485 Transit and ground passenger transportation NAICS 485	153	$31,112	$84,790	−$291,410	$778
NAICS 326 Plastics and rubber products manufacturing NAICS 326	153	$61,528	$198,009	−$178,191	$1,538
NAICS 721 Accommodation NAICS 721	142	$25,424	$63,617	−$312,583	$636
NAICS 491 Postal service NAICS 491	88	$70,874	$232,798	−$143,402	$1,772
NAICS 112 Animal production and aquaculture NAICS 112	80	$38,142	$110,958	−$265,242	$954
NAICS 814 Private households NAICS 814	65	$36,562	$105,077	−$271,123	$914
NAICS 449 Furniture, home furnishings, electronics, and appliance retailers NAICS 449	62	$36,262	$103,960	−$272,240	$907
NAICS 339 Miscellaneous manufacturing NAICS 339	56	$43,149	$129,596	−$246,604	$1,079
NAICS 517 Telecommunications NAICS 517	43	$69,666	$228,301	−$147,899	$1,742
NAICS 711 Performing arts, spectator sports, and related industries NAICS 711	38	$77,483	$257,399	−$118,801	$1,937
NAICS 519 Web search portals, libraries, archives, and other information services NAICS 519	36	$31,018	$84,440	−$291,760	$775
NAICS 323 Printing and related support activities NAICS 323	36	$44,029	$132,871	−$243,329	$1,101
NAICS 513 Publishing industries NAICS 513	35	$118,204	$408,976	+$32,776	$2,955
NAICS 926 Administration of economic programs NAICS 926	30	$54,641	$172,373	−$203,827	$1,366
NAICS 512 Motion picture and sound recording industries NAICS 512	27	$45,661	$138,946	−$237,254	$1,142
NAICS 923 Administration of human resource programs NAICS 923	26	$55,161	$174,308	−$201,892	$1,379
NAICS 518 Computing infrastructure providers, data processing, web hosting, and related services NAICS 518	22	$149,563	$525,705	+$149,505	$3,739
NAICS 334 Computer and electronic product manufacturing NAICS 334	21	$78,184	$260,008	−$116,192	$1,955
NAICS 924 Administration of environmental quality programs NAICS 924	11	$94,032	$318,999	−$57,201	$2,351
NAICS 928 National security and international affairs NAICS 928	4	$28,738	$75,953	−$300,247	$718

Affordable home price assumes the industry's average earner uses 30% of gross income for housing, with a 30-year mortgage at 7%, 5% down, $2,500/yr taxes & insurance, and 0.5% PMI. Adjust the Section 3 calculator for other terms. Affordable rent is 30% of monthly gross pay.

Source: BLS QCEW Annual Averages, 2024; ACS 5-year 2024 (median home value).

Section 5

Wages by Occupation

Selected essential-worker occupations for the MSA or nonmetropolitan area containing this county — jobs, the 10-year change, wages, and the housing each typical earner can afford. Both jobs counts and wages are reported at the MSA / nonmetropolitan-area level (BLS does not publish OEWS at the county level), so every county inside the same area shows the same numbers. For county-accurate employment totals, see Section 4 above.

Occupational wages and affordable housing

Occupation	2025 jobs	2015–2025 change	% change	Hourly wage	Annual wage	Affordable home price	Affordable monthly rent
Fast Food and Counter Workers SOC 35-3023 · prior-year code differs	28,400	2,320	9%	$14.32	$29,780	$79,832	$745
Cashiers SOC 41-2011	20,090	(2,590)	(11%)	$15.07	$31,340	$85,639	$784
Childcare Workers SOC 39-9011	2,760	(1,650)	(37%)	$15.42	$32,070	$88,356	$802
Waiters and Waitresses SOC 35-3031	15,830	(2,960)	(16%)	$15.53	$32,300	$89,212	$808
Retail Salespersons SOC 41-2031	28,840	(1,420)	(5%)	$17.08	$35,520	$101,198	$888
Janitors and Cleaners SOC 37-2011	17,240	2,510	17%	$17.82	$37,070	$106,968	$927
Home Health and Personal Care Aides SOC 31-1131 · prior-year code differs	9,730	(2,780)	(22%)	$19.67	$40,910	$121,261	$1,023
Tellers SOC 43-3071	2,160	(470)	(18%)	$20.20	$42,020	$125,393	$1,051
Office Clerks, General SOC 43-9061	18,280	1,490	9%	$22.67	$47,160	$144,526	$1,179
Maintenance and Repair Workers, General SOC 49-9071	10,670	1,080	11%	$25.54	$53,110	$166,674	$1,328
Construction Laborers SOC 47-2061	9,840	5,400	122%	$26.17	$54,420	$171,550	$1,361
Paramedics SOC 29-2043 · prior-year code differs	810	(920)	(53%)	$30.11	$62,630	$202,111	$1,566
Elementary School Teachers, Except Special Education SOC 25-2021	8,610	1,290	18%	—	$62,940	$203,265	$1,574
Heavy and Tractor-Trailer Truck Drivers SOC 53-3032	20,480	3,730	22%	$30.36	$63,160	$204,083	$1,579
Carpenters SOC 47-2031	4,960	610	14%	$32.19	$66,960	$218,228	$1,674
Firefighters SOC 33-2011	3,740	800	27%	$32.26	$67,110	$218,787	$1,678
Electricians SOC 47-2111	5,390	930	21%	$33.28	$69,210	$226,604	$1,730
Plumbers, Pipefitters, and Steamfitters SOC 47-2152	4,010	370	10%	$36.66	$76,260	$252,846	$1,907
Police and Sheriff's Patrol Officers SOC 33-3051	4,430	1,260	40%	$40.25	$83,730	$280,652	$2,093
Registered Nurses SOC 29-1141	25,800	3,200	14%	$43.09	$89,630	$302,614	$2,241

Affordable home price uses the same Section 3 formula (30% housing budget, 30-year mortgage at 7%, 5% down, $2,500/yr T&I, 0.5% PMI). Affordable rent is 30% of monthly wages. Negative job-change values are shown in red parentheses. A "prior-year code differs" note flags occupations whose SOC code changed between the two vintages (2010 SOC → 2018 SOC) — the change estimate is best-effort.

Source: BLS OEWS May 2025 (10-year change vs. May 2015). Jobs counts and wages reflect the MSA or nonmetropolitan area containing this county, not the county alone — OEWS is not published at the county level.

Methodology & sources

All figures derive from the 2024 American Community Survey 5-year estimates. State and national comparisons are population-weighted aggregates of county-level estimates (an approximation; ACS publishes its own state and national medians which can differ slightly).

The affordability calculator uses a 30% housing-budget rule with a 30-year mortgage. Defaults are 7% interest, 5% down, $2,500/year taxes and insurance, and 0.5% PMI — adjustable above.

Variables: 18011 · pulled from Full Housing Data Table.xlsx.