Bovey, MN
Population 690 · Minnesota
About Bovey, MN
Bovey is a small community in Minnesota with a population of 690 residents. The median household income is $67,500 per year, which is near the national average. The median age in Bovey is 29.7 years.
Housing in Bovey has a median home value of $103,400 and median monthly rent of $850. Of the 313 total housing units, the majority are owner-occupied, with 174 owner-occupied and 94 renter-occupied units.
The unemployment rate in Bovey is 0.0% and the poverty rate is 13.3%. 11.7% of residents hold a bachelor's degree or higher. The average commute time is 22.1 minutes.
Cost of Living in Bovey, MN
Compared to national averages, Bovey has a median household income of $67,500 (10% below the national median of $75,149). Home values average $103,400, which is 58% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Minnesota, Bovey's income is 9% below the state average of $74,221, and home values are 49% below the state median of $204,472.
Why Live in Bovey, MN?
Bovey offers affordable housing with a median home value of $103,400, below the US average of $244,900, and rent that’s lower than the national average at $850/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($67,500) that falls below the national average. However, Bovey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bovey has a population of 690 with a median age of 29.7 years. Compare Bovey with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Bovey
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Warsaw | 690 | $115,313 | $255,000 | Compare |
| Greenbush | 685 | $58,438 | $131,700 | Compare |
| Stockton | 684 | $83,438 | $229,000 | Compare |
| Clarks Grove | 683 | $69,792 | $132,800 | Compare |
| Lake Benton | 698 | $52,000 | $91,900 | Compare |
| Clarissa | 700 | $45,500 | $104,000 | Compare |
| Hokah | 673 | $60,313 | $184,900 | Compare |
| Hoffman | 708 | $47,000 | $127,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bovey
What is the population of Bovey, MN?
The population of Bovey, MN is 690 according to the latest Census data.
What is the median household income in Bovey?
The median household income in Bovey, MN is $67,500 per year.
What is the median home value in Bovey?
The median home value in Bovey, MN is $103,400.
What is the average rent in Bovey?
The median monthly rent in Bovey, MN is $850.
What is the unemployment rate in Bovey?
The unemployment rate in Bovey, MN is 0.0%.