Silver Bay, MNPublished Date: November 24, 2024Silver Bay is located in Lake County, Minnesota and has a population of 1,690. The poverty rate in Silver Bay is 8.7% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Silver Bay is 3.9% while the Lake County unemployment rate is 2.8%.
| | Population | |
|---|
| Male | | 47.3% |
| Female | | 52.7% |
| | Median Age (city/county) | |
|---|
| Silver Bay | | 48.7 |
| Lake | | 49.7 |
| | Median Household Income (city/county) | |
|---|
| Silver Bay | | $65,882 |
| Lake | | $73,860 |
| | Median Home Value (city/county) | |
|---|
| Silver Bay | | $130,756 |
| Lake | | $201,326 |
| | Median Rent (city/county) | |
|---|
| Silver Bay | | $941 |
| Lake | | $837 |
| | Poverty Rate (city/county) | |
|---|
| Silver Bay | | 8.7% |
| Lake | | 8.6% |
Races and Ethnicity
▩ White 93%
▩ Black or African American 0%
▩ Asian 0.7%
▩ Native 0%
▩ Pacific 0%
▩ Other 0%
▩ Hispanic 1.7%
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