Silver Bay employment information

IndexSilver BayMinnesotaNational
Income per capita$25,056$31,642$28,555
Median household income$37,450$60,828$53,482
Median income owner occupied$40,820$74,687$68,142
Median income renter occupied$22,411$31,748$33,219
Median earnings male$46,250$39,915$36,116
Median earnings female$17,311$27,655$25,692
Unemployment rate4.2%4.5%5.8%
Poverty level16.0%11.5%15.6%

Did you know?

  • The income per capita in Silver Bay is 12% lower than the national average.
  • The median household income in Silver Bay is 30% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Silver Bay is 27% lower than the national average.
  • The poverty level in Silver Bay is 2% higher than the national average.

Find Real Estate Listings In Silver Bay

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Silver Bay

Compare Silver Bay, MN Employment To Other Cities

Employment status

Hours worked per week

Silver Bay median earnings by income bracket

Silver Bay employment by industry

Labour TypeMaleFemale
Construction industry2.1%1.5%
Manufacturing sector17.1%0.0%
Financial & insurance services1.0%4.8%
Wholesale & retail services4.7%12.9%
Public administration8.7%3.0%
Transportation, warehousing & utilities8.7%0.0%
Education, health & social services11.0%52.6%
Other46.7%20.7%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Finland, MN215$45,00016%
Beaver Bay, MN141$38,75028%
Silver Bay, MN1,752$37,45030%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Manito, IL1,752$54,1671%
Rural Hill, TN1,752$75,33641%
Pilot Mountain, NC1,752$35,00035%
Trainer, PA1,752$40,89324%
Willard, UT1,752$57,2227%
Silver Bay, MN1,752$37,45030%
Source: The Silver Bay, MN employment data displayed above is derived from the United States Census Bureau.