Knife River vs Silver Bay

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

Knife River 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 98 in Knife River). Knife River has the higher median household income ($76,106 vs $70,870 in Silver Bay). Since 2019, Knife River's population has grown faster (+326.1% vs +3.9%).

Population, income & housing

	Knife River	Silver Bay
Population	98	1,790
Median age	87.8 yrs	48.0 yrs
Median household income	$76,106	$70,870
Median home value	—	$150,700
Median gross rent	—	$1,044
Housing units	156	1,001
Homeownership rate	100.0%	80.8%
Bachelor's degree or higher	38.8%	19.6%
Unemployment rate	100.0%	2.3%

Trends (ACS 5-year, 2019–2023)

	Knife River	Silver Bay
Population	23 → 98 (+326.1%)	1,722 → 1,790 (+3.9%)
Median household income	$68,615 → $76,106 (+10.9%)	$47,639 → $70,870 (+48.8%)
Median home value	$587,800 → $650,000 (+10.6%)	$95,300 → $150,700 (+58.1%)
Median gross rent	—	$777 → $1,044 (+34.4%)

Knife River

Population

2398

Median household income

$68,615$76,106

Median home value

$587,800$650,000

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)

	Knife River	Silver Bay
Under 5	0.0%	4.6%
5 to 17	0.0%	14.6%
18 to 24	0.0%	5.9%
25 to 34	0.0%	9.2%
35 to 44	0.0%	10.6%
45 to 54	0.0%	10.9%
55 to 64	4.1%	14.7%
65 to 74	7.1%	16.2%
75 and over	88.8%	13.2%

Race & ethnicity (share)

	Knife River	Silver Bay
White (non-Hispanic)	100.0%	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	0.0%	5.5%
Hispanic or Latino	0.0%	3.2%

Educational attainment (age 25+)

Share of adults 25+

	Knife River	Silver Bay
No high school diploma	0.0%	5.4%
High school graduate	43.9%	31.0%
Some college or associate's	17.3%	44.0%
Bachelor's degree	11.2%	15.0%
Graduate or professional degree	27.6%	4.6%

Commute to work

How workers get to work (share)

	Knife River	Silver Bay
Drove alone	—	83.4%
Carpooled	—	4.7%
Public transit	—	0.0%
Walked	—	3.5%
Bicycle	—	0.0%
Worked from home	—	8.4%
Other means	—	0.0%

Housing

Units in structure (share)

	Knife River	Silver Bay
1-unit, detached	100.0%	89.4%
1-unit, attached	0.0%	0.0%
2 to 4 units	0.0%	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

	Knife River	Silver Bay
Poverty rate	11.2%	8.9%
Average household size	1.61	1.87
Mean commute (minutes)	—	18
Median year structure built	1992	1958