Bovey, MN — income, home value, property tax, and sales tax.
In ZIP code 56688, near Bovey, households earn a median of $71,250, while per-capita income comes in at $38,833. A median home value of $187,500 pairs with a county property tax rate of 0.86%, so annual property taxes land near $1,613 on that median home. Add a combined sales tax of 7.88% on purchases, and the picture is one of steady earnings offset by housing costs and two ongoing taxes. The gap between median household and per-capita income hints at households with multiple earners. Together these figures sketch what a household here earns, owns, and pays.
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