Silver Bay vs Minnesota Lake
Side-by-side comparison
How does Silver Bay, MN compare to Minnesota Lake, MN? Silver Bay has a population of 1,790 with a median household income of $70,870, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Silver Bay, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 1,790 | 621 | +188.2% |
| Median Age | 48 | 45.5 | +5.5% |
| Foreign Born % | 1.5% | 0% | +150.0% |
| Metric | Silver Bay | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $70,870 | $62,875 | +12.7% |
| Unemployment | 2.3% | 3.9% | -41.0% |
| Poverty Rate | 8.9% | 12.1% | -26.4% |
| Bachelor's+ | 19.6% | 18.7% | +4.8% |
| Metric | Silver Bay | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $150,700 | $126,600 | +19.0% |
| Median Rent | $1044/mo | $950/mo | +9.9% |
| Housing Units | 1,001 | 312 | +220.8% |