Boon, MI Profile: Facts & Data

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Boon, Michigan - Basic Facts

The Boon Census Designated Place had a population of 161 as of July 1, 2019. Boon ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Boon is located at latitude 44.2897 and longitude -85.602 in Wexford County. The formal boundaries for the Boon Census Designated Place encompass a land area of 1.76 sq. miles and a water area of 0 sq. miles. Wexford County is in the Eastern time zone (GMT -5). The elevation is 1,378 feet.

The Boon Census Designated Place (GNIS ID: 2583722) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Boon Census Designated Place is located within Township of Boon, a minor civil division (MCD) of Wexford County.

Alternate Unofficial Names for Boon: Boone.

Jump to... (On This Page!)
  1. Boon 2019 Demographic Data
  2. Growth Rates for Boon (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Boon, MI Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Boon, MI Housing Affordability Index is 213
State of Michigan Housing Affordability Index is 142
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.

WEALTH INDEX

Boon, MI Wealth Index is 53
State of Michigan Wealth Index is 92
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Michigan COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 161 (100%)
Population in Households 161 (100.0%)
Population in Families 129 (80.1%)
Population in Group Quarters1 0
Population Density 92
Diversity Index2 10
 

INCOME

Median Household Income $42,424
Average Household Income $56,437
Per Capita Income $23,465
Wealth Index4 53

HOUSING

Total Housing Units 77 (100%)
Owner Occupied HU 56 (72.7%)
Renter Occupied HU 11 (14.3%)
Vacant Housing Units 10 (13.0%)
Median Home Value $110,714
Housing Affordability Index3 213
 

HOUSEHOLDS

Total Households 67
Average Household Size 2.4
Family Households 45
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 race 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 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

2010-2019 2019-2024
Population -0.39% 0.0%
Households -0.16% 0.0%
Families -0.7% 0.0%
Median Household Income   1.94%
Per Capita Income   2.45%

Boon, MI - Peer Comparisons by Rank and Percentile

The table below compares Boon to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2019 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 # 667 4th
Population Density # 666 4th
Diversity Index # 617 11th
Median Household Income # 507 27th
Per Capita Income # 466 33rd

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

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