Boonville, IN Profile: Facts & Data

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Boonville, Indiana - Basic Facts

The City of Boonville had a population of 6,358 as of July 1, 2020.

The primary coordinate point for Boonville is located at latitude 38.0492 and longitude -87.2742 in Warrick County. The formal boundaries for the City of Boonville encompass a land area of 3 sq. miles and a water area of 0.01 sq. miles. Warrick County is in the Central time zone (GMT -6). The elevation is 423 feet.

The City of Boonville (GNIS ID: 2394221) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Boonville is located within Township of Boon, a minor civil division (MCD) of Warrick County.

Alternate Unofficial Names for Boonville: Booneville, Boonsboro, Boonsville.

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Boonville, IN Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 6,358 (100%)
Population in Households 6,244 (98.2%)
Population in Families 5,071 (79.8%)
Population in Group Quarters1 114 ( 1.8%)
Population Density 1,297
Diversity Index2 9
 
 

INCOME

Median Household Income $50,705
Average Household Income $62,925
% of Income for Mortgage4 9%
Per Capita Income $25,325
Wealth Index5 56
 

HOUSING

Total HU (Housing Units) 2,975 (100%)
Owner Occupied HU 1,775 (59.7%)
Renter Occupied HU 851 (28.6%)
Vacant Housing Units 349 (11.7%)
Median Home Value $112,925
Average Home Value $142,093
Housing Affordability Index3 262
 

HOUSEHOLDS

Total Households 2,626
Average Household Size 2.38
Family Households 1,756
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.05% 0.14%
Households 0.08% 0.24%
Families 0.37% 0.1%
Median Household Income   1.28%
Per Capita Income   1.67%
Owner Occupied HU   0.13%

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Boonville, IN - Peer Comparisons by Rank and Percentile

The table below compares Boonville to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 107 84th
Population Density # 337 51st
Median Household Income # 425 38th
Housing Affordability Index # 334 49th
Per Capita Income # 372 45th
Diversity Index # 484 29th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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