| ZIP Code | 55709 |
|---|---|
| City | Bovey |
| State | Minnesota (MN) |
| County | Itasca County |
| Area Code | 218 |
| Elevation | 1,304 ft |
| Latitude | 47.402584 |
|---|---|
| Longitude | -93.372855 |
| Timezone | Chicago (DST) |
| FIPS | 27061 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.8 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.54 |
| Below Poverty | 11.0% ▲ 10% above avg |
| College Grads | 37.9% ≈ Avg |
| Unemployment | 5.2% ≈ Avg |
| No HS Diploma | 5 (0.2%) |
| HS Graduate | 900 (30.8%) |
| Some College | 429 (14.7%) |
| Associates | 480 (16.4%) |
| Bachelors | 511 (17.5%) |
| Graduate Degree | 598 (20.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,163 ≈ Avg ↑ 14% since 2019 |
|---|---|
| Median Home Value | $206,300 ▼ 26% below avg ↑ 26% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $925/mo ↑ 19% since 2019 |
| Total Units | 2,479 |
| Vacant Units | 805 |
| Avg HH Size | 2.54 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,479 |
|---|---|
| Vacant | 805 |
| Owner Occupied | 90.0% |
| Renter Occupied | 10.0% |
| Avg HH Size | 2.54 |
ZIP code 55709 is located in Bovey, Minnesota, within Itasca County. With a population of 4,314, this is a lightly populated ZIP code with a mature community — the median age is 47.8 years. Economically, 55709 is a solidly middle-class ZIP code: the median household income of $71,163 is near the national average.
Real estate in ZIP code 55709 represents an affordable housing market. The median home value of $206,300 is below the national average. Renters can expect to pay around $925 per month in median rent. Homeownership is strong here — 90.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 26% since 2019.
The population of 55709 is primarily White (92.21%). Residents are moderately educated — 37.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 11.0%. Household income has grown by 14% since 2019.
The unemployment rate in 55709 stands at 5.2%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 55709 in Bovey, MN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 4,314 residents, a median household income of $71,163, and a median home value of $206,300, it offers a clear picture of life in this part of Minnesota.