Bovey, MN Employment - Median Household Income, Unemployment Rate

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C-

25%

Income/capita NAT. AVG.

2%

Household income NAT. AVG.

20%

Unemployment NAT. AVG.

Index	Bovey	Minnesota	National
Income per capita	$33,453	$49,588	$44,883
Median household income	$79,966	$92,370	$81,333
Median income owner occupied	$96,240	$117,544	$106,172
Median income renter occupied	$36,854	$52,026	$52,080
Median earnings male	$57,338	$60,747	$54,343
Median earnings female	$33,915	$42,223	$38,439
Unemployment rate	5.9%	3.6%	4.9%
Poverty level	12.7%	10.8%	15.1%

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Key findings

The income per capita in Bovey is 25% lower than the national average
The median household income in Bovey is 2% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Bovey is 20% higher than the national average
The poverty level in Bovey is 16% lower than the national average

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am i middle class

$53,305 $79,966 $159,932

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Bovey median earnings by income bracket

Bovey employment by industry

Labour Type	Male	Female
Construction industry	8.2%	8.2%
Manufacturing sector	37.7%	37.7%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	25.7%	25.7%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	9.8%	9.8%
Education, health & social services	7.1%	7.1%
Other	11.5%	11.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Cohasset, MN	2,791	$100,150	23.1%
La Prairie, MN	751	$97,141	19.4%
Taconite, MN	770	$87,775	7.9%
Nashwauk, MN	1,139	$76,498	5.9%
Calumet, MN	350	$74,584	8.3%
Bovey, MN	741	$79,966	1.7%

Cities with similar population

City	Population	Household Income	National Avg.
Soda Bay, CA	741	$115,982	42.6%
Dakota, IL	741	$96,680	18.9%
Shelby, NE	741	$98,701	21.4%
Napi Headquarters, NM	741	$37,884	53.4%
Pastoria, VA	741	$78,519	3.5%
Bovey, MN	741	$79,966	1.7%

Source: The Bovey, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.