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Beaver Bay, MN
Full City Profile · Minnesota · Lake County County
Beaver Bay, MN
At a Glance
How Beaver Bay Compares to the U.S. Average
Each bar shows Beaver Bay's value as a percentage of the national average (100% = U.S. avg)
Is Beaver Bay a Good Place to Live?
Economy & Jobs
Beaver Bay residents earn a median household income of $48,333 , which is 36% below the national average of $75,149. Per capita income is $32,324. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 8.0% of residents live below the poverty line. The area is home to 378 business establishments, including 71 restaurants.
Housing & Cost of Living
The median home value in Beaver Bay is $215,600 , 24% below the national median of $281,900. Zillow estimates the typical home at $162,839. The cost of living index is 98.6 (100 = national average). The median home was built in 1964.
Safety & Crime
Beaver Bay reports 108 violent crimes per 100,000 residents , which is 72% below the national average of 380/100K. Property crime is 271/100K.
Education
26.9% of adults in Beaver Bay hold a bachelor's degree or higher (20% below the national average). 89.7% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Beaver Bay has an average annual temperature of 39°F (4°C). Winters average 10°F in January while summers reach 65°F in July. The area gets 249 sunny days per year. Annual precipitation totals 32.5 inches. Air quality is rated Good with a median AQI of 36.