Boonville, NC
Population 1,502 · North Carolina
About Boonville, NC
Boonville is a small town located in North Carolina with a population of 1,502 residents according to the latest US Census Bureau American Community Survey data. The median household income is $77,500 per year, which is 3% above the national median of $75,149. The median age of 37.5 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 $167,300, which is 32% below the national median of $244,900. This positions Boonville in a moderately priced market relative to the rest of the country. Median monthly rent is $735, 37% below the national average of $1,163/month. Of the 663 total housing units, 70% are owner-occupied (411 units) and 30% are renter-occupied (177 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Boonville 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 13.1%, above the national average of 12.4%. Workers in Boonville have an average one-way commute time of 29.2 minutes.
Education & Demographics
21.2% of Boonville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 4.5% White, 0.4% Hispanic or Latino, 0.1% Black or African American, and 0.3% Asian residents, with 3.6% of the population being foreign-born.
Cost of Living in Boonville, NC
Compared to national averages, Boonville has a median household income of $77,500 (3% above the national median of $75,149). Home values average $167,300, which is 32% below the national median. Monthly rent at $735 is 37% below the US average of $1,163. Within North Carolina, Boonville's income is 20% above the state average of $64,468, and home values are 27% below the state median of $228,922.
Why Live in Boonville, NC?
Boonville offers a strong local economy with a median household income of $77,500, well above the national average, and affordable housing with a median home value of $167,300, below the US average of $244,900, and rent that’s lower than the national average at $735/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%.
Boonville has a population of 1,502 with a median age of 37.5 years. Compare Boonville with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Boonville
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Princeville | 1,502 | $49,583 | $99,100 | Compare |
| Rose Hill | 1,501 | $44,722 | $116,200 | Compare |
| Saxapahaw | 1,501 | $63,281 | $179,300 | Compare |
| Lake Lure | 1,488 | $72,813 | $510,300 | Compare |
| Dobson | 1,521 | $44,531 | $168,300 | Compare |
| Clyde | 1,522 | $59,315 | $194,600 | Compare |
| Weldon | 1,522 | $38,725 | $96,000 | Compare |
| Bethel | 1,528 | $51,489 | $114,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
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, NC?
The population of Boonville, NC is 1,502 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Boonville?
The median household income in Boonville, NC is $77,500 per year, which is 3% above the national median of $75,149.
What is the median home value in Boonville?
The median home value in Boonville, NC is $167,300, which is 32% 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, NC is $735, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Boonville?
The unemployment rate in Boonville, NC is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Boonville, NC a good place to live?
Boonville offers above-average incomes, affordable housing, and a strong job market. With a population of 1,502 and a median age of 37.5, the city appeals to a broad range of residents.
How educated is Boonville, NC?
21.2% 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, NC: median home value is $167,300 (32% below national), median rent is $735/month, and median household income is $77,500. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Boonville?
The poverty rate in Boonville, NC is 13.1%, 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, NC?
Boonville's population is 4.5% White, 0.4% Hispanic or Latino, 0.1% Black or African American, 0.3% Asian, and 0.3% two or more races. 3.6% of residents are foreign-born.