Silver Bay, Minnesota Population 2022
Silver Bay is a city located in Lake County Minnesota. Silver Bay has a 2020 population of 1,741. Silver Bay is currently declining at a rate of -0.40% annually and its population has decreased by -7.10% since the most recent census, which recorded a population of 1,874 in 2010.
The average household income in Silver Bay is $65,234 with a poverty rate of 6.07%. The median rental costs in recent years comes to $812 per month, and the median house value is $94,900. The median age in Silver Bay is 51.6 years, 49.9 years for males, and 53.3 years for females.
Silver Bay Demographics
According to the most recent ACS, the racial composition of Silver Baywas:
- White: 95.65%
- Two or more races: 1.93%
- Black or African American: 0.93%
- Other race: 0.75%
- Asian: 0.68%
- Native American: 0.06%
- Native Hawaiian or Pacific Islander: 0.00%
Population by Race
| Race | Population | Percentage |
|---|---|---|
| White | 1,540 | 95.65% |
| Black or African American | 15 | 0.93% |
| American Indian and Alaska Native | 1 | 0.06% |
| Asian | 11 | 0.68% |
| Some Other Race | 12 | 0.75% |
| Two or More Races | 31 | 1.93% |
Silver Bay Population Pyramid 2022
| Type | Count | Average Size | Owned |
|---|---|---|---|
| All | 809 | 1.89 | 87.4 |
| Married | 363 | 2.56 | 95 |
| Male | 20 | 2.55 | 100 |
| Female | 100 | 2.04 | 87 |
| Non Family | 326 | 1.06 | 78.2 |
2.4
Average Family Size
1.89
Average Household Size
| Education Attained | Count | Percentage |
|---|---|---|
| Less Than 9th Grade | 9 | 0.71% |
| 9th to 12th Grade | 45 | 3.54% |
| High School Graduate | 379 | 29.84% |
| Some College | 318 | 25.04% |
| Associates Degree | 184 | 14.49% |
| Bachelors Degree | 257 | 20.24% |
| Graduate Degree | 78 | 6.14% |
Silver Bay Educational Attainment by Race
| Race | Total | High School | Bachelors |
|---|---|---|---|
| Native American | 1 | 1 | 1 |
| Hispanic | 41 | 41 | 28 |
| 2+ Races | 22 | 19 | 9 |
| White | 1,184 | 1,133 | 297 |
| Black | 11 | 11 | |
| Asian | 11 | 11 |
The highest rate of high school graduation is among black people with a rate of 100.00%.
The highest rate of bachelors degrees is among native american people with a rate of 100.00%.
$41,610
Average Earnings
$56,310
Average Male
$35,357
Average Female
Silver Bay Language by Age
Silver Bay Language
97.29% of Silver Bay residents speak only English, while 2.71% speak other languages. The non-English language spoken by the largest group is Other languages, which is spoken by 1.23% of the population.
Silver Bay Poverty by Race
| Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| Black | 15 | 13 | 86.67% |
| White | 1,430 | 80 | 5.59% |
| Other | NaN% |
6.07%
Overall Poverty Rate
7.07%
Male Poverty Rate
5.21%
Female Poverty Rate
Poverty in Silver Bay
The race most likely to be in poverty in Silver Bay is Black, with 86.67% below the poverty level.
The race least likely to be in poverty in Silver Bay is Other, with NaN% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 9.71%, and for those that did not work, the poverty rate was 9.29%.
Silver Bay Marital Status
Marriage Rates
57.4%
Overall Marriage Rate
62.4%
Male Marriage Rate
53.0%
Female Marriage Rate
Silver Bay Married by Age and Sex
Silver Bay Marriage
The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 20-34.
Silver Bay Marital Status by Race
| Name | Veterans | % of Total |
|---|---|---|
| White | 79 | 6.18% |
Silver Bay Veterans by Education
20.25%
Veteran Poverty Rate
46.84%
Veteran Disability Rate
57.5%
Labor Force Participation
55.9%
Employment Rate
2.8%
Unemployment Rate
Origin of Non-Citizens
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Origin of Naturalized Citizens
75.22%
Born in Silver Bay
98.57%
Native Born
1.43%
Foreign Born
0.00%
Non Citizen
1.43%
Naturalized
Place of Birth
98.57% of Silver Bay residents were born in the United States, with 75.22% having been born in Minnesota. 0.00% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
| Year | Population | Growth | Annual Growth Rate |
|---|---|---|---|
| 2010 | 1,874 | 0.00% | |
| 2011 | 1,852 | -22 | -1.17% |
| 2012 | 1,850 | -2 | -0.11% |
| 2013 | 1,825 | -25 | -1.35% |
| 2014 | 1,804 | -21 | -1.15% |
| 2015 | 1,785 | -19 | -1.05% |
| 2016 | 1,772 | -13 | -0.73% |
| 2017 | 1,757 | -15 | -0.85% |
| 2018 | 1,769 | 12 | 0.68% |
| 2019 | 1,762 | -7 | -0.40% |
| 2020 | 1,755 | -7 | -0.40% |
| 2021 | 1,748 | -7 | -0.40% |
| 2022 | 1,741 | -7 | -0.40% |