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Boone County Housing Market

Arkansas · 75 counties · Ranked #1483 in home value

Below National Avg

Housing at a Glance

Median Home Value

$169,300

vs national$169,300 vs $281,900 national

Median Gross Rent

$715/mo

vs national$715 vs $1,163 national

Effective Tax Rate

0.53%

vs national0.53% vs 1.02% national

Median Household Income

$54,195

vs national$54,195 vs $74,755 national

Affordability Ratio

3.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

24.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$904

Tax as % of Home Value

0.53%

Monthly Owner Cost

$747

Renter Income

$34,099

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Frequently Asked Questions

What is the median home value in Boone County?

The median home value in Boone County is $169,300. This is below the national median of $281,900.

How much is rent in Boone County?

The median gross rent in Boone County is $715 per month.

What is the property tax rate in Boone County?

The effective property tax rate in Boone County is 0.53%. The median annual property tax bill is $904.

Is Boone County affordable?

With a home-value-to-income ratio of 3.1x, Boone County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.