Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.2 yrs |
|---|---|
| Avg HH Size | 2.17 |
| Below Poverty | 14.9% ▲ 49% above avg |
| College Grads | 43.3% ▲ 12% above avg |
| Unemployment | 2.6% ▼ 46% below avg |
| No HS Diploma | 2 (0.6%) |
| HS Graduate | 114 (35.3%) |
| Some College | 29 (9%) |
| Associates | 38 (11.8%) |
| Bachelors | 47 (14.6%) |
| Graduate Degree | 93 (28.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,563 ≈ Avg |
|---|---|
| Median Home Value | $103,600 ▼ 63% below avg |
| Home/Income Ratio | 1.3x (nat avg ~3.5x) |
| Median Rent | $675/mo |
| Total Housing Units | 258 |
| Vacant Units | 45 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Boyd is a city in Minnesota, located in Lac qui Parle County. The city spans 1 ZIP code and is home to approximately 463 residents. It is a mature city, with a median age of 54.2 years.
Economically, Boyd is a middle-income community. The median household income of $81,563 is near the national average. Approximately 14.9% of residents live below the poverty line. The unemployment rate is 2.6%, below the national average.
The real estate market in Boyd is one of the more affordable housing markets in the country. Median home values stand at $103,600, which is well below the national average. Renters typically pay around $675 per month. Homeownership is high at 96.7%, typical of suburban and family-oriented communities.
The population of Boyd is well-educated. 43.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (87.47%).
Boyd, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56218 | 463 | $81,563 | $103,600 | $675 | 2.6% | 43.3% | 96.7% |