menu

Silver Bay, MN

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Silver Bay is a very small city located in the state of Minnesota. With a population of 1,841 people and just one neighborhood, Silver Bay is the 328th largest community in Minnesota.

Occupations and Workforce

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Silver Bay is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Silver Bay is a city of service providers, professionals, and sales and office workers. There are especially a lot of people living in Silver Bay who work in office and administrative support (12.15%), personal care services (11.58%), and management occupations (10.03%).

A relatively large number of people in Silver Bay telecommute to their jobs. Overall, about 9.54% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Silver Bay’s overall crime rate ranks among the lowest in the nation, making it a very safe place to live.

The city is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Silver Bay has relatively fewer families with younger children, and/or college students. Combined, this makes Silver Bay a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.

As is often the case in a small city, Silver Bay doesn't have a public transportation system that people use for their commute.

Demographics

In terms of college education, Silver Bay is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 25.86% of adults 25 and older in the city have at least a bachelor's degree.

The per capita income in Silver Bay in 2022 was $41,880, which is upper middle income relative to Minnesota and the nation. This equates to an annual income of $167,520 for a family of four. However, Silver Bay contains both very wealthy and poor people as well.

The people who call Silver Bay home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Silver Bay residents report their race to be White, followed by Asian. Important ancestries of people in Silver Bay include German, Norwegian, Irish, Finnish, and Swedish.

The most common language spoken in Silver Bay is English. Other important languages spoken here include Italian and Polish.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

If you are planning to retire in Minnesota, this neighborhood should be on your must-see list. For many reasons, may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Minnesota, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.5% of neighborhoods in MN. If a Minnesota retirement is in your future, this neighborhood should be one of the places you visit.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 45 people per square mile living here, this neighborhood is less crowded than 90.1% of America. One of the notable things about is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

Diversity

Did you know that the neighborhood has more Finnish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.4% of this neighborhood's residents have Finnish ancestry and 21.7% have Norwegian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Silver Bay are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.5% of the neighborhoods in America. In addition, 3.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 68.2% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the neighborhood, 32.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.7%), and 15.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 98.1% of households. Some people also speak Polish (3.1%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the neighborhood in Silver Bay, MN, residents most commonly identify their ethnicity or ancestry as German (26.1%). There are also a number of people of Norwegian ancestry (21.7%), and residents who report Irish roots (14.4%), and some of the residents are also of Swedish ancestry (10.7%), along with some Finnish ancestry residents (9.4%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (54.0% of working residents), one of the shortest commutes across America.

Here most residents (78.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

Popular real estate nearby

comparable neighborhoods nearby