Bovey, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Bovey, Minnesota had a total population of 646, the 443rd largest city in Minnesota, with a median household income of $64,083, which is 28% lower than the state average. The poverty rate is 18.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
Bovey Quick Facts
How Bovey Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 690 | 646 | -6.4% |
| Median household income | $67,500 | $64,083 | -5.1% |
| Median home value | $103,400 | $122,800 | +18.8% |
How Bovey Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Bovey Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Itasca County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Grand Rapids | 11,207 | $61,029 | 15.5% | $213,800 |
| Cohasset | 2,703 | $92,692 | 6.4% | $330,500 |
| Coleraine | 2,150 | $74,716 | 10.7% | $211,800 |
| Keewatin | 1,215 | $53,643 | 19.2% | $86,800 |
| Nashwauk | 926 | $57,589 | 14.4% | $112,300 |
| Deer River | 889 | $38,824 | 30.6% | $111,200 |
| Marble | 669 | $53,958 | 17.0% | $102,500 |
| La Prairie | 592 | $69,375 | 6.7% | $212,800 |
| Taconite | 468 | $84,375 | 3.6% | $219,600 |
| Bigfork | 375 | $29,375 | 38.0% | $118,800 |
Cities Similar to Bovey
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Littlefork | 636 | $64,130 | $150,800 | 24.7% | 6.8% |
| Stewart | 644 | $65,982 | $125,400 | 6.9% | 6.7% |
| Buffalo Lake | 635 | $66,167 | $113,400 | 17.1% | 20.1% |
| Karlstad | 622 | $64,000 | $126,300 | 39.5% | 11.9% |
| Ironton | 621 | $62,813 | $144,000 | 19.1% | 14.3% |
A note before these figures: with a population of 646, Bovey's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Bovey is a small community located in Minnesota, within Itasca County. The total population is 646. It ranks as the 443rd most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Bovey is 30.1 years. This is 22% lower than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Bovey is $64,083. This is 28% lower than the state median of $89,062. It is also 21% lower than the national median of $80,734. The poverty rate stands at 18.7%. This is 101% higher than the state poverty rate of 9.3%. The survey records no unemployed residents in Bovey, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $122,800. Housing costs are 63% lower than the state median of $329,300. With a home-value-to-income ratio of just 1.9x, Bovey is one of the most affordable housing markets in the area. 71.8% of occupied housing units are owner-occupied.
Race & Ethnicity
The largest racial or ethnic group in Bovey is White (non-Hispanic), making up 81.4% of the population. Black or African American residents account for 0.9%. The Black or African American population (0.9%) is well below the state average of 7.0%. The Hispanic or Latino population (0.6%) is well below the state average of 6.4%.
Education
15.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 61% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.5%.
Data Sources & Methodology
All demographic data for Bovey, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Bovey, Minnesota?
Bovey, Minnesota has a population of 646 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Bovey, MN?
The median household income in Bovey is $64,083, which is 21% lower than the national median of $80,734.
What is the poverty rate in Bovey, MN?
The poverty rate in Bovey is 18.7%. This means approximately 120 residents live below the federal poverty line.
What is the racial makeup of Bovey, Minnesota?
Bovey's population is 81.4% White, 0.9% Black, 0.6% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Bovey, MN?
The median home value in Bovey is $122,800. The home-value-to-income ratio is 1.9x.
How educated is Bovey, Minnesota?
15.3% of adults (25+) in Bovey hold a bachelor's degree or higher, and 9.0% hold a graduate or professional degree.