Boone County, Nebraska: commercial real estate data.
Boone County, Nebraska has a population of 5,356 across 687 square miles, down 0.4 percent since the 2020 census base. County output reached $575.7 m in 2024, 199 establishments operate here, and the SBA record carries 5 7(a) approvals worth $1.2 m.
104 sourced county values · tier FULL · 11 sections
Boone County
How many people live in Boone County
- Population5,356
- Households2,191
- Average household size2.44
- Median household income$74,947
- Median age42.6
- Median gross rent$850 per month
- Median owner-occupied home value$173,700
- Home value to household income2.3 times
- Annual rent as a share of median income13.6 percent
- Adults 25 and over with a bachelor degree or higher19.7 percent
- Adults 25 and over with a graduate degree5.4 percent
- Adults 25 and over3,713
- Population under 181,313
- Share under 1824.5 percent
- Population 65 and over1,276
- Share 65 and over23.8 percent
- Working age population, 18 to 642,767
- Civilian labor force2,636
- Unemployment rate1.2 percent
- Labor force participation, adults 18 and over65.2 percent
- Rank by population among Nebraska counties52nd of 93
- Rank by population among US county-equivalents2865th
Boone County is the 52nd largest of 93 Nebraska counties by population. A median home costs 2.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 24.5 percent against 23.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Boone County
Is Boone County growing
- Population change since the 2020 census base-0.37 percent
- Census 2020 base population5,374
- Births, 202466
- Deaths, 202469
- Natural change, 2024-3
- Net domestic migration, 202430
- Net international migration, 20249
- Total net migration, 202439
- Cumulative net domestic migration, 2021 to 202426
- Rank by growth among US county-equivalents1975th
The county has lost 0.37 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Boone County
Where people moving to Boone County come from
- Tax returns filed by households arriving114
- People arriving, from those returns202
- Adjusted gross income arriving$6.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$55,491
- Largest single originBoone County Non-migrants (2,142 households)
- Largest single destination (2,142 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Boone County Non-migrants | 2,142 | 4,675 | $177.4 m |
| Other flows - Same State | 90 | 167 | $5.3 m |
| Other flows - Different State | 24 | 35 | $1.1 m |
| Other flows - Midwest | 24 | 35 | $1.1 m |
The largest single source of arrivals is Boone County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Boone County
What the Boone County economy runs on
- County GDP, 2024$575.7 m
- County GDP, 2023$637.0 m
- GDP change, 2023 to 2024-9.6 percent
- GDP change over five years26.1 percent
- Rank by GDP among Nebraska counties39th
- Rank by GDP among US county-equivalents2311th
- GDP per resident$107,485
Output grew -9.6 percent in the latest year and 26.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Boone County
Who employs people in Boone County
- Covered employment, annual average2,452
- Establishments reporting258
- Average annual pay$50,753
- Average weekly wage$976
- Sector 11, employment373
- Sector 11, average annual pay$56,210
- Sector 44-45, employment258
- Sector 44-45, average annual pay$38,115
- Sector 62, employment224
- Sector 62, average annual pay$37,719
- Sector 42, employment222
- Sector 42, average annual pay$58,847
- Sector 31-33, employment163
- Sector 23, employment123
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 11 | 373 | 52 | $56,210 |
| Sector 44-45 | 258 | 25 | $38,115 |
| Sector 62 | 224 | 18 | $37,719 |
| Sector 42 | 222 | 24 | $58,847 |
| Sector 31-33 | 163 | 10 | $74,684 |
| Sector 23 | 123 | 22 | $63,757 |
| Sector 48-49 | 39 | 11 | $54,476 |
| Sector 54 | 37 | 8 | $52,175 |
The largest sector is the biggest private employer group at 373 jobs, 15.2 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Boone County
What businesses operate in Boone County
- Establishments, all industries199
- Employment at those establishments1,707
- Annual payroll$85.0 m
- Establishments per 1,000 residents37.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Boone County
What is being built in Boone County
- Housing units authorised by permit, 202415
- Declared construction value permitted$6.0 m
- Single family units authorised15
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$396,780
- Units authorised per 1,000 households6.8
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Boone County
How much SBA lending happens in Boone County
- 7(a) approvals recorded5
- 7(a) gross approval dollars$1.2 m
- Average 7(a) approval$243,760
- Median 7(a) approval$150,000
- 10th percentile approval$22,400
- 90th percentile approval$495,000
- Largest single approval$495,000
- Jobs reported supported, 7(a)26
- Jobs per approval5.2
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals4
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter5
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countOffices of Chiropractors (2)
- Most active lenderBayFirst National Bank (2)
The average approval of $243,760 sits well above the median of $150,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 0.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Boone County
Do SBA loans in Boone County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure5
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Boone County
Which parts of Boone County get the lending
- Places in the county with recorded lending2
- ALBION, approvals4
- Newman Grove, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| ALBION | 4 | $779,400 |
| Newman Grove | 1 | $439,400 |
ALBION accounts for 4 approvals against 1 in Newman Grove. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Boone County
How big is Boone County
- Land area687 sq mi
- Rank by land area among Nebraska counties41st of 93
- Width, east to west24.1 mi
- Height, north to south30.1 mi
- Geographies sharing a boundary6
- Residents per square mile of land8
- Establishments per square mile0.29
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Boone County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Boone County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population5,356
- Households2,191
- Average household size2.44
- Median household income$74,947
- Median age42.6
Common questions
Boone County questions, answered from the record.
How many people live in Boone County, Nebraska?
5,356, in 2,191 households, ranking 52nd of 93 Nebraska counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Boone County growing?
The population has fallen 0.37 percent since the 2020 census base. In 2024 there were 66 births against 69 deaths, with net migration of 39. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Boone County?
$74,947. The median owner-occupied home is valued at $173,700, which is 2.3 times income, and median gross rent is $850 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Boone County?
199 establishments, employing 1,707 people with an annual payroll of $85.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Boone County?
Average annual pay is $50,753, or $976 a week, across 2,452 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Boone County?
5 7(a) approvals totalling $1.2 m since FY2020, across 4 lenders, with a median approval of $150,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Boone County?
15 housing units were authorised by permit in 2024, with a declared construction value of $6.0 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Boone County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Boone County come from?
The largest single origin is Boone County Non-migrants, with 2,142 households. Arriving households report an average income of $55,491 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Boone County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Boone County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.