Beaver Bay vs Silver Bay

A side-by-side comparison of Beaver Bay and Silver Bay: population, income, housing, and more.

Beaver Bay and Silver Bay are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Silver Bay has the higher population (1,790 vs 90 in Beaver Bay). Silver Bay has the higher median household income ($70,870 vs $48,333 in Beaver Bay). Beaver Bay has the higher median home value ($215,600 vs $150,700 in Silver Bay).

Population, income & housing

	Beaver Bay	Silver Bay
Population	90	1,790
Median age	58.8 yrs	48.0 yrs
Median household income	$48,333	$70,870
Median home value	$215,600	$150,700
Median gross rent	—	$1,044
Housing units	73	1,001
Homeownership rate	85.4%	80.8%
Bachelor's degree or higher	26.9%	19.6%
Unemployment rate	0.0%	2.3%

Trends (ACS 5-year, 2019–2023)

	Beaver Bay	Silver Bay
Population	98 → 90 (-8.2%)	1,722 → 1,790 (+3.9%)
Median household income	$67,083 → $48,333 (-28.0%)	$47,639 → $70,870 (+48.8%)
Median home value	$237,500 → $215,600 (-9.2%)	$95,300 → $150,700 (+58.1%)
Median gross rent	—	$777 → $1,044 (+34.4%)

Beaver Bay

Population

9890

Median household income

$67,083$48,333

Median home value

$237,500$215,600

Silver Bay

Population

1,7221,790

Median household income

$47,639$70,870

Median home value

$95,300$150,700

Median gross rent

$777$1,044

Age & race/ethnicity

Age distribution (share)

	Beaver Bay	Silver Bay
Under 5	2.2%	4.6%
5 to 17	11.1%	14.6%
18 to 24	0.0%	5.9%
25 to 34	13.3%	9.2%
35 to 44	5.6%	10.6%
45 to 54	12.2%	10.9%
55 to 64	21.1%	14.7%
65 to 74	12.2%	16.2%
75 and over	22.2%	13.2%

Race & ethnicity (share)

	Beaver Bay	Silver Bay
White (non-Hispanic)	92.2%	90.1%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	1.3%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	7.8%	5.5%
Hispanic or Latino	0.0%	3.2%

Educational attainment (age 25+)

Share of adults 25+

	Beaver Bay	Silver Bay
No high school diploma	10.3%	5.4%
High school graduate	29.5%	31.0%
Some college or associate's	33.3%	44.0%
Bachelor's degree	15.4%	15.0%
Graduate or professional degree	11.5%	4.6%

Commute to work

How workers get to work (share)

	Beaver Bay	Silver Bay
Drove alone	66.7%	83.4%
Carpooled	15.4%	4.7%
Public transit	0.0%	0.0%
Walked	7.7%	3.5%
Bicycle	0.0%	0.0%
Worked from home	10.3%	8.4%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Beaver Bay	Silver Bay
1-unit, detached	95.9%	89.4%
1-unit, attached	1.4%	0.0%
2 to 4 units	2.7%	0.0%
5 to 19 units	0.0%	6.6%
20 or more units	0.0%	2.7%
Mobile home & other	0.0%	1.3%

Poverty & households

	Beaver Bay	Silver Bay
Poverty rate	20.0%	8.9%
Average household size	1.88	1.87
Mean commute (minutes)	22	18
Median year structure built	1966	1958