Housing

Owner vs Renter Occupied

Over 80% of the housing units in Boone county are owner occupied. In contrast, only 66% of housing units in the state were owner  occupied.

Housing Units

There are a total of 20,476 housing units in Boone county currently , which is an increase of nearly 5,000 units since 2000 (15,414 housing units).

Year Structure Was Built

Overall, Boone county’s housing stock is relatively young, with 45% of homes being built after 1990. 

Housing Unit Types

83% of all housing units in the county are single-family, which is nearly identical to the percentage of owner occupied units (81%) in the county. The same trend exists within the state, 66% of all housing units are single-family and 66% of all units are owner occupied.

Cost Burdened Households

A cost burdened household is one that spends over 30% of its total income on housing costs. The total housing cost is defined as the total amount paid for mortgage, taxes, insurance, assessments, and utilities for homeowners. In the case of renters, this is only the combination of rent and utilities. 

Median Monthly Renter Costs

The median renter costs for residents of Boone county is $1,011 per month, which is much lower than the state median of $1,550 per month.

Median Monthly Homeowner Costs

The median homeowner costs for residents of Boone county is $1,370 per month, which is lower than the state median of $1,597.