55709 ZIP Code – Bovey, Minnesota
55709 is a ZIP code serving Bovey, Minnesota in Itasca County with a population of approximately 4,414 residents. The median household income is $68,860 — near the Minnesota average and near the national average. At $191,600, median home values run below the national average, with 87.8% owner-occupied housing (decreasing). , with median rent coming in at $942 — near the national figure. Housing consists of 87% single-family (increasing).
The unemployment rate is 5.2%, near the national average. An estimated 11.1% of the population falls below the poverty line, below the national figure. 20.1% of adults hold a bachelor's degree or higher, below the U.S. average. At 47.8, the median age is near the national figure. The surrounding area includes ZIP codes 55786, 55764, 55716.
ZIP Code 55709 Data
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ZIP 55709 vs. Minnesota vs. U.S.
| Metric | ZIP 55709 | MN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 4,414 | 6,531 | 10k |
| Median Household Income | $68k | $77k | $73k |
| Median Home Value | $191k | $223k | $258k |
| Median Rent | $942 | $954 | $1,088 |
| Median Age | 47.8 | 43.2 | 43.2 |
| Unemployment Rate | 5.2% | 4.0% | 5.0% |
| Poverty Rate | 11.1% | 9.9% | 13.3% |
| Bachelor's Degree or Higher | 20.1% | 26.4% | 26.9% |
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Nearby ZIP Codes
- 55786 – Taconite
- 55764 – Marble
- 55716 – Calumet
- 55722 – Coleraine
- 55769 – Nashwauk
- 55775 – Pengilly
- 55744 – Grand Rapids
- 55753 – Keewatin
- 56657 – Marcell
- 55721 – Cohasset
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 55786 | TACONITE | 183 | $56,250 |
| 55764 | MARBLE | 545 | $52,885 |
| 55716 | CALUMET | 266 | $31,000 |
| 55722 | COLERAINE | 947 | $54,327 |
| 55769 | NASHWAUK | 2,378 | $64,264 |