HomeNorth CarolinaWatauga CountyBoone town
Boone town, North Carolina: commercial real estate data.
Boone town 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.
82 sourced place values · tier FULL · 9 sections · 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$266,800
- 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
- Charge-off rate over resolved loans20.0 percent
- 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
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$3,444,000
- Largest approval$3,444,000
- Jobs supported36
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Boone
Flood risk in Boone
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 6
- NFIP community number370253
- Currently effective map date12/03/09
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Watauga County, not Boone
Watauga County context, not Boone figures
These are Watauga County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Boone measurements.
- Establishments in Watauga County1,740
- Employment at those establishments, Watauga County20,781
- Covered employment, Watauga County25,106
- Average annual pay, Watauga County$48,024
- Average weekly wage, Watauga County$924
- Housing units permitted, Watauga County296
- Of those, single family, Watauga County268
- County product, 2024, Watauga County$3,192,591,000
- County product change over the prior year, Watauga County4.3 percent
- Average income of an arriving household, Watauga County$90,554
Every figure in this section is published for Watauga County as a whole and is not a measurement of Boone. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $22.4 m, across 16 lenders, median approval $266,800, plus 2 504 approvals worth $3.9 m. 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?
Of the 10 loans that have reached a final outcome, 8 were paid in full and 2 charged off, a charge off rate of 20.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Boone in the National Flood Insurance Program?
Yes. Boone appears in the FEMA Community Status Book as community 370253, carrying Community Rating System class 6, which is a premium discount for exceeding the programme 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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