Skip to content
ZipNumbers

Minnesota · Census place 07048

Bovey city, MN

Quick answer

Bovey city has 690 residents, ranking #428 of 914 places in Minnesota. Median household income is $67,500, the median home is worth $103,400 and median gross rent runs $850 a month.

Population
690Bovey city residents
Median household income
$67,500Past 12 months, inflation adjusted
Median home value
$103,400Owner-occupied units
Median gross rent
$850Rent plus utilities, monthly
Median age
29.7 yrsAll residents
Homeownership rate
64.9%Owner-occupied households

What the numbers mean in Bovey city

Housing cost measured against local earnings.

A household earning the Bovey city median would spend about 15.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.3% of residents and 64.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Compare with nearby places

Places of similar size in Minnesota.

More Minnesota coverage.