Silver Bay vs Two Harbors

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

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

Two Harbors has the higher population (3,598 vs 1,790 in Silver Bay). Silver Bay has the higher median household income ($70,870 vs $62,885 in Two Harbors). Two Harbors has the higher median home value ($187,100 vs $150,700 in Silver Bay).

Population, income & housing

	Silver Bay	Two Harbors
Population	1,790	3,598
Median age	48.0 yrs	41.5 yrs
Median household income	$70,870	$62,885
Median home value	$150,700	$187,100
Median gross rent	$1,044	$879
Housing units	1,001	1,749
Homeownership rate	80.8%	71.6%
Bachelor's degree or higher	19.6%	21.5%
Unemployment rate	2.3%	1.0%

Trends (ACS 5-year, 2019–2023)

	Silver Bay	Two Harbors
Population	1,722 → 1,790 (+3.9%)	3,509 → 3,598 (+2.5%)
Median household income	$47,639 → $70,870 (+48.8%)	$55,813 → $62,885 (+12.7%)
Median home value	$95,300 → $150,700 (+58.1%)	$149,900 → $187,100 (+24.8%)
Median gross rent	$777 → $1,044 (+34.4%)	$648 → $879 (+35.6%)

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

Two Harbors

Population

3,5093,598

Median household income

$55,813$62,885

Median home value

$149,900$187,100

Median gross rent

$648$879

Age & race/ethnicity

Age distribution (share)

	Silver Bay	Two Harbors
Under 5	4.6%	5.8%
5 to 17	14.6%	19.9%
18 to 24	5.9%	4.8%
25 to 34	9.2%	13.1%
35 to 44	10.6%	13.4%
45 to 54	10.9%	11.3%
55 to 64	14.7%	12.0%
65 to 74	16.2%	10.8%
75 and over	13.2%	8.9%

Race & ethnicity (share)

	Silver Bay	Two Harbors
White (non-Hispanic)	90.1%	92.9%
Black or African American	0.0%	1.1%
American Indian & Alaska Native	0.0%	0.4%
Asian	1.3%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	5.5%	3.5%
Hispanic or Latino	3.2%	2.1%

Educational attainment (age 25+)

Share of adults 25+

	Silver Bay	Two Harbors
No high school diploma	5.4%	10.8%
High school graduate	31.0%	30.7%
Some college or associate's	44.0%	37.0%
Bachelor's degree	15.0%	15.0%
Graduate or professional degree	4.6%	6.5%

Commute to work

How workers get to work (share)

	Silver Bay	Two Harbors
Drove alone	83.4%	77.5%
Carpooled	4.7%	8.7%
Public transit	0.0%	0.6%
Walked	3.5%	8.3%
Bicycle	0.0%	0.8%
Worked from home	8.4%	4.1%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Silver Bay	Two Harbors
1-unit, detached	89.4%	68.7%
1-unit, attached	0.0%	4.7%
2 to 4 units	0.0%	7.4%
5 to 19 units	6.6%	9.1%
20 or more units	2.7%	9.5%
Mobile home & other	1.3%	0.6%

Poverty & households

	Silver Bay	Two Harbors
Poverty rate	8.9%	12.0%
Average household size	1.87	2.29
Mean commute (minutes)	18	25
Median year structure built	1958	1952