Silver Bay, MN
Full City Profile · Minnesota · Lake County County
3.2
/5.0
B
Good
1,790
Population
235/sq mi density
$70,870
Median Income
$42,557 per capita
$150,700
Home Value
$167,959 Zillow
$1,044
Median Rent
18.8% income on rent
39°F
Avg Temperature
167
Violent Crime/100K
167 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$70,870 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$150,700 home value, $1,044/mo rent
F
Safety
1.0 / 5.0
167 violent crimes/100K
C+
Education
2.6 / 5.0
19.6% bachelor's degree or higher
Population Overview
Total Population
1,790
Census 2023
Population Density
235
per square mile
Land Area
7.6
square miles (19.8 km²)
Median Age
48.0 yrs
23% above US avg (38.9 yrs)
Gender Distribution
48.9%
Male
51.1%
Female
Race & Ethnicity
| White | 91.4% US: 61.6% |
| Black | 0% US: 12.4% |
| Hispanic | 3.2% US: 18.7% |
| Asian | 1.3% US: 5.9% |
| Other | 4.1% |
City vs. U.S. Average
White
91.4%
Black
0%
Hispanic
3.2%
Asian
1.3%
Thin line = U.S. average
Language Spoken at Home
| English Only | 97.8% US: 78.5% |
| Spanish | 2.3% US: 13.4% |
City vs. U.S. Average
English Only
97.8%
Spanish
2.3%
Thin line = U.S. average
Social Characteristics
Foreign Born
1.5%
Veterans
6.7%
12% above US avg (6%)
Disability
12.8%
2% below US avg (13%)
Health Insurance Coverage
96.8%
6% above US avg (91.4%)
Uninsured
3.2%
63% below US avg (8.6%)
Income Inequality (Gini)
0.397
US avg: 0.490 (0 = perfect equality, 1 = max inequality)
Complete Demographics Data
Population
| Total Population | 1,790 |
| Population Year | 2023 |
| Population Density | 235 / sq mi |
| Land Area | 7.6 sq mi |
| Median Age | 48.0 years |
Gender
| Male | 48.9% |
| Female | 51.1% |
Race & Ethnicity
| White | 91.4% |
| Black or African American | 0.0% |
| Hispanic or Latino | 3.2% |
| Asian | 1.3% |
Language
| English Only | 97.8% |
| Spanish | 2.3% |
Social Indicators
| Foreign Born | 1.5% |
| Veterans | 6.7% |
| Disability | 12.8% |
| Health Insurance | 96.8% |
| Uninsured | 3.2% |
| Broadband Access | 86.0% |
| Gini Coefficient | 0.397 |
Classification
| USDA Rural-Urban Code | 8, Nonmetro / Rural, adjacent |