Booneville, MS
Population 9,060 · Mississippi
About Booneville, MS
Booneville is a small town located in Mississippi with a population of 9,060 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,112 per year, which is 33% below the national median of $75,149. The median age of 34.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Booneville features a median home value of $123,500, which is 50% below the national median of $244,900. This makes Booneville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $615, 47% below the national average of $1,163/month. Of the 3,887 total housing units, 73% are owner-occupied (2,477 units) and 27% are renter-occupied (923 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Booneville shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.9%, above the national average of 12.4%. Workers in Booneville have an average one-way commute time of 19.3 minutes, one of the shorter commutes in the region.
Education & Demographics
24.9% of Booneville 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 1.6% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 0.6% of the population being foreign-born.
How Booneville Ranks in Mississippi
Cost of Living in Booneville, MS
Compared to national averages, Booneville has a median household income of $50,112 (33% below the national median of $75,149). Home values average $123,500, which is 50% below the national median. Monthly rent at $615 is 47% below the US average of $1,163. Within Mississippi, Booneville's income is 0% above the state average of $49,929, and home values are 2% below the state median of $125,705.
Why Live in Booneville, MS?
Booneville offers affordable housing with a median home value of $123,500, below the US average of $244,900, and rent that’s lower than the national average at $615/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features short commute times averaging just 19.3 minutes.
Potential considerations include median household income ($50,112) that falls below the national average. However, Booneville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Booneville has a population of 9,060 with a median age of 34.5 years. Compare Booneville with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Booneville
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Diamondhead | 9,338 | $86,208 | $236,700 | Compare |
| Indianola | 9,360 | $39,275 | $119,100 | Compare |
| Senatobia | 8,306 | $52,370 | $208,000 | Compare |
| Gulf Hills | 8,193 | $66,472 | $191,800 | Compare |
| West Point | 9,967 | $35,055 | $119,300 | Compare |
| Bay St. Louis | 9,971 | $70,082 | $231,900 | Compare |
| Yazoo City | 10,270 | $28,722 | $93,000 | Compare |
| St. Martin | 7,797 | $53,488 | $171,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Booneville With Other Cities
Frequently Asked Questions about Booneville
What is the population of Booneville, MS?
The population of Booneville, MS is 9,060 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Mississippi.
What is the median household income in Booneville?
The median household income in Booneville, MS is $50,112 per year, which is 33% below the national median of $75,149.
What is the median home value in Booneville?
The median home value in Booneville, MS is $123,500, which is 50% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Booneville?
The median monthly rent in Booneville, MS is $615, which is 47% below the national average of $1,163/month.
What is the unemployment rate in Booneville?
The unemployment rate in Booneville, MS is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Booneville, MS a good place to live?
Booneville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 9,060 and a median age of 34.5, the city appeals to young professionals and families.
How educated is Booneville, MS?
24.9% of residents in Booneville 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 Booneville?
Key cost-of-living indicators for Booneville, MS: median home value is $123,500 (50% below national), median rent is $615/month, and median household income is $50,112. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Booneville?
The poverty rate in Booneville, MS is 12.9%, 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 Booneville, MS?
Booneville's population is 1.6% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 18.5% two or more races. 0.6% of residents are foreign-born.