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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 2010-2014, the total Silver Bay population is 1,752, which has shrunk 15.28% since 2000. The population growth rate is much lower than the state average rate of 9.44% and is much lower than the national average rate of 11.61%. Silver Bay median household income is $37,450 in 2010-2014 and has grown by 2.54% since 2000. The income growth rate is much lower than the state average rate of 29.12% and is much lower than the national average rate of 27.36%. Silver Bay median house value is $92,300 in 2010-2014 and has grown by 94.32% since 2000. The house value growth rate is much higher than the state average rate of 51.31% and is much higher than the national average rate of 46.91%. 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 close to the state average in quality. The Silver Bay area code is 218.

Population1,752 (2010-2014), rank #274
Population Growth-15.28% since 2000, rank #741
Population Density:209.58/sq mi, rank #682
Median Household Income:$37,450 at 2010-2014—2.54% increase since 2000, rank #685
Median House Price:$92,300 at 2010-2014—94.32% increase since 2000, rank #503
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 #508
Area Code:218
Zip Code:55614
Accommodations:Silver Bay Hotels
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