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Boone County, KY

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
94
6% below the U.S. average
Median home value
$253,200
national $303,400
Home prices, 5 years
+53.0%
over the 5 years to 2023
Monthly rent
$1,253
national $1,348
Homeownership
77%
national 65%
Unemployment
3.7%
national 3.6%
Household income
$94,752
national $78,538
Median age
37.7 yrs
national 38.7

Cost of living is the metro-area price level for Cincinnati, OH-KY-IN.

The cost of living runs about 6% below the national average. The median home is valued at $253,200 (nominal). Home prices have risen about 53% over the five years to 2023. Median rent is about $1,253 a month. Unemployment averaged 3.7% in 2023 (national 3.6%). Median household income is $94,752. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Boone County, KY saw a net gain of 162 tax-filing households and a net gain of 647 individuals. Against a population of about 140,496, that is a net inflow of about 4.6 per 1,000 residents. On net, the area lost $54.6M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 1,473 households, came from Kenton County; the largest outflow, about 1,499 households, went to Kenton County. In the prior (2022) filing year, the area saw a net gain of 349 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
-$54.6M
nominal dollars
Net households
+162
tax returns
Net people
+647
exemptions

+4.6 net people per 1,000 residents (population 140,496)

Income (AGI) in and out

Moved in$299.2M
Moved out$353.8M
Net -$54.6M (nominal)
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Boone County within Kentucky

Boone County is outlined, with arrows tracing its largest moves to and from other Kentucky counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Where movers came from

  1. 1Kenton County, KY1,473$84.7M
  2. 2Hamilton County, OH476$28.1M
  3. 3Campbell County, KY294$16.8M
  4. 4Grant County, KY191$9M
  5. 5Clermont County, OH85$4.4M
  6. 6Butler County, OH79$4.8M
  7. 7Fayette County, KY79$5.3M
  8. 8Jefferson County, KY75$4.6M
  9. 9Gallatin County, KY67$3.7M
  10. 10Dearborn County, IN56$2.9M
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Where movers went

  1. 1Kenton County, KY1,499$92.3M
  2. 2Hamilton County, OH360$17.3M
  3. 3Campbell County, KY316$19.2M
  4. 4Grant County, KY210$14.2M
  5. 5Butler County, OH84$5.2M
  6. 6Jefferson County, KY81$5.1M
  7. 7Clermont County, OH79$4.7M
  8. 8Fayette County, KY76$3.9M
  9. 9Gallatin County, KY68$4.5M
  10. 10Dearborn County, IN67$4.9M
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Kenton County, KY1,4731,499-26-$7.5M
Hamilton County, OH476360+116+$10.8M
Campbell County, KY294316-22-$2.4M
Grant County, KY191210-19-$5.1M
Clermont County, OH8579+6-$248K
Butler County, OH7984-5-$487K
Jefferson County, KY7581-6-$470K
Fayette County, KY7976+3+$1.4M
Gallatin County, KY6768-1-$807K
Dearborn County, IN5667-11-$2M
Pendleton County, KY4442+2-$651K
Warren County, OH3846-8+$958K

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: -$131.8M (+5,702 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$38.1M+603
2013-$8.9M+816
2014-$33.7M-178
2015-$6.9M+241
2016-$17.7M-251
2017-$4.2M+871
2018-$28.1M+783
2019-$4.2M+784
2020+$26.3M+674
2021-$17.1M+363
2022-$20.8M+349
2023-$54.6M+647
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 647 more people moved into Boone County, KY than left (counting tax filers and their dependents) — a net loss of about $54.6M in income (nominal) — in a county of 141,388 people.

Population
141,388
Census 2023 estimate
Net migration rate
+4.6
net people per 1,000 residents
A town of 10,000 would net about +46 people.
Net income per resident
−$386
nominal dollars
-$54.6M total across 141,388 residents.

The rate lets you compare Boone County, KY with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+1,712
Deaths
-1,134
Net domestic migration
+438
Net international migration
+965
Total change
+1,959

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Boone County, KY run about 6% below the national average. In plain terms: $100 spent here buys about what $106 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$61,662
what people here earn (BEA 2023, nominal)
12% below the U.S. average
Price level
94.2
100 = U.S. average prices (BEA price parity)
everyday costs about 5.8% lower than average
What that income buys
$65,442
local income restated at U.S.-average prices
7% below the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

Cost of living shown for the Cincinnati, OH-KY-IN metro area (BEA publishes price parities by metro, not by county).

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents83.8
Goods94.4
Utilities88.1
Other services97.6

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Boone County, KY

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
37.7
years
Median household income
$94,752
per household (ACS 2019–2023, nominal)
21% above the U.S. median
College degree
35%
adults 25+ with a bachelor's or higher
Poverty rate
6.6%
residents below the poverty line
Average commute
25 min
mean travel time to work
Broadband at home
93%
households with any broadband
Race and ethnicity (share of residents)
White 84%Hispanic 6%Black 4%Asian 2%Other 5%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$253,200
owner-occupied homes
17% below the U.S. median
Median rent
$1,253
gross rent per month
7% below the U.S. median
Homeownership
77%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+8.8%
price change, 2022 to 2023
Past 5 years
+53%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
796new housing units authorized in 2023
Single-family 52%Multifamily 48%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
3.7%
BLS 2023 annual average
Labor force
72,337
69,646 employed
Disaster declarations
major federal, 2023

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
3.5%
April 2026 · ▲ 0.1 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Boone County, KY has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
202420,60145,6501,170R +37.267,421
202020,89744,8111,245R +35.766,953
201615,02639,0823,510R +41.857,618
201215,62935,922960R +38.652,511
200816,29233,812670R +34.550,774
200412,39132,329362R +44.245,082
20009,24822,016720R +39.931,984

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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