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Boone County Housing Market

Missouri · 115 counties · Ranked #2386 in home value

Below National Avg

Housing at a Glance

Median Home Value

$254,100

vs national$254,100 vs $281,900 national

Median Gross Rent

$1,060/mo

vs national$1,060 vs $1,163 national

Effective Tax Rate

0.88%

vs national0.88% vs 1.02% national

Median Household Income

$69,913

vs national$69,913 vs $74,755 national

Affordability Ratio

3.6x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$2,232

Tax as % of Home Value

0.88%

Monthly Owner Cost

$1,156

Renter Income

$40,697

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Frequently Asked Questions

What is the median home value in Boone County?

The median home value in Boone County is $254,100. This is below the national median of $281,900.

How much is rent in Boone County?

The median gross rent in Boone County is $1,060 per month.

What is the property tax rate in Boone County?

The effective property tax rate in Boone County is 0.88%. The median annual property tax bill is $2,232.

Is Boone County affordable?

With a home-value-to-income ratio of 3.6x, 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.