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The total population of Bovey is estimated to be 791 with 399 males (50.44%) and 392 females (49.56%). There are 7 less females than males in Bovey.
The median household income in Bovey was $60,651 in 2021, which marked an an increase of 582(0.97%) from $60,069 in 2020. This income is 81.30% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Bovey sees its highest median household income among householders in the age group of 25 to 44 years old, at $61,477. Overall, the median household income for the city of Bovey stands at $60,651.
In Bovey, the median income for all workers aged 15 years and older, regardless of work hours, was $37,495 for males and $26,516 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,239 for males and $36,481 for females.
In Bovey, population is primarily represented by White households, reporting a median income of $59,751.
In 2022, the population of Bovey was 813, a 0.37% decrease year-by-year from 2021. Previously, in 2021, Bovey's population was 816, a decline of 0.97% compared to a population of 824 in 2020.
The median age in Bovey, MN is 27.5, as per 2021 ACS 5-Year Estimates. Of the total population, 23.55% were under the age of 15, 31.84% aged 15 to 29, 37.11% aged 30 to 64, 6.45% aged 65 to 84, and 1.05% were 85 years of age and older.
Racial distribution of Bovey population: 78.42% are White, 1.18% are Black or African American, 3.55% are American Indian and Alaska Native, 2.37% are some other race and 14.47% are multiracial.