Silver Bay, Minnesota Population 2020

1,754

Silver Bay is a city located in Minnesota. With a 2020 population of 1,754, it is the 275th largest city in Minnesota and the 8117th largest city in the United States. Silver Bay is currently declining at a rate of -0.62% annually and its population has decreased by -7.05% since the most recent census, which recorded a population of 1,887 in 2010. Silver Bay reached it's highest population of 1,875 in 2010. Spanning over 8 miles, Silver Bay has a population density of 230 people per square mile.

The average household income in Silver Bay is $65,705 with a poverty rate of 6.89%. The median rental costs in recent years comes to $716 per month, and the median house value is $94,600. The median age in Silver Bay is 52 years, 49.7 years for males, and 54.4 years for females. For every 100 females there are 96.2 males.

Silver Bay Demographics

According to the most recent ACS, the racial composition of Silver Bay was:

  • White: 94.11%
  • Two or more races: 3.72%
  • Other race: 1.54%
  • Black or African American: 0.57%
  • Native American: 0.06%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Silver Bay, Minnesota is 1,754, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 1,776.The last official US Census in 2010 recorded the population at 1,887.

Silver Bay, Minnesota Population 2020

Population by Race

Race Population Percentage
White1,64594.11%
Two or More Races653.72%
Some Other Race271.54%
Black or African American100.57%
American Indian and Alaska Native10.06%

Silver Bay Population Pyramid 2020

Silver Bay Median Age

52


Total

49.7


Male

54.4


Female

Silver Bay Adults

There are 1,445 adults, (430 of whom are seniors) in Silver Bay.

Silver Bay Age Dependency

72.2

Age Dependency Ratio

42.4

Old Age Dependency Ratio

29.9

Child Dependency Ratio

Silver Bay Sex Ratio

Female

891

50.97%

Male

857

49.03%

Silver Bay Households and Families

Silver Bay Renter vs Owner Occupied by Household Type

Silver Bay Household Types

Type Owner Renter
Male100%0%
Married96%4%
All85.9%14.1%
Non Family72.2%27.8%
Female62.1%37.9%

85.9%

Rate of Home Ownership

Type Count Average Size Owned
All8421.9885.9
Married4522.3996
Non Family2841.0372.2
Female583.2462.1
Male482.31100

2.39

Average Family Size

1.98

Average Household Size

4.3%

Unmarried (Opposite Sex)

0.8%

Unmarried (Same Sex)

Silver Bay Education

Education Attained Count Percentage
Less Than 9th Grade151.10%
9th to 12th Grade382.78%
High School Graduate51037.36%
Some College27920.44%
Associates Degree1228.94%
Bachelors Degree32623.88%
Graduate Degree755.49%

Silver Bay Educational Attainment by Race

Name Total High School Bachelors
White1,2581,205333
Multiple Races606047
Hispanic404020
Other Race202020
Black66
Native American111

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%.

Name Average Male Female
Overall$35,795$46,979$30,872
Less Than High School$22,813$23,750$
High School Grad$29,063$31,912$26,118
Some College$31,767$43,250$27,188
Bachelors Degree$56,364$57,019$55,938
Graduate Degree$$$58,250

$35,795

Average Earnings

$46,979

Average Male

$30,872

Average Female

Silver Bay Language

Silver Bay Language by Age

Silver Bay Language

95.50% of Silver Bay residents speak only English, while 4.50% speak other languages. The non-English language spoken by the largest group is Other languages, which is spoken by 3.59% of the population.

Silver Bay Poverty

Silver Bay Poverty by Race

Name Total In Poverty Poverty Rate
White1,5451076.93%
Black10880.00%

6.89%

Overall Poverty Rate

7.81%

Male Poverty Rate

5.95%

Female Poverty Rate

Poverty in Silver Bay

The race most likely to be in poverty in Silver Bay is Black, with 80.00% below the poverty level.

The race least likely to be in poverty in Silver Bay is White, with 6.93% 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 12.62%, and for those that did not work, the poverty rate was 10.58%.

Name Poverty
Some College11.47%
Less Than High School9.30%
High School6.89%
Bachelors or Greater0.00%
Name Poverty
Male Unemployed19.23%
Female Employed6.19%
Female Unemployed0.00%
Male Employed0.00%

Silver Bay Income

Silver Bay Income by Household Type

Name Median Mean
Households$47,632$65,705
Families$56,667$78,103
Married Families$67,500-
Non Families$27,308$36,612

Silver Bay Marital Status

Silver Bay Marital Status

Marriage Rates

60.3%

Overall Marriage Rate

61.9%

Male Marriage Rate

58.8%

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 55-64.

Silver Bay Marital Status by Race

Silver Bay Veterans

92

Number of Veterans

92

Male Veterans

Female Veterans

War Veterans
Vietnam50
Korea20
First Gulf War10
World War II4
Second Gulf War
Age Group Veterans
65 to 7432
75+28
55 to 6422
35 to 5410
18 to 34

$Silver Bay Veterans by Education

15.22%

Veteran Poverty Rate

42.39%

Veteran Disability Rate

Silver Bay Employment Status

57.2%

Labor Force Participation

53.5%

Employment Rate

6.4%

Unemployment Rate

Silver Bay Place of Birth

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

75.00%

Born in Minnesota

98.23%

Native Born

1.77%

Foreign Born

0.00%

Non Citizen

Place of Birth

98.23% of Silver Bay residents were born in the United States, with 75.00% 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 Latin America.

Year Population Growth Annual Growth Rate
20201,754-11-0.62%
20191,765-11-0.62%
20181,776150.85%
20171,761-11-0.62%
20161,772-14-0.78%
20151,786-18-1.00%
20141,804-22-1.20%
20131,826-24-1.30%
20121,850-3-0.16%
20111,853-22-1.17%
20101,8750.00%