The median household income in Bovey, MN in 2022 was $62,968, which was 30.8% less than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $25,662 in 2000 this represents an increase of 59.2%. The per capita income in 2022 was $25,496, which means an increase of 36.7% compared to 2000 when it was $16,127.
Whole page based on the data from 2000 / 2022 when the population of Bovey, Minnesota was 662 / 794
Income statistics for all residents
Median household income in Bovey, MN in 2022:
Bovey:
$62,969
State:
$82,338
Change in median household income between 2000 and 2022:
Bovey, Minnesota:
+145.4%
State:
+74.8%
Number of households with income < $10k:
Bovey:
5.5% (15)
Minnesota:
4.3% (100,518)
Number of households with income $10k - 20k:
Bovey:
0.0% (0)
State:
5.6% (130,945)
Number of households with income $20k - 30k:
Bovey:
9.9% (27)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Bovey:
9.9% (27)
Minnesota:
6.5% (151,862)
Number of households with income $40k - 50k:
Bovey:
7.0% (19)
Minnesota:
6.7% (154,930)
Number of households with income $50k - 60k:
Bovey:
11.4% (31)
Minnesota:
6.9% (159,181)
Number of households with income $60k - 75k:
Bovey:
16.5% (45)
Minnesota:
9.4% (218,220)
Number of households with income $75k - 100k:
Bovey:
20.2% (55)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Bovey:
8.1% (22)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Bovey:
5.1% (14)
State:
8.2% (190,349)
Number of households with income $150k - 200k:
Bovey:
6.2% (17)
State:
10.2% (236,018)
Number of households with income > $200k:
Bovey:
0.0% (0)
State:
11.6% (268,336)
Aggregate household income in Bovey in 2022: $18,925,503
Median family income in Bovey in 2022:
Bovey:
$62,607
State:
$105,324
Number of families with income < $10k:
Bovey:
5.6% (11)
State:
2.2% (31,728)
Number of families with income $10k - 20k:
Bovey:
3.4% (6)
Minnesota:
2.5% (36,635)
Number of families with income $20k - 30k:
Bovey:
3.9% (8)
Minnesota:
3.5% (50,742)
Number of families with income $30k - 40k:
Bovey:
8.7% (17)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
Bovey:
9.5% (18)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
Bovey:
16.1% (31)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Bovey:
13.0% (25)
Minnesota:
8.8% (127,783)
Number of families with income $75k - 100k:
Bovey:
15.9% (31)
State:
14.7% (214,426)
Number of families with income $100k - 125k:
Bovey:
7.9% (15)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Bovey:
7.2% (14)
State:
10.3% (149,830)
Number of families with income $150k - 200k:
Bovey:
8.9% (17)
Minnesota:
13.6% (197,479)
Median non-family income in Bovey in 2022:
Bovey:
$58,754
State:
$48,461
Median per capita income in Bovey in 2022:
Bovey:
$25,497
State:
$45,021
Change in median per capita income between 2000 and 2022:
Bovey, Minnesota:
+58.1%
State:
+94.1%
Income statistics for White residents
Median household income in Bovey, MN in 2022:
Bovey:
$61,427
Minnesota:
$85,697
Change in median household income between 2000 and 2022:
Bovey, Minnesota:
+137.3%
State:
+77.5%
Number of households with income < $10k:
Bovey:
6.2% (15)
Minnesota:
3.9% (74,145)
Number of households with income $10k - 20k:
Bovey:
0.0% (0)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Bovey:
10.8% (26)
Minnesota:
5.8% (111,536)
Number of households with income $30k - 40k:
Bovey:
11.2% (27)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Bovey:
7.9% (19)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Bovey:
10.8% (26)
State:
6.8% (129,961)
Number of households with income $60k - 75k:
Bovey:
16.2% (39)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Bovey:
18.7% (45)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Bovey:
5.8% (14)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Bovey:
5.8% (14)
Minnesota:
8.6% (164,715)
Number of households with income $150k - 200k:
Bovey:
6.6% (16)
State:
10.6% (203,283)
Number of households with income > $200k:
Bovey:
0.0% (0)
State:
12.2% (233,694)
Aggregate household income in Bovey in 2022: $16,363,559
Median family income in Bovey in 2022:
Bovey:
$58,627
State:
$110,049
Number of families with income < $10k:
Bovey:
6.0% (10)
Minnesota:
1.5% (17,407)
Number of families with income $10k - 20k:
Bovey:
4.0% (6)
State:
1.9% (22,955)
Number of families with income $20k - 30k:
Bovey:
4.4% (7)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Bovey:
9.8% (16)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Bovey:
11.2% (18)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Bovey:
16.2% (26)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Bovey:
12.2% (20)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
Bovey:
13.3% (21)
Minnesota:
14.8% (177,106)
Number of families with income $100k - 125k:
Bovey:
4.3% (7)
Minnesota:
13.6% (162,292)
Number of families with income $125k - 150k:
Bovey:
8.5% (14)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
Bovey:
10.2% (17)
State:
14.3% (171,257)
Median non-family income in Bovey in 2022:
Bovey:
$59,228
State:
$49,920
Median per capita income in Bovey in 2022:
Bovey:
$28,829
State:
$49,507
Change in median per capita income between 2000 and 2022:
Bovey, Minnesota:
+73.7%
State:
+103.3%
Income statistics for Hispanic or Latino residents
Median per capita income in Bovey in 2022:
Bovey:
$20,503
State:
$27,748
Income statistics for American Indian and Alaska Native residents
Aggregate household income in Bovey in 2022: $326,210
Median per capita income in Bovey in 2022:
Bovey:
$18,176
State:
$24,180
Change in median per capita income between 2000 and 2022:
Bovey, Minnesota:
+126.5%
Minnesota:
+85.4%
Income statistics for Multirace residents
Number of households with income < $10k:
Bovey:
0.0% (0)
State:
4.8% (5,071)
Number of households with income $10k - 20k:
Bovey:
0.0% (0)
Minnesota:
7.2% (7,697)
Number of households with income $20k - 30k:
Bovey:
0.0% (0)
State:
8.0% (8,495)
Number of households with income $30k - 40k:
Bovey:
0.0% (0)
State:
8.9% (9,445)
Number of households with income $40k - 50k:
Bovey:
0.0% (0)
State:
6.3% (6,680)
Number of households with income $50k - 60k:
Bovey:
29.4% (5)
State:
6.7% (7,171)
Number of households with income $60k - 75k:
Bovey:
0.0% (0)
Minnesota:
8.4% (8,916)
Number of households with income $75k - 100k:
Bovey:
70.6% (12)
State:
13.8% (14,719)
Number of households with income $100k - 125k:
Bovey:
0.0% (0)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
Bovey:
0.0% (0)
Minnesota:
7.3% (7,720)
Number of households with income $150k - 200k:
Bovey:
0.0% (0)
State:
8.2% (8,751)
Number of households with income > $200k:
Bovey:
0.0% (0)
State:
10.5% (11,170)
Aggregate household income in Bovey in 2022: $127,507
Median per capita income in Bovey in 2022:
Bovey:
$12,610
State:
$28,529
Change in median per capita income between 2000 and 2022:
Bovey, Minnesota:
+10.9%
Minnesota:
+155.0%
Income statistics for other residents
Median per capita income in Bovey in 2022:
Bovey:
$12,234
State:
$28,385
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