Boon, MI
Population 57 · Michigan
About Boon, MI
Boon is a small community located in Michigan with a population of 57 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,250 per year, which is 15% above the national median of $75,149. The median age of 54.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Boon features a median home value of $117,500, which is 52% below the national median of $244,900. This makes Boon one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 39 total housing units, 77% are owner-occupied (23 units) and 23% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Boon shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.5%, above the national average of 12.4%. Workers in Boon have an average one-way commute time of 24.8 minutes.
Education & Demographics
27.8% of Boon 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Boon, MI
Compared to national averages, Boon has a median household income of $86,250 (15% above the national median of $75,149). Home values average $117,500, which is 52% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Boon's income is 31% above the state average of $66,017, and home values are 36% below the state median of $183,391.
Why Live in Boon, MI?
Boon offers a strong local economy with a median household income of $86,250, well above the national average, and affordable housing with a median home value of $117,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and short commute times averaging just 24.8 minutes.
Boon has a population of 57 with a median age of 54.7 years. Compare Boon with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Boon
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crystal Downs Country Club | 61 | $0 | $0 | Compare |
| Cross Village | 51 | $46,500 | $330,000 | Compare |
| Caberfae | 64 | $58,000 | $160,700 | Compare |
| Ponshewaing | 66 | $0 | $0 | Compare |
| Eagle River | 77 | $61,250 | $286,100 | Compare |
| Pelkie | 32 | $0 | $0 | Compare |
| Cedar | 26 | $51,875 | $0 | Compare |
| Turner | 88 | $0 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Boon With Other Cities
Frequently Asked Questions about Boon
What is the population of Boon, MI?
The population of Boon, MI is 57 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Boon?
The median household income in Boon, MI is $86,250 per year, which is 15% above the national median of $75,149.
What is the median home value in Boon?
The median home value in Boon, MI is $117,500, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Boon?
The median monthly rent in Boon, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Boon?
The unemployment rate in Boon, MI is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Boon, MI a good place to live?
Boon offers above-average incomes, affordable housing, and a strong job market. With a population of 57 and a median age of 54.7, the city appeals to established professionals and retirees.
How educated is Boon, MI?
27.8% of residents in Boon 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 Boon?
Key cost-of-living indicators for Boon, MI: median home value is $117,500 (52% below national), median rent is $0/month, and median household income is $86,250. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Boon?
The poverty rate in Boon, MI is 17.5%, 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 Boon, MI?
Boon's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.