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Silver Bay, MN

 

Silver Bay is located in east Minnesota. Silver Bay is part of Lake County. Silver Bay has 7.89 square miles of land area and 0.47 square miles of water area. As of 2010, the total Silver Bay population is 1,887, which has shrunk 8.75% since 2000. The population growth rate is much lower than the state average rate of 7.81% and is much lower than the national average rate of 9.71%. Silver Bay median household income is $42,857 in 2006-2010 and has grown by 17.34% since 2000. The 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%. Silver Bay median house value is $88,000 in 2006-2010 and has grown by 85.26% since 2000. The house value growth rate is higher than the state average rate of 58.74% and is much higher than the national average rate of 50.42%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Silver Bay is better than the state average in quality. The Silver Bay area code is 218.

Population1,887 (2010), rank #263
Population Growth-8.75% since 2000, rank #722
Population Density:225.73/sq mi, rank #671
Median Household Income:$42,857 at 2006-2010—17.34% increase since 2000, rank #459
Median House Price:$88,000 at 2006-2010—85.26% increase since 2000, rank #550
Time Zone:Central GMT -6:00 with Daylight Saving in the Summer
Land Area:7.89 sq mi, rank #130
Water Area:0.47 sq mi (5.58%), rank #132
State:Minnesota
County:Lake County
School District:, rank #462
Area Code:218
Zip Code:55614
Accommodations:Silver Bay Hotels
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Silver Bay, MN Map, Border, and Nearby Locations


* Based on the U.S. 2010 Data


 
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