State
County
Land Area (mi²)
7.6 sq mi
Density (mi²)
229.10/sq mi
2020 Growth Rate
-0.40%
Growth Since 2010
-7.37%
Rank in State
Rank in Country
World Population Review
Silver Bay, Minnesota Population 2021
1,748
Silver Bay is a city located in Lake County Minnesota. With a 2020 population of 1,748, it is the 278th largest city in Minnesota and the 8129th largest city in the United States . Silver Bay is currently declining at a rate of -0.40% annually and its population has decreased by -7.37% since the most recent census, which recorded a population of 1,887 in 2010. Silver Bay reached it's highest population of 1,874 in 2010. Spanning over 8 miles, Silver Bay has a population density of 229 people per square mile.
The average household income in Silver Bay is $65,234 with a poverty rate of 5.11%. The median rental costs in recent years comes to $777 per month, and the median house value is $95,300. 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 Bay was:
- White: 95.93%
- Two or more races: 2.44%
- Asian: 0.58%
- Black or African American: 0.52%
- Other race: 0.46%
- Native American: 0.06%
- Native Hawaiian or Pacific Islander: 0.00%
The current population of Silver Bay, Minnesota is 1,748 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 1,769.The last official US Census in 2010 recorded the population at 1,887.
Silver Bay, Minnesota Population 2021
| Race | Population | Percentage |
|---|---|---|
| White | 1,652 | 95.93% |
| Two or More Races | 42 | 2.44% |
| Asian | 10 | 0.58% |
| Black or African American | 9 | 0.52% |
| Some Other Race | 8 | 0.46% |
| American Indian and Alaska Native | 1 | 0.06% |
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Silver Bay Population by Race
Silver Bay Population Pyramid $2021
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Silver Bay Population by Age
Silver Bay Households and Families
| Type | Count | Average Size | Owned |
|---|---|---|---|
| All | 850 | 1.94 | 84.6 |
| Married | 406 | 2.55 | 96.1 |
| Non Family | 353 | 1.06 | 72.8 |
| Female | 51 | 2.69 | 62.7 |
| Male | 40 | 2.53 | 100 |
2.49
Average Family Size
1.94
Average Household Size
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Silver Bay Households by Type
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| Education Attained | Count | Percentage |
|---|---|---|
| Less Than 9th Grade | 15 | 1.13% |
| 9th to 12th Grade | 61 | 4.59% |
| High School Graduate | 434 | 32.63% |
| Some College | 334 | 25.11% |
| Associates Degree | 121 | 9.10% |
| Bachelors Degree | 292 | 21.95% |
| Graduate Degree | 73 | 5.49% |
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Silver Bay Educational Attainment by Sex (over 25)
Silver Bay Educational Attainment by Race
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| Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 1,248 | 1,176 | 329 |
| 2+ Races | 37 | 33 | 20 |
| Hispanic | 29 | 29 | 15 |
| Asian | 10 | 10 | |
| Black | 5 | 5 | |
| Native American | 1 | 1 | 1 |
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%.
Silver Bay Educational Attainment by Race
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$38,456
Average Earnings
$49,539
Average Male
$30,143
Average Female
Silver Bay Earnings by Educational Attainment
Silver Bay Language by Age
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Silver Bay Language
96.00% of Silver Bay residents speak only English, while 4.00% speak other languages. The non-English language spoken by the largest group is Other languages, which is spoken by 1.97% of the population.
Silver Bay Language
Silver Bay Poverty by Race
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| Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 1,553 | 77 | 4.96% |
| Black | 9 | 7 | 77.78% |
5.11%
Overall Poverty Rate
6.96%
Male Poverty Rate
3.34%
Female Poverty Rate
Poverty in Silver Bay
The race most likely to be in poverty in Silver Bay is Black, with 77.78% below the poverty level.
The race least likely to be in poverty in Silver Bay is White, with 4.96% 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 6.34%, and for those that did not work, the poverty rate was 11.24%.
Silver Bay Poverty
Silver Bay Poverty Rate by Education
Silver Bay Marital Status
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Marriage Rates
58.1%
Overall Marriage Rate
59.4%
Male Marriage Rate
56.9%
Female Marriage Rate
Silver Bay Married by Age and Sex
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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
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Silver Bay Marital Status
Silver Bay Veterans by War
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| Name | Veterans | % of Total |
|---|---|---|
| White | 95 | 6.93% |
Silver Bay Veterans by Race
Silver Bay Veterans by Education
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15.79%
Veteran Poverty Rate
42.11%
Veteran Disability Rate
Silver Bay Veterans by Education
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56%
Labor Force Participation
52.7%
Employment Rate
6%
Unemployment Rate
Silver Bay Employment by Age
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Silver Bay Employment by Race
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Silver Bay Employment by Education
Origin of Non-Citizens
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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Origin of Naturalized Citizens
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98.78%
Native Born
1.22%
Foreign Born
0.00%
Non Citizen
1.22%
Naturalized
Place of Birth
98.78% of Silver Bay residents were born in the United States, with 74.68% 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.
Silver Bay Place of Birth
| Year | Population | Growth | Annual Growth Rate |
|---|---|---|---|
| 2021 | 1,748 | -7 | -0.40% |
| 2020 | 1,755 | -7 | -0.40% |
| 2019 | 1,762 | -7 | -0.40% |
| 2018 | 1,769 | 12 | 0.68% |
| 2017 | 1,757 | -15 | -0.85% |
| 2016 | 1,772 | -13 | -0.73% |
| 2015 | 1,785 | -19 | -1.05% |
| 2014 | 1,804 | -21 | -1.15% |
| 2013 | 1,825 | -25 | -1.35% |
| 2012 | 1,850 | -2 | -0.11% |
| 2011 | 1,852 | -22 | -1.17% |
| 2010 | 1,874 | 0.00% |