In 2023, Silver Bay, MN had a population of 1.79k people with a median age of 48 and a median household income of $70,870. Between 2022 and 2023 the population of Silver Bay, MN grew from 1,690 to 1,790, a 5.92% increase and its median household income grew from $65,882 to $70,870, a 7.57% increase.
The 5 largest ethnic groups in Silver Bay, MN are White (Non-Hispanic) (90.1%), Two+ (Non-Hispanic) (5.47%), Two+ (Hispanic) (1.84%), White (Hispanic) (1.34%), and Asian (Non-Hispanic) (1.28%).
None of the households in Silver Bay, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.8% of the residents in Silver Bay, MN are U.S. citizens.
In 2023, the median property value in Silver Bay, MN was $150,700, and the homeownership rate was 80.8%.
Most people in Silver Bay, MN drove alone to work, and the average commute time was 18 minutes. The average car ownership in Silver Bay, MN was 2 cars per household.
