Silver Bay vs Waterville
Side-by-side comparison
How does Silver Bay, MN compare to Waterville, MN? Silver Bay has a population of 1,790 with a median household income of $70,870, while Waterville has 1,778 residents and a median income of $67,721. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Silver Bay, MN | Waterville, MN | Difference |
|---|---|---|---|
| Population | 1,790 | 1,778 | +0.7% |
| Median Age | 48 | 45.1 | +6.4% |
| Foreign Born % | 1.5% | 0.4% | +110.0% |
| Metric | Silver Bay | Waterville | Difference |
|---|---|---|---|
| Median Income | $70,870 | $67,721 | +4.6% |
| Unemployment | 2.3% | 5.9% | -61.0% |
| Poverty Rate | 8.9% | 11.5% | -22.6% |
| Bachelor's+ | 19.6% | 17.1% | +14.6% |
| Metric | Silver Bay | Waterville | Difference |
|---|---|---|---|
| Home Value | $150,700 | $216,700 | -30.5% |
| Median Rent | $1044/mo | $835/mo | +25.0% |
| Housing Units | 1,001 | 1,008 | -0.7% |