Groundwork

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Insurance agencies in Boone County, IN

How Boone County, IN compares with other counties and the U.S. for insurance agencies: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 39 out of 100: Lower middle

Ranked #1,505 of 2,272 scored counties
#28 of 81 scored counties in Indiana

Listings
45
13 chain locations (29%)
Official establishments
38
−9.5% since 2019
Household spending a year
$50.7M
On vehicle insurance · $1,765 a household
Spending per listing
$1.1M
10% below the U.S.
Listings per 10k households
15.7
In line with the U.S.
Population, 2025
80,689
+13.5% since 2020

See the insurance agencies around any address in Boone County

The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Boone County. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 45 insurance agencies in Boone County. Chain locations make up 29% of them, against 21% across the U.S. Per 10,000 households, that is 15.7, in line with the U.S. rate of 15.6.

Household spending on vehicle insurance in Boone County comes to about $50.7M a year: $1,765 per household, 10% below the U.S. average. That is about $1.1M of household spending for each agency on map listings, 10% below the U.S. figure of $1.3M.

The official count of businesses with payroll classed as insurance agencies and brokerages in Boone County was 38 in 2023, down 9.5% from 2019. That is one for every 756 households, against one for every 966 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $445K has gone to businesses classed as insurance agencies and brokerages in Boone County.

Population estimates show Boone County grew 13.5% from 2020 to 2025, faster than the U.S. (+3.1%). The Groundwork market score for insurance agencies in Boone County is 39 (lower middle), #1,505 of 2,272 scored counties and #28 of 81 scored counties in Indiana.

How Boone County compares

The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Insurance agencies in Boone County, IN compared with Indiana and the U.S.
MeasureBoone CountyIndianaU.S.
Listings per 10k households15.716.215.6
Spending per listing$1.1M$1M$1.3M
Households per official establishment756916966
Official establishment growth, 2019–2023−9.5%−0.4%−1.0%
Population growth, 2020–2025+13.5%+2.7%+3.1%
Spending per household on vehicle insurance$1,765$1,648$1,957
Median household income$111,250$71,957$80,734
Groundwork market score3932

Official counts and lending

Businesses

Official establishments, 2019 to 2023
42 → 38−9.5% over the period
Employees, 2023
90
Annual payroll, 2023
$5M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
4513 chain locations
Listings at the U.S. rate for this spending
40The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$445K

SBA-backed loans to businesses classed as insurance agencies and brokerages in Boone County, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Boone County

Population, 2025 estimate
80,689+13.5% since 2020
Households
28,738
Median age
39.6
Homes lived in by their owners
79%
Vehicles per household
2.0
Land area
423 sq. mi.
People per square mile
177
Median household income
$111,250+33.9% vs. 2015–2019, before inflation
Average household income
$154,426
Median home value
$376,200
Jobs located here
43,536
Daytime population
80,146Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Boone County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.

Or open the report at the center of Boone County. Signed out, you see a blurred preview; on an account, each report is one action.

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Insurance agencies across Indiana

Every Indiana market ranked →

The highest-scoring counties in Indiana for insurance agencies, numbered among those based in Indiana, with Boone County marked.

Top counties in Indiana

Counties in Indiana ranked for insurance agencies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Owen County, IN60910.4$1.8M+2.6%#780 of 2,272
2Sullivan County, IN58810.2$1.8M+0.1%#841 of 2,272
3Dearborn County, IN572311.3$1.7M+1.7%#878 of 2,272
4LaGrange County, IN56129.3$1.6M+1.9%#914 of 2,272
5Morgan County, IN563412.0$1.6M+4.4%#918 of 2,272
6Noble County, IN522011.0$1.6M+1.0%#1,041 of 2,272
7Clark County, IN496512.7$1.3M+7.5%#1,155 of 2,272
8Hancock County, IN495014.9$1.2M+13.5%#1,157 of 2,272
9Putnam County, IN481712.0$1.5M+3.2%#1,178 of 2,272
10Washington County, IN481513.4$1.5M+0.5%#1,179 of 2,272
28Boone County, IN394515.7$1.1M+13.5%#1,505 of 2,272

Other business types in Boone County

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many insurance agencies are in Boone County, IN?

Boone County has 45 insurance agencies on map listings as of September 2026. 13 of them (29%) are chain locations. The listings count insurance agencies. Official counts show 38 businesses with payroll classed as insurance agencies and brokerages in 2023, down 9.5% from 2019.

How much do households in Boone County, IN spend on vehicle insurance?

About $50.7M a year, or $1,765 per household. That is 10% below the U.S. average (an index of 90, where 100 is the U.S. average). Spread across the 45 insurance agencies on map listings, it comes to $1.1M per agency. It is estimated from the incomes of the 28,738 households in Boone County and national spending patterns by income.

How does Boone County, IN compare with the U.S. for insurance agencies?

Boone County has 15.7 insurance agencies per 10,000 households, in line with the U.S. rate of 15.6. Spending per agency is $1.1M, 10% below the U.S. figure of $1.3M. At the national ratio of insurance agencies to household spending, Boone County would have about 40, against 45 on map listings. There is one business with payroll in the industry for every 756 households, against one for every 966 across the U.S. The official count fell 9.5% from 2019 to 2023, against −1.0% for the U.S.

How fast is Boone County, IN growing?

Population estimates put Boone County at 80,689 people in 2025, up 13.5% since 2020, faster than the U.S. (+3.1%). It has 28,738 households. The median household income in Boone County is $111,250 a year, 38% above the U.S. median of $80,734. That rose 33.9% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Boone County scores 39 for insurance agencies (lower middle), #1,505 of 2,272 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Boone County. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for insurance agencies · All 56 business types in Boone County

Screening a site or an acquisition in Boone County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Boone County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.