Beaver Bay

Population: 90
Median household income: $48,333
Median home value: $215,600

Located in Lake County, Minnesota, Beaver Bay is a community with a population of 90. Its median household income of $48,333 runs below the Lake County figure of $75,621.

Between 2019 and 2023, Beaver Bay's population declined 8.2% from 98 to 90, while its median home value fell 9.2% from $237,500 to $215,600.

Households average 1.88 people. 26.9% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 90
Median age: 58.8 yrs
Median household income: $48,333
Median home value: $215,600
Median gross rent: —
Housing units: 73
Homeownership rate: 85.4%
Bachelor's degree or higher: 26.9%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

9890

Median household income

$67,083$48,333

Median home value

$237,500$215,600

Year	Population	Median household income	Median home value
2019	98	$67,083	$237,500
2020	64	$65,313	$175,000
2021	73	$63,000	$190,900
2022	81	$68,333	$218,800
2023	90	$48,333	$215,600

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.2%

5 to 1711.1%

18 to 240.0%

25 to 3413.3%

35 to 445.6%

45 to 5412.2%

55 to 6421.1%

65 to 7412.2%

75 and over22.2%

	Count	Share
Under 5	2	2.2%
5 to 17	10	11.1%
18 to 24	0	0.0%
25 to 34	12	13.3%
35 to 44	5	5.6%
45 to 54	11	12.2%
55 to 64	19	21.1%
65 to 74	11	12.2%
75 and over	20	22.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	83	92.2%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	7	7.8%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma10.3%

High school graduate29.5%

Some college or associate's33.3%

Bachelor's degree15.4%

Graduate or professional degree11.5%

	Count	Share
No high school diploma	8	10.3%
High school graduate	23	29.5%
Some college or associate's	26	33.3%
Bachelor's degree	12	15.4%
Graduate or professional degree	9	11.5%

Commute to work

Mean travel time to work: 22 min

Drove alone66.7%

Carpooled15.4%

Public transit0.0%

Walked7.7%

Bicycle0.0%

Worked from home10.3%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	26	66.7%
Carpooled	6	15.4%
Public transit	0	0.0%
Walked	3	7.7%
Bicycle	0	0.0%
Worked from home	4	10.3%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	30	85.7%
15 to 29 min	0	0.0%
30 to 44 min	1	2.9%
45 to 59 min	0	0.0%
60+ min	4	11.4%

Households

Average household size: 1.88
Poverty rate: 20.0% (18 of 90)

	Count	Share
Family households	25	52.1%
Nonfamily households	23	47.9%

Housing

Median year structure built: 1966

Occupancy

	Count	Share
Occupied	48	65.8%
Vacant	25	34.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	41	85.4%
Renter-occupied	7	14.6%

1-unit, detached95.9%

1-unit, attached1.4%

2 to 4 units2.7%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	70	95.9%
1-unit, attached	1	1.4%
2 to 4 units	2	2.7%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2704456
Type (LSAD): 25
Land area: 0.8 sq mi
Water area: 0 sq mi
Center point: 47.2562, -91.3062