Beaver Bay is located in Lake County, Minnesota. Beaver Bay has a 2025 population of 514. Beaver Bay is currently declining at a rate of -0.96% annually and its population has decreased by 0% since the most recent census, which recorded a population of 514 in 2020.
The average household income in Beaver Bay is $97,990 with a poverty rate of 2.24%. The median age in Beaver Bay is 61.4 years: 61.9 years for males, and 60.9 years for females.
Data after 2023 is projected based on recent change
The racial composition of Beaver Bay includes 99.44% White, and smaller percentages for Two or more races and multiracial populations.
White (99.4%)
Two or more races (0.6%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 532 | 99.44% |
| Two or more races | 3 | 0.56% |
Married
Widowed
Divorced
Separated
Never Married
Beaver Bay's average per capita income is $53,750. Household income levels show a median of $76,538. The poverty rate stands at 2.24%.
Name | Median | Mean |
|---|---|---|
| Married Families | $103,250 | - |
| Families | $101,719 | $125,980 |
| Households | $76,538 | $97,990 |
| Non Families | $47,321 | $61,270 |
Average Income
Median Household Income
Poverty Rate