30 / 100

Boone County, KY

RANK #693 / 1001 NAT  ·  #13 / 19 KY  ·  POP 139,841

1YR FORECAST: -0.1%

5YR OUTLOOK: +26%

Our model projects Boone County's housing market at -0.1% over the next year, underperforming most U.S. counties.

[01] Why Boone County?

Boone County, Kentucky, is home to Rabbit Hash, a small Ohio River community notable for its historic general store and a tradition of electing canine mayors. Located in northern Kentucky, the county sits on the Ohio River and is part of the larger Cincinnati metropolitan area. Burlington serves as the county seat. Commuting to Cincinnati is common, with options including personal vehicles and the Transit Authority of Northern Kentucky (TANK) bus service, which offers park-and-ride locations. The community offers a blend of suburban and rural living, with access to outdoor recreation like the Boone County Arboretum, the nation's first arboretum within an active recreation park setting. Big Bone Lick State Park, known as the "birthplace of American paleontology," also provides natural scenery and historical interest.

Life in Boone County often appeals to families and young professionals, many of whom commute to nearby Cincinnati. The public school system is highly rated, with numerous elementary, middle, and high schools serving the area. The economy is experiencing growth, particularly in logistics and transportation, driven in part by the expansion of the Cincinnati/Northern Kentucky International Airport into a major cargo hub. This has led to ongoing commercial and residential development, with new housing construction targeting various income levels. The county is projected to see continued population growth and job creation in the coming decades.

MARKET PROFILE
LEANS TOWARD

Educated Suburban Growth

Boone County is one of 110 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +1.8% runs below the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
6.1x

Below national median (11.3x)

Home Prices
+1.8%

Above national median

Climate & Terrain
0.3

Moderate climate & terrain

Price/Rent
13x

Below national median (15x)

Housing is fairly valued at 6.1x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    St. Elizabeth Healthcare Healthcare
    10,000+
  2. 2
    Amazon Logistics
    2,500+
  3. 3
    Fidelity Investments Finance
    1,000+
  4. 4
    Kroger Retail
  5. 5
    Boone County School District Education
    500+
  6. 6
    Safran Landing Systems Manufacturing
  7. 7
    Perfetti Van Melle Manufacturing
  8. 8
    Mubea Manufacturing
  9. 9
    Mazak Corporation Manufacturing
  10. 10
    Verst Logistics Logistics
    250+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Boone County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
139,841
+1.57% YoY
Median Household Income
$99,414
Median Home Value
$277,300
+1.75% 12mo
Median Rent
$1,373
Average Annual Pay
$60,487
+2.2% YoY
Employment
105,489
+2.5% YoY
Income-to-Home-Value
0.3585
More affordable than average
Migration Inflow
4.33%
of pop. from another state
Bachelor's Degree+
35.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$344,000
Days on Market
14
Very hot — homes selling fast
Months of Supply
1.7
Seller's market
Sale-to-List Ratio
99.4%
Near asking price
Sold Above List
24.4%
Listings w/ Price Drops
42.2%
Building Permits (2025)
756
Single-Family Permits
447

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.9
per 100K · nat avg 6.3
Firearm Fatalities
9.3
per 100K · nat avg 14.8
Injury Deaths
73.9
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
41.3
Good
Good Air Days
85%
585 of 688 days
Unhealthy+ Days (3yr)
7
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
39
2022
41
2023
44
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$250M
TOTAL
PROJECT AMOUNT STATUS
Union Residential Development (882 units)
Fischer Homes / Grand Communities LLC
$200M Proposed
Amazon Last-Mile Delivery Station
Amazon
$50M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +1.6% 81 percentile
Income Growth +4.9% 89 percentile
Vacancy Rate 0.7% 78 percentile
Home Price Change +1.8% 52 percentile
Rent Growth +2.9% 50 percentile
Price/Rent 13x 72 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Boone County, KY a good place to move to?

At 30/100, Boone County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $99,414 combined with job growth of +2.5% suggests the local economy is struggling to keep pace with national trends.

Is Boone County affordable?

By national standards, Boone County is quite affordable. Homes here have a median value of $277,300, and the income-to-home-value ratio of 0.36 is well above the U.S. average — especially with median rent at just $1,373/month. Residents can generally buy a home without being cost-burdened.

Is Boone County growing or shrinking?

Boone County is growing on multiple fronts. Population is up +1.6% year-over-year while employers added jobs at a +2.5% clip. Home values shifted +1.8% in the past year.

Are people moving to Boone County?

There's a moderate stream of newcomers. About 4.33% of residents moved from another state, which is above average and suggests Boone County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Hardin County, KY 27 Scott County, KY 25 Warren County, KY 37 Jefferson County, KY 23 Madison County, KY 38 Christian County, KY 20 Indian River County, FL 30 Walton County, GA 30