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.

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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%

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.
Trainer, PA1,752$40,89324%
Willard, UT1,752$57,2227%
Plentywood, MT1,752$43,37519%
Manito, IL1,752$54,1671%
Rural Hill, TN1,752$75,33641%
Silver Bay, MN1,752$37,45030%
Source: The Silver Bay, MN employment data displayed above is derived from the United States Census Bureau.