| Index | Bovey | Minnesota | National |
| Income per capita | $22,841 | $33,225 | $29,829 |
| Median household income | $53,011 | $63,217 | $55,322 |
| Median income owner occupied | $63,333 | $77,618 | $70,586 |
| Median income renter occupied | $24,917 | $34,348 | $35,192 |
| Median earnings male | $39,148 | $40,933 | $36,919 |
| Median earnings female | $23,188 | $29,114 | $26,250 |
| Unemployment rate | 5.6% | 3.4% | 4.7% |
| Poverty level | 12.7% | 10.8% | 15.1% |
| Labour Type | Male | Female |
| Construction industry | 8.2% | 8.2% |
| Manufacturing sector | 37.7% | 37.7% |
| Financial & insurance services | 0.0% | 0.0% |
| Wholesale & retail services | 25.7% | 25.7% |
| Public administration | 0.0% | 0.0% |
| Transportation, warehousing & utilities | 9.8% | 9.8% |
| Education, health & social services | 7.1% | 7.1% |
| Other | 11.5% | 11.5% |
| City | Population | Household Income | National Avg. |
| Cohasset, MN | 2,710 | $67,924 | 22.8% |
| La Prairie, MN | 732 | $63,929 | 15.6% |
| Taconite, MN | 753 | $59,545 | 7.6% |
| Nashwauk, MN | 1,104 | $50,893 | 8.0% |
| Calumet, MN | 341 | $50,625 | 8.5% |
| Bovey, MN | 726 | $53,011 | 4.2% |
| City | Population | Household Income | National Avg. |
| St. Johns CDP, AZ | 726 | $54,000 | 2.4% |
| Salt Creek, CO | 726 | $47,031 | 15.0% |
| Morning Sun, IA | 726 | $59,063 | 6.8% |
| Dieterich, IL | 726 | $61,417 | 11.0% |
| Holland, IN | 726 | $50,250 | 9.2% |
| Bovey, MN | 726 | $53,011 | 4.2% |
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