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MapMap ViewSilver Bay, MN 55614 has a population of approximately 2,309 and experiences a population change rate of -16.28%. The population density is 9.5 / sq mi .
The median household income for Silver Bay, MN 55614 is $66,364, with 1,112 households and an average household size of 1.97.
The median value of a home in Silver Bay, MN 55614 is $156,100 with an appreciation rate of 13.90%. 65.66% of housing in the state is owned while 8.77% is rented.
The cost of living in Silver Bay, MN 55614 is 73.7 %.
The unemployment rate in Silver Bay, MN 55614 is 4.20%, and recent job growth is at -5.05%. Future job growth is projected at 16.68%.
The sales tax rate in Silver Bay, MN 55614 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Silver Bay, MN 55614 are $14,145, and the school ratio is 15:1.
The average high temperature in July is 76.1 degrees, with an average low temperature in January of 1.2 degrees. The average rainfall is approximately 31.7 inches per year, with 74 inches of snow per year.
