55709 Zip Code

April 16, 2024

Zip Code:	55709
City/Town:	Bovey
State:	Minnesota

Population:	4,075
Per Capita Income:	$21,932
Mean Household Income:	$53,349

Total Housing Units:	1,670
Median Home Value:	$75,500
Median Year Homes Built:	1970

Land Area:	229.4 sq miles 594.2 sq kilometers
Water Area:	22.1 sq miles 57.1 sq kilometers

Population Information (55709 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

4,075

Male:

2,140

52.5%

49.2%

Female:

1,935

47.5%

50.8%

Median Age:

44.4 yrs

37.2 yrs

Under 5 years:

196

4.8%

6.5%

5 to 9 years:

283

6.4%

6.6%

10 to 19 years:

506

12.4%

13.8%

20 to 29 years:

377

9.3%

13.8%

30 to 39 years:

437

10.7%

13.0%

40 to 49 years:

584

14.3%

14.2%

50 to 59 years:

707

17.3%

13.6%

60 to 69 years:

563

13.8%

9.4%

70 to 79 years:

304

7.5%

5.4%

80 years and over:

118

2.9%

3.7%

Housing Information (55709 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$75,500

$119,600

Median year homes build:

1970

1971

Median real estate taxes:

$387 / yr.

$1,334 / yr.

Median rent:

$367 / mo.

$519 / mo.

Total households:

1,670

Family households:

1,162

69.6%

66.4%

Nonfamily households:

508

30.4%

33.6%

Households with individuals under 18 years:

476

28.5%

33.4%

Households with individuals 65 years and over:

487

29.2%

24.9%

Average household size:

2.4

Average family size:

2.8

Total housing units:

2,582

Occupied housing units:

1,670

64.7%

88.6%

Vacant housing units:

912

35.3%

11.4%

For rent:

0.6%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.0%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

795

30.8%

3.5%

All other vacants:

2.5%

2.8%

Homeowner vacancy rate:

1.7%

2.4%

Rental vacancy rate:

6.4%

9.2%

Owner-occupied housing units:

1,454

Population in owner-occupied housing units:

3,565

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

216

Population in renter-occupied housing units:

486

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (55709 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,951

Less than 9th grade:

126

4.3%

6.2%

9th to 12th grade, no diploma:

296

10.0%

8.7%

High school graduate (includes equivalency):

1,077

36.5%

29.0%

Some college, no degree:

818

27.7%

20.6%

Associate degree:

260

8.8%

7.5%

Bachelor's degree:

256

8.7%

17.6%

Graduate or professional degree:

118

4.0%

10.3%

Percent high school graduate or higher:

85.7%

85.0%

Percent bachelor's degree or higher:

12.7%

27.9%

Income Information (55709 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

1,674

41.1%

50.4%

Median income:

$29,237 / yr.

$27,932 / yr.

Full-time, year-round workers:

757

18.6%

59.7%

Median income:

$39,505 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,464

35.9%

49.6%

Median income:

$11,556 / yr.

$16,327 / yr.

Full-time, year-round workers:

368

9.0%

40.3%

Median income:

$21,534 / yr.

$28,135 / yr.

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