Florence
RANK #671 / 996 NAT · #12 / 19 KY · POP 136,150
1YR FORECAST: +1.0%
5YR OUTLOOK: +20%
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.
Contracting economy
Above national median
Moderate climate & terrain
Housing looks undervalued at 2.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.
Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.
Source: Redfin · Census BPS — Browse sales on Redfin →
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 →
Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →
| 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.
Bars show percentile rank among all 996 counties.
At 32/100, Boone County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $91,697 combined with job growth of -1.1% suggests the local economy is struggling to keep pace with national trends.
By national standards, Boone County is quite affordable. Homes here have a median value of $237,600, and the income-to-home-value ratio of 0.39 is well above the U.S. average — especially with median rent at just $1,177/month. Residents can generally buy a home without being cost-burdened.
Boone County is attracting residents (population +1.1% YoY) even as the job market softens with employment at -1.1%. Housing values changed +2.0% over the past 12 months. People may be moving here for affordability or lifestyle reasons rather than job opportunities.
There's a moderate stream of newcomers. About 4.86% 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.