Boone County Real Estate and Livability Trends

Boone County, Missouri has experienced notable growth in average taxable income per tax return, jumping from about $58,436.92 in 2013 to $88,099.24 in 2021. Home values have surged from $169,400 in 2015 to $237,600 in 2022, outpacing both state and national growth, which could intrigue real estate investors. The increase in state and local taxes, doubling over the decade, alongside a rise in real... Read more

Economic Outlook

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Boone County, Missouri has seen notable economic indicators that could draw significant interest from real estate professionals and investors. Average taxable income per tax return has increased markedly from about $58,436.92 in 2013 to roughly $88,099.24 in 2021. Additionally, state and local income taxes per tax return have more than doubled over the past decade, climbing from around $6,345.97 in 2012 to about $13,705.05 by 2021. The total tax liability also shows an overall upward trend,... Read more

Average Taxable Income per Tax Return in Boone County, MO over the last 9 years

Over the past nine years, Boone County, Missouri has experienced a notable increase in average taxable income per tax return. Starting at approximately $58,436.92 in 2013, the average taxable income has grown steadily, reaching around $88,099.24 in 2021. This upward trend likely attracts investors, homebuyers, and real estate agents looking for burgeoning areas, and provides valuable context for appraisers and insurance agents assessing the financial health and potential risks associated with properties in the region. Such a marked increase in taxable income may also signal economic growth and improved financial stability, making Boone County an attractive prospect for those looking to build or augment property portfolios.

Cost of Living in Boone County

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$1,290 $1,556 $2,509 $1,034 $1,487
1 adult
4 children
$1,290 $1,271 $1,932 $1,034 $1,537
2 adults
3 children
$1,290 $1,271 $2,171 $1,034 $1,178
1 adult
3 children
$1,290 $1,038 $1,593 $1,034 $1,230
2 adults
2 children
$961 $1,041 $1,832 $929 $946
1 adult
2 children
$961 $777 $1,255 $929 $887
2 adults
1 child
$961 $823 $1,493 $586 $879
1 adult
1 child
$961 $531 $916 $586 $728
2 adults
$788 $661 $1,155 $0 $695
1 adult
$679 $360 $577 $0 $558

Safety trends & Data

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Boone County, Missouri, has seen notable shifts in property crime patterns over recent years. Larceny-theft peaked at 581 instances in 2019, while forgery and counterfeiting surged dramatically to 285 cases in 2021. Burglary incidents, though declining overall, peaked at 105 in 2019, and arson saw a modest increase to 8 cases in 2022. Motor vehicle thefts have been relatively stable, and vandalism showed variability, peaking at 133 in 2018. These trends are key for investors evaluating property... Read more

Property Crime Trends in Boone County, MO Over the Last 5 Years

Boone County, Missouri, has seen fluctuating patterns in property crimes over the past five years, with larceny-theft consistently leading the numbers, peaking at 581 instances in 2019. Notably, forgery and counterfeiting surged significantly, reaching 285 cases in 2021 and 203 in 2022, compared to just 25 in 2018. Burglary incidents peaked in 2019 with 105 cases but showed a slight overall decline toward 73 cases in 2022. Arson, on the other hand, remained relatively low but saw a small increase from 3 in 2018 to 8 in 2022. While motor vehicle thefts have stayed fairly stable, vandalism rates varied, peaking at 133 in 2018 and dipping to 89 in 2021. Investors and stakeholders should consider these trends when evaluating the risk and safety of property investments in the area.

Demographics

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The demographic landscape in Boone County, Missouri, reveals a balanced adult population with marginally more females than males. In terms of educational attainment, a significant portion of the population holds bachelor's and graduate degrees, indicating a well-educated community. The age distribution leans towards younger adults, particularly those between 20 to 34 years, which might suggest a vibrant, youthful workforce. The racial composition predominantly consists of White individuals,... Read more

Race Distribution in Boone County, Missouri (2022)

Educational Attainment in Boone County, Missouri (2022)

Age Distribution in Boone County, Missouri

Citizen Population in Boone County, Missouri (2022)

Political Trends & Data

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Boone County, Missouri is showcasing an intriguing political dynamic in its real estate market, with the Democrats possibly holding an edge at around 54.9%, against 42.4% for Republicans. Despite the small Libertarian and Green Party presence, this political split could suggest a trend toward stable, middle-ground policies that might influence property development and zoning, potentially making the area attractive for a balanced mix of new... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

Boone County, Missouri saw a notable split in the 2020 U.S. Presidential Election, with Democrats potentially taking the lead at approximately 54.9%, while Republicans garnered about 42.4%. Libertarians remained a minor yet visible presence with around 2.2%, and the Green Party had a marginal impact at roughly 0.4%. This likely highlights a competitive political landscape with a slight Democratic edge.

42.39% of voters voted for the Republican party in the 2020 Presidential Election

54.91% of voters voted for the Democrat party in the 2020 Presidential Election

2.16% of voters voted for the Livertarian party in the 2020 Presidential Election

0.38% of voters voted for the Green party in the 2020 Presidential Election

0.15% of voters voted for the Other party in the 2020 Presidential Election

School Data

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The student-to-teacher ratio in Boone County, Missouri has consistently remained below the national average of 14 students per teacher, with a 2023 ratio of 13. This trend of smaller class sizes can be appealing for families and may contribute to higher home values due to the perceived higher-quality education. Real estate investors, appraisers, and agents might find this an appealing factor when considering property values. Additionally, property development and insurance sectors may see this... Read more

Student-to-teacher ratio in Boone County, Missouri over the last 10 years

The student-to-teacher ratio in Boone County, Missouri has consistently trended below the national average of 14 students per teacher, signaling potentially more personalized attention and likely better educational outcomes. In 2023, the ratio stood at 13, after fluctuating between 13.82 and 12.49 over the past decade. This could be appealing for families considering relocating due to the prospect of smaller class sizes and a more tailored educational experience for their children. Lower ratios also impact real estate desirability as areas with perceived higher-quality education often see increased home values, which is a worthy consideration for potential investors, appraisers, and real estate agents in the area. For those in the property development and insurance industries, such a trend may influence the attractiveness and risk profiles of educational institutes in Boone County.