HomeIowaBoone CountyBoone
Boone, Iowa: commercial real estate data.
Boone is a Census city of 12,424 people across 9.14 square miles of land, in Boone County. Median household income is $69,222, 71.6 percent of occupied homes are owned, and the SBA record carries 15 7(a) approvals to borrowers here worth $9.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Boone
What Boone is
- Census place typecity
- Land area9.14 sq mi
- Water area0 sq mi
- Population per square mile of land1,359
- County holding the largest share of its areaBoone County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boone
How many people live in Boone
- Population12,424
- Median age41.3
- Population under 182,449
- Share under 1819.7 percent
- Population 65 and over2,272
- Share 65 and over18.3 percent
- Households5,259
- Family households3,158
- Share of households that are families60.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boone
Income and work in Boone
- Median household income$69,222
- Per capita income$36,117
- Civilian labor force6,924
- Employed6,785
- Unemployed139 plus or minus 73
- Unemployment rate2.0 percent plus or minus 1.1
- Adults 25 and over8,859
- Adults 25 and over with a high school diploma or higher94.1 percent
- Adults 25 and over with a bachelor degree or higher24.0 percent
- Adults 25 and over with a graduate degree6.3 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boone
Housing in Boone
- Housing units5,951
- Occupied units5,259
- Vacant units692 plus or minus 248
- Vacancy rate11.6 percent plus or minus 4.1
- Owner occupied3,764
- Renter occupied1,495
- Ownership rate71.6 percent
- Median owner-occupied home value$173,000
- Median gross rent, monthly$831
- Annual rent as a share of median income14.4 percent
- Single family units4,416
- Share single family74.2 percent
- Units in buildings of two or more1,503 plus or minus 305
- Share in buildings of two or more25.3 percent plus or minus 5.0
- Mobile homes32 plus or minus 54
- Median year structure built1957
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boone
How Boone gets to work
- Workers 16 and over who commute6,210
- Commuting under 15 minutes3,002
- Share commuting under 15 minutes48.3 percent
- Commuting 30 minutes or more1,436 plus or minus 310
- Share commuting 30 minutes or more23.1 percent plus or minus 4.8
- Drove alone79.2 percent
- Carpooled9.3 percent plus or minus 3.4
- Public transport0.4 percent plus or minus 0.3
- Walked2.0 percent plus or minus 1.5
- Worked from home7.6 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boone
SBA loans in Boone (7(a))
- Approvals15
- Gross approval$8,973,700
- Average approval$598,247
- Median approval$100,000
- Largest approval$2,857,500
- Jobs supported175
- Jobs per approval11.7
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more26.7 percent
- Share to franchises6.7 percent
- Distinct lenders6
- Distinct industries by NAICS11
Counted by borrower city: approvals to borrowers whose address is in Boone, in any county, FY2020 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Boone
SBA loans in Boone (504)
- Approvals8
- Gross approval$2,456,000
- Average approval$307,000
- Median approval$302,000
- Largest approval$563,000
- Jobs supported49
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Boone, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Boone
Flood risk in Boone
- NFIP communityCity of Boone
- NFIP community number190555
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/21/21
The City of Boone participates in the National Flood Insurance Program as community 190555 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Boone County, not Boone
Boone County context, not Boone figures
- Establishments in Boone County603
- Covered employment, Boone County8,930
- Average annual pay, Boone County$53,922
- Housing units permitted, Boone County75
Every figure in this section is published for Boone County as a whole and is not a measurement of Boone.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Boone questions, answered from the record.
How many people live in Boone, Iowa?
12,424, in 5,259 households. Boone city covers 9.14 square miles of land, which is 1,359 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Boone in?
Boone County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Boone?
$69,222. The median owner-occupied home is valued at $173,000. Median gross rent is $831 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Boone businesses?
15 7(a) approvals totaling $9.0 m since FY2020, across 6 lenders, median approval $100,000, plus 8 504 approvals worth $2.5 m since FY2010. These count approvals to borrowers whose address is in Boone, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Boone borrowers get paid back?
No rate is published for Boone. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Boone in the National Flood Insurance Program?
Yes. Boone appears in the FEMA Community Status Book as Boone, city of, community 190555, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Boone figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Boone County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Boone.
Is zoning published for Boone?
No. Nothing on this page presents parcel level zoning.
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