HomeNorth CarolinaWatauga CountyBoone
Boone, North Carolina: commercial real estate data.
Boone is a Census town of 20,032 people across 6.39 square miles of land, in Watauga County. Median household income is $30,065, 26.2 percent of occupied homes are owned, and the SBA record carries 36 7(a) approvals to borrowers here worth $22.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Boone
What Boone is
- Census place typetown
- Land area6.39 sq mi
- Water area0.02 sq mi
- Population per square mile of land3,137
- County holding the largest share of its areaWatauga 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
- Population20,032
- Median age21.3
- Population under 181,007 plus or minus 243
- Share under 185.0 percent plus or minus 1.2
- Population 65 and over1,405 plus or minus 331
- Share 65 and over7.0 percent plus or minus 1.7
- Households5,975
- Family households1,617
- Share of households that are families27.1 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$30,065
- Per capita income$17,773
- Civilian labor force10,295
- Employed9,062
- Unemployed1,233 plus or minus 441
- Unemployment rate12.0 percent plus or minus 4.2
- Adults 25 and over5,542
- Adults 25 and over with a high school diploma or higher94.3 percent
- Adults 25 and over with a bachelor degree or higher56.8 percent
- Adults 25 and over with a graduate degree30.3 percent plus or minus 6.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boone
Housing in Boone
- Housing units6,985
- Occupied units5,975
- Vacant units1,010 plus or minus 381
- Vacancy rate14.5 percent plus or minus 5.4
- Owner occupied1,566
- Renter occupied4,409
- Ownership rate26.2 percent
- Median owner-occupied home value$411,100
- Median gross rent, monthly$1,111
- Annual rent as a share of median income44.3 percent plus or minus 10.5
- Single family units2,029
- Share single family29.0 percent
- Units in buildings of two or more4,800
- Share in buildings of two or more68.7 percent
- Mobile homes111 plus or minus 80
- Median year structure built1985
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 commute7,537
- Commuting under 15 minutes4,908
- Share commuting under 15 minutes65.1 percent
- Commuting 30 minutes or more993 plus or minus 338
- Share commuting 30 minutes or more13.2 percent plus or minus 4.3
- Drove alone63.7 percent
- Carpooled8.1 percent plus or minus 3.2
- Public transport4.2 percent plus or minus 2.4
- Walked13.2 percent plus or minus 3.8
- Worked from home10.1 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Boone
SBA loans in Boone (7(a))
- Approvals36
- Gross approval$22,376,100
- Average approval$621,558
- Median approval$263,400
- Ninetieth percentile approval$2,083,000
- Largest approval$2,292,500
- Jobs supported387
- Jobs per approval10.8
- Loans with a final outcome10
- Paid in full8
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more2.8 percent
- Share to franchises0.0 percent
- Distinct lenders16
- Distinct industries by NAICS26
Counted by borrower city: approvals to borrowers whose address is in Boone, in any county, FY2020 to FY2026. Only 10 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)
- Approvals2
- Gross approval$3,928,000
- Average approval$1,964,000
- Median approval$1,964,000
- Largest approval$3,444,000
- Jobs supported36
- Loans with a final outcome0
- Charged off0
- Median term270 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 communityTown of Boone
- NFIP community number370253
- Participating in the NFIPYes
- Community Rating System classClass 6
- Currently effective map date12/03/09
The Town of Boone participates in the National Flood Insurance Program as community 370253 and carries Community Rating System class 6, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Watauga County, not Boone
Watauga County context, not Boone figures
- Establishments in Watauga County1,740
- Covered employment, Watauga County25,106
- Average annual pay, Watauga County$48,024
- Housing units permitted, Watauga County296
Every figure in this section is published for Watauga 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, North Carolina?
20,032, in 5,975 households. Boone town covers 6.39 square miles of land, which is 3,137 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?
Watauga 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?
$30,065. The median owner-occupied home is valued at $411,100. Median gross rent is $1,111 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?
36 7(a) approvals totaling $22.4 m since FY2020, across 16 lenders, median approval $263,400, plus 2 504 approvals worth $3.9 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 10 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, town of, community 370253, carrying Community Rating System class 6, which is a premium discount for exceeding the program minimum. 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 Watauga 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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