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Boone County Housing Market

Illinois · 102 counties · Ranked #1883 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$198,600

vs national$198,600 vs $281,900 national

Median Gross Rent

$1,011/mo

vs national$1,011 vs $1,163 national

Effective Tax Rate

2.27%

vs national+2.27% vs 1.02% national

Median Household Income

$81,638

vs national+$81,638 vs $74,755 national

Affordability Ratio

2.4x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$4,507

Tax as % of Home Value

2.27%

Monthly Owner Cost

$1,310

Renter Income

$42,186

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Frequently Asked Questions

What is the median home value in Boone County?

The median home value in Boone County is $198,600. This is below the national median of $281,900.

How much is rent in Boone County?

The median gross rent in Boone County is $1,011 per month.

What is the property tax rate in Boone County?

The effective property tax rate in Boone County is 2.27%. The median annual property tax bill is $4,507.

Is Boone County affordable?

With a home-value-to-income ratio of 2.4x, Boone County is considered 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.