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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

Change Over Time (2013–2023)

Population Change
-30.5%
174 → 121
over 10 years
Annual Pop. Growth
-3.57%
Compound annual growth rate
Median Income Change
+51.6%
$31,875 → $48,333
nominal, not inflation-adjusted
Annual Income Growth
+4.25%
Compound annual growth rate

Population Over Time

Total population for Beaver Bay across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
94
-27 from 2023 (121)
Projected Median Income 2030
$64,681
+$16,348 from 2023 ($48,333)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 174 $31,875
2015 170 -2.3% $42,000 +31.8%
2017 168 -1.2% $46,667 +11.1%
2019 170 +1.2% $67,083 +43.7%
2021 122 -28.2% $63,000 -6.1%
2023 121 -0.8% $48,333 -23.3%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.