Silver Bay city, Minnesota
City
Population: 1,790
(2023 estimate)
Located in
Minnesota , Minnesota
Census Bureau data for Silver Bay city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Silver Bay city
- What is the median household income in Silver Bay city?
-
The median household income in Silver Bay city is $70,870 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Silver Bay city?
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The poverty rate in Silver Bay city is 3.2% (U.S. Census Bureau ACS 2023).
- What is the median home value in Silver Bay city?
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$150,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in Silver Bay city?
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The median gross rent in Silver Bay city is $1,044 per month (U.S. Census Bureau ACS 2023).
- What percentage of Silver Bay city residents have a college degree?
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19.6% of adults in Silver Bay city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Demographics
Total Population
1,790
Median Age
48.0
Female
51.1%
Race & Ethnicity
Hispanic or Latino 3.2%
White (non-Hisp.) 90.1%
Asian 1.3%
Two or More 7.3%
Asian Subgroups (% of total pop.)
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$70,870
±$11,014
-$16,686 vs. state
Per Capita Income
$81,597
Median Family Income
$96,964
Poverty Rate
3.2%
-2.3 pp vs. state
Child Poverty Rate
6.5%
Working-Age Poverty Rate
—
SNAP Recipients
11.6%
Social Security Income
—
Retirement Income
37.3%
Household Income Distribution
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,001
Owner-Occupied
80.8%
Renter-Occupied
19.2%
Vacancy Rate
9.1%
Median Home Value
$150,700
-$154,800 vs. state
Median Gross Rent
$1,044
Owner Cost Burden (30%+)
22.4%
Renter Cost Burden (30%+)
33.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.6%
Bachelor's or Higher
19.6%
-19.2 pp vs. state
Graduate Degree
4.6%
Some College / Associate
29.6%
Less Than High School
0.7%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
53.2%
Unemployment Rate
2.3%
-1.6 pp vs. state
Work from Home
8.4%
Self-Employed
6.2%
Government Workers
32.3%
Private For-Profit
61.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
18.0 min
Drove Alone
83.4%
Carpool
4.7%
Public Transit
0.0%
Work from Home
8.4%
Walked
3.5%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
910
Avg. Household Size
1.00
Avg. Family Size
—
Married-Couple Households
37.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
12.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 18: 19.3%
Working age (18–64): 80.7%
65 and over: 29.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
1.5%
Naturalized Citizen
88.5%
Speaks English Less Than Very Well
0.5%
Veterans & Disability
Veteran
6.7%
With a Disability
12.8%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.8%
Uninsured
3.2%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
86.0%
Has a Computer
92.2%
Same House 1 Year Ago
93.4%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023