Boonville, IN
Population 6,681 · Indiana
About Boonville, IN
Boonville is a small town located in Indiana with a population of 6,681 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,500 per year, which is 17% below the national median of $75,149. The median age of 41.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Boonville features a median home value of $143,100, which is 42% below the national median of $244,900. This makes Boonville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $835, 28% below the national average of $1,163/month. Of the 3,071 total housing units, 66% are owner-occupied (1,769 units) and 34% are renter-occupied (919 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Boonville shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.6%, above the national average of 12.4%. Workers in Boonville have an average one-way commute time of 22.4 minutes.
Education & Demographics
26.2% of Boonville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.9% White, 1.5% Hispanic or Latino, 0.0% Black or African American, and 0.9% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Boonville, IN
Compared to national averages, Boonville has a median household income of $62,500 (17% below the national median of $75,149). Home values average $143,100, which is 42% below the national median. Monthly rent at $835 is 28% below the US average of $1,163. Within Indiana, Boonville's income is 10% below the state average of $69,330, and home values are 12% below the state median of $163,409.
Why Live in Boonville, IN?
Boonville offers affordable housing with a median home value of $143,100, below the US average of $244,900, and rent that’s lower than the national average at $835/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features short commute times averaging just 22.4 minutes.
Potential considerations include median household income ($62,500) that falls below the national average. However, Boonville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Boonville has a population of 6,681 with a median age of 41.6 years. Compare Boonville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Boonville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ellettsville | 6,653 | $82,238 | $224,400 | Compare |
| Ross | 6,740 | $53,824 | $114,600 | Compare |
| Notre Dame | 6,754 | $19,082 | $0 | Compare |
| Dunlap | 6,602 | $86,641 | $208,400 | Compare |
| Garrett | 6,540 | $65,611 | $142,800 | Compare |
| Batesville | 6,842 | $66,806 | $215,900 | Compare |
| Huntingburg | 6,504 | $52,327 | $126,500 | Compare |
| Salem | 6,484 | $51,786 | $136,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Boonville With Other Cities
Frequently Asked Questions about Boonville
What is the population of Boonville, IN?
The population of Boonville, IN is 6,681 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Boonville?
The median household income in Boonville, IN is $62,500 per year, which is 17% below the national median of $75,149.
What is the median home value in Boonville?
The median home value in Boonville, IN is $143,100, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Boonville?
The median monthly rent in Boonville, IN is $835, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Boonville?
The unemployment rate in Boonville, IN is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Boonville, IN a good place to live?
Boonville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 6,681 and a median age of 41.6, the city appeals to a broad range of residents.
How educated is Boonville, IN?
26.2% of residents in Boonville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Boonville?
Key cost-of-living indicators for Boonville, IN: median home value is $143,100 (42% below national), median rent is $835/month, and median household income is $62,500. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Boonville?
The poverty rate in Boonville, IN is 12.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Boonville, IN?
Boonville's population is 1.9% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 0.9% Asian, and 0.4% two or more races. 0.2% of residents are foreign-born.