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AREA INFORMATION

55709 (Bovey, MN)

Explore the real estate in 55709 (Bovey, MN)

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Area Highlights

55709 (Bovey, MN) residents have a median age of 46 years old, with employment highest in the construction and administrative support industries.

5,274 Population

The population has increased by 1.6% since the year 2010.

2,266 Households

$67,639 /yr
Median Household Income

$73,750
Median Home Sale Price

25m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

46 Median Age

Average Household Size

2.3
persons per
household

57.4%

Married Households

Community Population By Education

High School Graduate 32%
Some College 26%
Associates Degree 16%
Bachelors Degree 15%
Graduate Degree 8%
Some High School 4%

Household Family Expenses vs National Average

27.4% of households have children

Economics

$67,639 /yr
Median Household Income
$73,750
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 88%
  • Work from Home 10%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 2,007 70%
Vacant 620 21%
Rented 259 9%

White vs Blue Collar Jobs







White Collar 65%
Blue Collar 35%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 92%
Hispanic 1%
Native American 1%
Other <1%
Black <1%
Asian <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

79° July
Hottest Average Month
-5° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
-5°
17°
Feb
-1°
24°
Mar
12°
36°
Apr
28°
52°
May
39°
66°
Jun
49°
74°
Jul
54°
79°
Aug
52°
77°
Sep
43°
66°
Oct
33°
54°
Nov
19°
35°
Dec
3°
22°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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