Boone County Office Space For Lease

Boone County

Market Report

Number of Listings For Lease
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
4,500

Boone County Office & Commercial Space

Featuring a residential population of nearly 55,000, Boone County is one of four counties included in the larger Rockford Metropolitan Statistical Area. A number of well-developed cities and communities are located within Boone County, making this a prime location for those seeking to find office space for rent or commercial space for rent outside of Chicago. The rental properties for lease in the neighborhood zones of Boone County are significantly more affordable than in surrounding regions of the state, making this an appealing location for business owners hoping to establish a firm foundation in the region.

Boone County Economic Overview

Featuring a median household income slightly above state averages, the residents of Boone County are largely middle class / lower-middle class, depending significantly on the specific community in which individuals are located. Construction and fabrication-related occupations are some of the more popular employment postings for residents of the area. Due to the large role that manufacturing has played in the economic development of Boone County, it should come as no surprise that unemployment here remains quite high after the 2008 recession, which significantly damaged the financial health of numerous businesses here. Nevertheless, the citizens of this county retain a degree of purchasing power, due in large part to the fact that the cost of living remains quite low. Average per capita incomes for residents of the county is approximately $22,000.

Boone County At A Glance

Boone County was originally formed in 1837 out of Winnebago County. Featuring nine distinct townships and eight cities/towns, Boone County retains a degree of diversity that may be harder to find in other areas of the state. That being said, on a demographic level, the population here is largely homogeneous, with the majority of residents being from Caucasian origins. A number of landmarks and points of interest throughout Boone County have been included on the prestigious National Register of Historic Places. Notable attractions include the Boone County Fair.

Where To Lease In Boone County

Boone County’s collection of cities may prove to be attractive locations for business owners hoping to establish a presence in the region. Locations such as Loves Park may provide superior resources for those in retail-based operations, as these areas are more densely populated and are more likely to provide financial support for business owners. Manufacturing enterprises are located throughout the state, found in virtually all of the communities here.

Learn More About Boone County

Market Data

Real time and historical data on commercial real estate listings in Boone County.
Research