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Silver Bay, MN Income and Careers

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As of 2006-2010, the per capita income of Silver Bay is $28,511, which is about the same as the state average of $29,582 and is about the same as the national average of $27,334. Silver Bay median household income is $42,857, which has grown by 17.34% since 2000. The median household income growth rate is about the same as the state average rate of 17.72% and is lower than the national average rate of 19.17%. On average Silver Bay residents spend 13.9 minutes per day commuting to work, which is lower than the state average of 22.1 minutes and is lower than the national average of 25.3 minutes.

Topics:Per Capita Income Median Workers Income Household Income Family Income Median Income by Age Employment Status Commuting to Work Careers Poverty Level

Per Capita Income, #160

Silver Bay, MN	28,511 USD
Minnesota	29,582 USD
U.S.	27,334 USD

*Based on 2006-2010 data. View historical per capita income data.

Median Individual Worker Income, see rank

Silver Bay, MN	31,103 USD
Minnesota	31,502 USD
U.S.	29,701 USD

*Based on 2006-2010 data. View historical median individual worker income data.

Male Median Individual Worker Income, see rank

Silver Bay, MN	46,538 USD
Minnesota	37,989 USD
U.S.	35,201 USD

*Based on 2006-2010 data. View historical male median individual worker income data.

Female Median Individual Worker Income, see rank

Silver Bay, MN	15,526 USD
Minnesota	25,790 USD
U.S.	24,139 USD

*Based on 2006-2010 data. View historical female median individual worker income data.

Household Income

Median Household Income, #459

Silver Bay, MN	42,857 USD
Minnesota	57,243 USD
U.S.	51,914 USD

Mean Household Income, see rank

Silver Bay, MN	57,786 USD
Minnesota	73,561 USD
U.S.	70,883 USD

Median Household Income Growth Since 2000, #515

Silver Bay, MN	17.34%
Minnesota	17.72%
U.S.	19.17%

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

Household Income Other than Earnings

	Silver Bay, MN		Minnesota		U.S.
	%⁺	Average Amount	%⁺	Average Amount	%⁺	Average Amount
Interest, Dividends, or Net Rental Income	32.25%	$7,891, see rank	28.44%	$12,408	24.21%	$15,308
Social Security Income	39.74%	$16,306, see rank	25.29%	$15,973	27.48%	$15,495
Public Assistance Income	1.97%	$2,240, see rank	3.18%	$3,071	2.47%	$3,553
Retirement Income	25.35%	$15,660, see rank	15.17%	$20,770	17.51%	$21,489

⁺ The percentage of the total households that have the income.

*Based on 2006-2010 data. View historical household income data.

Family Income

Median Family Income, see rank

Silver Bay, MN	53,125 USD
Minnesota	71,307 USD
U.S.	62,982 USD

Mean Family Income, see rank

Silver Bay, MN	68,851 USD
Minnesota	87,853 USD
U.S.	82,446 USD

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

*Based on 2006-2010 data. View historical family income data.

Median Household Income by Races

	Silver Bay, MN	Minnesota	U.S.
White	$41,750, see rank	$59,396	$54,999
Asian	$250,001, see rank	$60,371	$68,950

*Based on 2006-2010 data. View historical median household income by races data.

Median Household Income by Age

	Silver Bay, MN	Minnesota	U.S.
less than 25	$52,596, see rank	$28,693	$26,465
25 to 44	$57,647, see rank	$64,639	$57,132
45 to 64	$51,544, see rank	$70,338	$63,398
65 or over	$32,115, see rank	$34,152	$33,906

*Based on 2006-2010 data. View historical median household income by age data.

Employment Status

	Silver Bay, MN	%	Minnesota	U.S.
Population 16 Years and Over	1,728	see rank	4,111,966	238,733,844
Male¹	870	50.35%, see rank	49.21%	48.60%
Male, In Labor Force:²	533	61.26%, see rank	75.58%	70.92%
Male, In Armed Forces²	0	0.00%, see rank	0.14%	0.83%
Male, Civilian²	533	61.26%, see rank	75.43%	70.09%
Male, Civilian, Employed³	501	94.00%, see rank	92.74%	91.78%
Male, Civilian, Unemployed³	32	6.00%, see rank	7.26%	8.22%
Male, Not in Labor Force²	337	38.74%, see rank	24.42%	29.08%
Female¹	858	49.65%, see rank	50.79%	51.40%
Female, In Labor Force:²	461	53.73%, see rank	66.60%	59.40%
Female, In Armed Forces²	0	0.00%, see rank	0.02%	0.13%
Female, Civilian²	461	53.73%, see rank	66.58%	59.26%
Female, Civilian, Employed³	445	96.53%, see rank	94.58%	92.41%
Female, Civilian, Unemployed³	16	3.47%, see rank	5.42%	7.59%
Female, Not in Labor Force²	397	46.27%, see rank	33.40%	40.60%

¹ Percentage of the population of 16 years and over.
² Percentage of the population of 16 years and over for the gender.
³ Percentage of the Civilian for the gender.

*Based on 2006-2010 data. View historical employment status data.

Commuting to Work

	Silver Bay, MN	%	Minnesota	U.S.
Workers 16 Years and Over	936	100%	2,676,172	139,255,035
Car, Truck, or Van—Drove Alone	748	79.91%, see rank	77.77%	76.00%
Car, Truck, or Van—Carpooled	69	7.37%, see rank	9.21%	10.35%
Public Transportation	0	0.00%, see rank	3.39%	4.94%
Walked	69	7.37%, see rank	3.02%	2.85%
Other Means	4	0.43%, see rank	1.58%	1.72%
Worked at Home	46	4.91%, see rank	5.04%	4.14%

Mean Travel Time to Work, see rank

Silver Bay, MN	13.9 minutes
Minnesota	22.1 minutes
U.S.	25.3 minutes

Ranks: 9 min. or less, 10-19 min., 20-29 min., 30-39 min., 40-59 min., 60-89 min., 90min. or more

*Based on 2006-2010 data. View historical commuting to work data.

Careers

Occupation

	Silver Bay, MN	%	Minnesota	U.S.
Civilian Employed, 16 Years and Over	946	-	2,730,721	141,833,331
Male¹	501	52.96%, see rank	51.84%	52.63%
Management, Professional, and Related Occupations²	147	29.34%, see rank	35.18%	32.27%
Service Occupations²	66	13.17%, see rank	11.82%	14.06%
Sales and Office Occupations²	60	11.98%, see rank	18.10%	17.76%
Farming, Fishing, and Forestry Occupations²	0	0.00%, see rank	1.11%	1.08%
Construction, Extraction, Maintenance, and Repair Occupations²	99	19.76%, see rank	8.87%	10.60%
Production, Transportation, and Material Moving Occupations²	119	23.75%, see rank	19.27%	18.08%
Female¹	445	47.04%, see rank	48.16%	47.37%
Management, Professional, and Related Occupations²	142	31.91%, see rank	40.63%	38.62%
Service Occupations²	171	38.43%, see rank	20.18%	20.52%
Sales and Office Occupations²	109	24.49%, see rank	31.93%	33.85%
Farming, Fishing, and Forestry Occupations²	0	0.00%, see rank	0.30%	0.30%
Construction, Extraction, Maintenance, and Repair Occupations²	13	2.92%, see rank	0.31%	0.34%
Production, Transportation, and Material Moving Occupations²	10	2.25%, see rank	6.40%	6.07%

¹ Percentage of the civilian employed, 16 years and over.
² Percentage of the civilian employed, 16 years and over for the gender.

Industry

	Silver Bay, MN	%	Minnesota	U.S.
Civilian Employed, 16 Years and Over	946	100%	2,730,721	141,833,331
Agriculture, Forestry, Fishing, Hunting, Mining	181	19.13%, see rank	2.38%	1.86%
Construction	32	3.38%, see rank	6.12%	7.13%
Manufacturing	62	6.55%, see rank	14.07%	10.99%
Wholesale Trade	36	3.81%, see rank	3.20%	3.06%
Retail Trade	59	6.24%, see rank	11.53%	11.49%
Transportation, Warehousing, Utilities	52	5.50%, see rank	4.55%	5.07%
Information	0	0.00%, see rank	2.17%	2.38%
Finance, Insurance, Real Estate, Rental, Leasing	35	3.70%, see rank	7.38%	7.00%
Professional, Scientific, Management, Administrative, Waste Management Services	16	1.69%, see rank	9.31%	10.42%
Educational Services, Health Care, Social Assistance	291	30.76%, see rank	23.57%	22.05%
Arts, Entertainment, Recreation, Accommodation, Food Services	129	13.64%, see rank	7.98%	8.86%
Public Administration	26	2.75%, see rank	3.33%	4.84%
Other Services, Except Public Administration	27	2.85%, see rank	4.39%	4.86%

*Based on 2006-2010 data. View historical careers data.

Poverty Level

	Silver Bay, MN	%	Minnesota	U.S.
Population in Poverty	231	11.58%, see rank	10.59%	13.82%
Family in Poverty	65	9.88%, see rank	6.83%	10.08%

*Based on 2006-2010 data. View historical poverty level data.