Bovey, MN — income, home value, property tax, and sales tax.
In ZIP code 55769, near Bovey, homes carry a median value of $148,800, and the county-level property tax rate of 0.86% works out to roughly $1,280 a year on such a home. With median household income at $66,092 and per-capita income at $38,791, that tax bill absorbs a fairly small share of annual earnings. A combined sales tax rate of 7.88% applies to purchases in the area. Home prices here stay well below what the same income could support in many metro markets, so owning a home around Bovey remains within reach for households earning near the median.
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