Silver Bay Population History 1990 - 2023

What is the current population of Silver Bay?

Based on the latest 2024 data from the US census, the current population of Silver Bay is 1,812. Silver Bay, Minnesota is the 7,999th largest city in the US.

What was the peak population of Silver Bay?

The peak population of Silver Bay was in 2000, when its population was 2,062. In 2000, Silver Bay was the 7,256th largest city in the US; now its fallen to the 7,999th largest city in the US. Silver Bay is currently 12.1% smaller than it was in 2000.

How quickly is Silver Bay shrinking?

Silver Bay has shrunk 12.1% since the year 2000. Silver Bay, Minnesota's growth is below average. 73% of similarly sized cities are growing faster since 2000.

What is the voting age population of Silver Bay, Minnesota?

The total voting age population of Silver Bay, Minnesota, meaning US citizens 18 or older, is 1,432. The voting age population is 48.2% male and 51.8% female.

What percentage of Silver Bay, Minnesota residents are senior citizens?

According to the latest census statistics, 25.7% of the residents of Silver Bay are 65 or older.

What are the racial demographics of Silver Bay, Minnesota?

The racial demographics of Silver Bay are 95.9% White, 2.4% Two or more races, 0.6% Asian, 0.5% Black, 0.5% Other and 0.1% American Indian. Additionally, 1.9% of the population identifies as Hispanic.

What percentage of Silver Bay, Minnesota residents are below the poverty line?

In Silver Bay, 5.1% of residents have an income below the poverty line, and the child poverty rate is 2.8%. On a per-household basis, 1.0% of families are below the poverty line in Silver Bay.

What percentage of Silver Bay, Minnesota residents are in the labor force?

Among those aged 16 and older, 56.0% of Silver Bay residents are in the labor force.

What are the education levels among Silver Bay, Minnesota residents?

Among the adult population 25 years old and over, 94.3% of Silver Bay residents have at least a high school degree or equivalent, 27.4% have a bachelor's degree and 5.5% have a graduate or professional degree.

What percentage of Silver Bay, Minnesota residents speak a non-English language at home?

Among Silver Bay residents aged 5 and older, 4.0% of them speak a non-English language at home. Broken down by language: 0.0% of residents speak Spanish at home, 0.7% speak an Indo-European language, and 1.3% speak an Asian language.

What is the unemployment rate in Silver Bay, Minnesota?

The unemployment rate in Silver Bay is 6.0%, which is calculated among residents aged 16 or older who are in the labor force.

What percentage of Silver Bay, Minnesota residents work for the government?

In Silver Bay, 20.5% of the residents in the non-military labor force are employed by the local, state and federal government.

What is the median income in Silver Bay, Minnesota?

The median household income in Silver Bay is $47,639.

What percentage of housing units are owner-occupied in Silver Bay, Minnesota?

In Silver Bay, 84.6% of housing units are occupied by their owners.

What percentage of housing units are rented in Silver Bay, Minnesota?

Renters occupy 15.4% of housing units in Silver Bay.

What percentage of Silver Bay, Minnesota housing units were built before 1940?

Of all the housing units in Silver Bay, 1.2% of them were build before 1940.

What percentage of Silver Bay, Minnesota housing units were built after 2000?

In Silver Bay, 5.9% of the total housing units were built after the year 2000.

What is the median monthly rent in Silver Bay, Minnesota?

The median gross monthly rent payment for renters in Silver Bay is $777.

What percentage of households in Silver Bay, Minnesota have broadband internet?

In Silver Bay, 78.5% of households have an active broadband internet connection.