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Bovey, MN
Full City Profile · Minnesota · Itasca County County
3.0
/5.0
B
Good
690
Population
300/sq mi density
$67,500
Median Income
$28,950 per capita
$103,400
Home Value
$131,300 Zillow
$850
Median Rent
26.2% income on rent
40°F
Avg Temperature
276 sunny days/yr
218
Violent Crime/100K
3,512 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$67,500 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$103,400 home value, $850/mo rent
F
Safety
1.0 / 5.0
218 violent crimes/100K
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher
Income Overview
Median Household Income
$67,500
10% below
US avg: $75,149
Per Capita Income
$28,950
26% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
12.9%
4% above
US avg: 12.4%
Income Comparison: Bovey vs. U.S. Average
Each bar shows Bovey’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$67,500
90%
Per Capita
US: $39,052
$28,950
74%
IRS Avg AGI
US: $72,000
$70,727
98%
Avg Weekly Wage
US: $1,432
$1,040
73%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,040
27% below US avg ($1,432)
Mean Commute Time
22 min
20% below US avg (28 min)
Work From Home
5.2%
66% below US avg (15.2%)
Drive Alone
76.4%
4% above US avg (73.2%)
Public Transit
4.1%
18% below US avg (5.0%)
County GDP
$2,579M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
76.4%
Public Transit
4.1%
Work From Home
5.2%
Other
14.3%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,352
Restaurants
107
Healthcare
170
Retail
178
Manufacturing
36
Tax & Financial
IRS Avg Adjusted Gross Income
$70,727
2% below US avg ($72,000)
Avg Property Tax
$4,534
30% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $67,500 |
| Per Capita Income | $28,950 |
| IRS Avg Adjusted Gross Income | $70,727 |
| Avg Weekly Wage | $1,040 |
| County GDP | $2,579M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 12.9% |
| Gini Coefficient | 0.432 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 76.4% |
| Public Transit | 4.1% |
| Work From Home | 5.2% |
Businesses
| Total Establishments | 1,352 |
| Restaurants | 107 |
| Healthcare | 170 |
| Retail | 178 |
| Manufacturing | 36 |
Tax
| IRS Avg AGI | $70,727 |
| Avg Property Tax | $4,534 |