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Silver Bay, MN Real Estate

Silver Bay, Minnesota is located in Lake County. Nearby cities and towns include Beaver Bay, and Finland. Silver Bay is a rural community with a population of 1,896. The median household income is $43,635. In Silver Bay, 55% of residents are married, and families with children reside in 23% of the households. Half the population of Silver Bay commutes 9 minutes or less to work, with 58% of residents holding white collar jobs and 42% residents holding blue collar jobs. The median age of homes in Silver Bay, MN is 42 years, with 58% of those homes owned, 10% rented, and 33% not occupied. In the previous year, 25 Silver Bay properties were sold. The median sale price of a home in Silver Bay in the previous year was $81,873.

Silver Bay, MN Real Estate Listings


About Schools in Silver Bay, MN

Silver Bay offers a range of educational opportunities with one elementary school, one middle school and one high school.

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Silver Bay, MN Local Market & Demographic Data

Married vs. single

Silver Bay, MN
  • 45% Single
  • 55% Married
  • 47% Single
  • 53% Married

Male VS. Female

Silver Bay, MN
  • 47% Female
  • 53% Male
  • 50% Female
  • 50% Male

Average Age of Citizens in Silver Bay, MN

  • 47
  • 38
  • Silver Bay, MN
  • Minnesota

Average Age of Homes in Silver Bay, MN

  • 42
  • 31
  • Silver Bay, MN
  • Minnesota

Vacant Homes in Silver Bay, MN

  • 33%
  • 12%
  • Silver Bay, MN
  • Minnesota

Average INCOME of Citizens

  • $58,732
  • $75,284
  • Silver Bay, MN
  • Minnesota

Owned Homes vs. Rented Homes

Silver Bay, MN
  • 58% Owned
  • 10% Rented
  • 63% Owned
  • 25% Rented