Bovey, MN — income, home value, property tax, and sales tax.
Homes around Bovey, in ZIP code 55753, carry a median value of $86,800, and the county's 0.86% effective property tax rate works out to roughly $750 a year on a home at that price. With median household income at $53,643 and per-capita income at $25,633, that tax bill takes up a comparatively thin slice of annual earnings, which keeps ownership within reach for many working households. Sales taxes in the area combine to 7.88%, a cost that shows up on everyday purchases rather than on the home itself.
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