CENSUS TRACT
Census Tract 706.01
Kentucky · Boone County · 3,548 residents · 35.491 sq mi
Notable rankings
#7lowest low rent burden in KY#888 US0.0%#35lowest low poverty in KY2.5%#53highest home value in KY$435,500#74highest household income in KY$112,370TRACT SHAPE · Boone County, KY
The short version
Census Tract 706.01 is significantly wealthier than the US average, with a median household income of $112,370. Population has declined 3% since 2020. Median home value is $435,500. At a median age of 33.6, residents skew younger than the country as a whole. Poverty is rare here, at 2.5% of residents.
At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 33.6
US median: 38.9
More educated
41% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
3,548
−3%since 2020
from 3,672 in 2020
2020 – 2024
Population density
100 / sq mi
−3%since 2020
from 103 / sq mi in 2020
US average: 281
Median age
33.6
+3%since 2020
from 32.5 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$112,370
−4%inflation adjusted, since 2020
from $96,184 in 2020
US average: $82,259
2020 – 2024
Per capita income
$41,773
+19%since 2020
from $35,214 in 2020
US average: $44,673
Households earning $100K+
71.7%
+9.9 ptssince 2020
from 61.8% in 2020
US average: 53.3%
Poverty rate
2.5%
+0.6 ptssince 2020
from 1.9% in 2020
US average: 12.5%
Income inequality (Gini)
0.402
−5%since 2020
from 0.422 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade20.2%
Finance & insurance9.8%
Professional, scientific, technical9.8%
Wholesale trade8.9%
Transportation & warehousing6.2%
Information4%
Other services3.2%
Public administration2.1%
Arts, entertainment, food1.2%
Agriculture, forestry, fishing1.1%
Construction1.1%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$435,500
+16%inflation adjusted, since 2020
from $309,700 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,260
−5%inflation adjusted, since 2020
from $1,091 in 2020
US average: $1,442
Owner-occupied
82.3%
−2.3 ptssince 2020
from 84.6% in 2020
17.7% rent
Vacancy rate
9.2%
+1.5 ptssince 2020
from 7.7% in 2020
US average: 10.0%
Owner cost-burdened
15.3%
−1.8 ptssince 2020
from 17.1% in 2020
US average: 22.9%
Renter cost-burdened
0.0%
−6.4 ptssince 2020
from 6.4% in 2020
US average: 47.4%
Afford Score
3.9
+20%since 2020
from 3.2 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 706.01 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic98.1%(3,602)
Black0%(0)
Hispanic / Latino1.3%(48)
Asian0.1%(3)
Other0.5%(19)
Diversity Score4.7%(172)
2024
White, non-Hispanic90.9%(3,224)
Black1.6%(55)
Hispanic / Latino0.6%(23)
Asian2.7%(95)
Other4.3%(151)
Diversity Score21.4%(761)
Diversity Score
21
+357%since 2020
from 5 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
41.0%
−1.4 ptssince 2020
from 42.3% in 2020
US average: 35.6%
High school or higher
92.1%
−1.7 ptssince 2020
from 93.8% in 2020
US average: 89.6%
Graduate degree
16.3%
+1.0 ptssince 2020
from 15.3% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
25.8 min
−17%since 2020
from 31.1 min in 2020
US average: 26.5
Drive alone to work
81.6%
+2.7 ptssince 2020
from 78.9% in 2020
US average: 68.9%
Carpooled to work
4.0%
−6.1 ptssince 2020
from 10.1% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
14.4%
+5.5 ptssince 2020
from 9.0% in 2020
US average: 15.0%
Walked to work
0.0%
−2.0 ptssince 2020
from 2.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
3.6%
+2.6 ptssince 2020
from 1.0% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.0%
−1.1 ptssince 2020
from 2.0% in 2020
US average: 5.2%
Labor force participation
66.4%
−0.6 ptssince 2020
from 67.0% in 2020
US average: 63.5%
Self-employed
20.5%
+10.5 ptssince 2020
from 10.0% in 2020
US average: 13.1%
Management & professional
37.9%
−8.1 ptssince 2020
from 46.0% in 2020
US average: 42.5%
Section 08
People & community
Male
62.1%
−0.4 ptssince 2020
from 62.5% in 2020
Female
37.9%
+0.4 ptssince 2020
from 37.5% in 2020
Foreign born
2.8%
+2.5 ptssince 2020
from 0.3% in 2020
US average: 14.1%
Veterans
8.5%
−0.9 ptssince 2020
from 9.4% in 2020
US average: 6.2%
With a disability
14.8%
+2.1 ptssince 2020
from 12.7% in 2020
US average: 13.3%
Uninsured
27.0%
−1.0 ptssince 2020
from 28.0% in 2020
US average: 8.4%
Broadband at home
92.5%
+2.2 ptssince 2020
from 90.3% in 2020
US average: 91.0%
English only at home
94.7%
−3.1 ptssince 2020
from 97.8% in 2020
US average: 77.7%
Spanish at home
2.3%
+1.2 ptssince 2020
from 1.2% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 706.01 to nearby tracts
CENSUS TRACT 706.01 VS
Census Tract 703.18
Income$114,893+2%
Home value$345,400−21%
Population9,649+172%
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CENSUS TRACT 706.01 VS
Census Tract 706.05
Income$164,395+46%
Home value$491,700+13%
Population7,385+108%
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CENSUS TRACT 706.01 VS
Census Tract 706.07
Income$120,163+7%
Home value$327,800−25%
Population4,327+22%
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CENSUS TRACT 706.01 VS
Census Tract 703.16
Income$109,788−2%
Home value$292,400−33%
Population6,229+76%
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Frequently asked
How many people live in this census tract?
this census tract has about 3,548 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $112,370 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $435,500, and the typical rent is about $1,260 a month.
How educated are people in this census tract?
About 41.0% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 2.5% of people in this census tract live below the federal poverty line.
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Containing area
Boone CountyOther census tracts in Boone County
Census Tract 703.18Census Tract 706.05Census Tract 703.05Census Tract 703.09Census Tract 704.03Census Tract 705.03Census Tract 703.16Census Tract 703.15Census Tract 706.06Census Tract 703.01Census Tract 703.14Census Tract 703.17Census Tract 705.06Census Tract 703.13Census Tract 706.07Census Tract 701.01DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024