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Boyd, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
172
Population
$54,375
Median Income
$27,500
Home Value
37.1
Median Age

Demographics

Boyd has a population of 172 with a median age of 37.1. Here is the racial and ethnic breakdown of the population:

White
78.5%
Hispanic
25.6%
Demographic Value
Total Population172
Median Age37.1
White78.5%
Hispanic or Latino25.6%
Boyd, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 104.White: 75.4%Hispanic/Latino: 24.6%172PopulationWhiteWhite75.4%Hispanic/LatinoHispanic/Latino24.6%

Income & Economy

The median household income in Boyd is $54,375, which is 32.5% below the national median of $80,610. The per capita income is $31,880. The poverty rate is 27.9%.

$54,375
Median Household Income
$31,880
Per Capita Income
27.9%
Poverty Rate

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Education

In Boyd, 72.2% of residents age 25+ have a high school diploma or higher, and 19.1% hold a bachelor's degree or higher.

HS Diploma+
72.2%
Bachelor's+
19.1%
Education Level % of Adults (25+)
High School Diploma or Higher72.2%
Bachelor's Degree or Higher19.1%

Housing

The median home value in Boyd is $27,500, below the national median of $303,400. The median monthly rent is $535. The homeownership rate is 91.8%.

$27,500
Median Home Value
$535/mo
Median Rent
91.8%
Homeownership Rate
Housing Metric Value
Median Home Value$27,500
Median Monthly Rent$535
Homeownership Rate91.8%
Vacancy Rate26.1%

Salaries in Minnesota

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Other Cities in Minnesota

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Frequently Asked Questions

What is the population of Boyd, Minnesota?
The population of Boyd, Minnesota is 172 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Boyd, Minnesota?
The median household income in Boyd, Minnesota is $54,375. This is 32.5% below the national median of $80,610.
What is the median home value in Boyd, Minnesota?
The median home value in Boyd, Minnesota is $27,500. The median monthly rent is $535.
What percentage of people in Boyd have a college degree?
In Boyd, Minnesota, 19.1% of adults age 25 and older hold a bachelor's degree or higher, and 72.2% have a high school diploma or higher.
Is Boyd, Minnesota an affordable place to live?
The home price-to-income ratio in Boyd, Minnesota is 0.5x (median home value $27,500 vs. median income $54,375), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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