Beaver Bay, MN
Full City Profile · Minnesota · Lake County County
3.0
/5.0
B
Good
90
Population
113/sq mi density
$48,333
Median Income
$32,324 per capita
$215,600
Home Value
$162,839 Zillow
39°F
Avg Temperature
249 sunny days/yr
108
Violent Crime/100K
271 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$48,333 median income, 0.0% unemployment
A
Affordability
4.2 / 5.0
$215,600 home value, /mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
B
Education
3.2 / 5.0
26.9% bachelor's degree or higher
Housing Overview
Median Home Value
$215,600
24% below
US avg: $281,900
Homeownership Rate
85.4%
31% above US avg (65.4%)
Total Housing Units
70
Median year built: 1964
Home Value by Source
Census Median
$215,600
Zillow (ZHVI)
$162,839
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.4%
Owner-Occupied
14.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Affordability & Housing Stock
Rent Burden
22.0%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
85.4%
Complete Housing Data
Home Values
| Census Median Value | $215,600 |
| Zillow Home Value (ZHVI) | $162,839 |
Rent
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 85.4% |
| Renter-Occupied | 14.6% |
| Homeownership Rate | 85.4% |
| Total Housing Units | 70 |
| Median Year Built | 1964 |
| Rent Burden | 22.0% |
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