Bovey, MN 55709

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 630 930 $10,917 $1,400
(6.35% of returns)
$1,616
(9.52% of returns)
$0
$25,000 to $50,000 440 780 $27,991 $1,400
(11.36% of returns)
$5,941
(27.27% of returns)
$6,250
$50,000 to $75,000 320 740 $36,518 $2,028
(21.88% of returns)
$15,720
(31.25% of returns)
$5,512
$75,000 to $100,000 220 570 $49,015 $3,500
(22.73% of returns)
$20,066
(27.27% of returns)
$5,950
$100,000 to $200,000 240 640 $70,443 $7,844
(37.5% of returns)
$25,014
(29.17% of returns)
$7,046
Over $200,000 30 80 $158,300 $0
(0% of returns)
$0
(0% of returns)
$9,500
For Zip 1880 3740 $37,622

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0535 0 25890
0.0705 25890 85060
0.0785 85060 160020
0.0985 160020 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0111 19

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06875 0.0058 0.0746 18