North Bay, WI
Population 238 · Wisconsin
About North Bay, WI
North Bay is a small community located in Wisconsin with a population of 238 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,250 per year, which is 61% above the national median of $75,149. The median age of 62.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in North Bay features a median home value of $470,600, which is 92% above the national median of $244,900. This places North Bay in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 124 total housing units, 99% are owner-occupied (118 units) and 1% are renter-occupied (1 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in North Bay shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in North Bay have an average one-way commute time of 23.8 minutes.
Education & Demographics
77.0% of North Bay residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.8% White, 0.8% Hispanic or Latino, 3.4% Black or African American, and 1.3% Asian residents, with 4.2% of the population being foreign-born.
How North Bay Ranks in Wisconsin
Cost of Living in North Bay, WI
Compared to national averages, North Bay has a median household income of $121,250 (61% above the national median of $75,149). Home values average $470,600, which is 92% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Wisconsin, North Bay's income is 67% above the state average of $72,579, and home values are 129% above the state median of $205,802.
Why Live in North Bay, WI?
North Bay offers a strong local economy with a median household income of $121,250, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 77.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.0%, better than the national average, and short commute times averaging just 23.8 minutes.
Potential considerations include a competitive housing market where the typical home costs $470,600. However, North Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
North Bay has a population of 238 with a median age of 62.6 years. Compare North Bay with other cities to see how it stacks up, or explore all cities in Wisconsin.
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Demographics
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Economy & Education
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Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about North Bay
What is the population of North Bay, WI?
The population of North Bay, WI is 238 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wisconsin.
What is the median household income in North Bay?
The median household income in North Bay, WI is $121,250 per year, which is 61% above the national median of $75,149.
What is the median home value in North Bay?
The median home value in North Bay, WI is $470,600, which is 92% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in North Bay?
The median monthly rent in North Bay, WI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in North Bay?
The unemployment rate in North Bay, WI is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is North Bay, WI a good place to live?
North Bay offers above-average incomes, a competitive housing market, and a strong job market. With a population of 238 and a median age of 62.6, the city appeals to established professionals and retirees.
How educated is North Bay, WI?
77.0% of residents in North Bay aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in North Bay?
Key cost-of-living indicators for North Bay, WI: median home value is $470,600 (92% above national), median rent is $0/month, and median household income is $121,250. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in North Bay?
The poverty rate in North Bay, WI is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is North Bay, WI?
North Bay's population is 0.8% White, 0.8% Hispanic or Latino, 3.4% Black or African American, 1.3% Asian, and 2.9% two or more races. 4.2% of residents are foreign-born.