Beaver Bay, MN Employment - Median Household Income, Unemployment Rate

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B+

24%

Income/capita NAT. AVG.

21%

Household income NAT. AVG.

63%

Unemployment NAT. AVG.

Index	Beaver Bay	Minnesota	National
Income per capita	$55,656	$49,588	$44,883
Median household income	$98,183	$92,370	$81,333
Median income owner occupied	$97,682	$117,544	$106,172
Median income renter occupied	$0	$52,026	$52,080
Median earnings male	$0	$60,747	$54,343
Median earnings female	$0	$42,223	$38,439
Unemployment rate	1.8%	3.6%	4.9%
Poverty level	6.3%	10.8%	15.1%

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Beaver Bay, MN

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Beaver Bay, MN

Key findings

The income per capita in Beaver Bay is 24% higher than the national average
The median household income in Beaver Bay is 21% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Beaver Bay is 63% lower than the national average
The poverty level in Beaver Bay is 59% lower than the national average

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am i middle class

$65,448 $98,183 $196,366

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Beaver Bay median earnings by income bracket

Beaver Bay employment by industry

Labour Type	Male	Female
Construction industry	0.0%	0.0%
Manufacturing sector	7.7%	7.7%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	23.1%	23.1%
Public administration	7.7%	7.7%
Transportation, warehousing & utilities	38.5%	38.5%
Education, health & social services	0.0%	0.0%
Other	23.1%	23.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Silver Bay, MN	1,669	$84,612	4.0%
Finland, MN	216	$69,088	15.1%
Beaver Bay, MN	65	$98,183	20.7%

Cities with similar population

City	Population	Household Income	National Avg.
Theba, AZ	65	$74,944	7.9%
Orchard, IA	65	$64,588	20.6%
La Prairie, IL	65	$100,012	23.0%
Labette, KS	65	$0	100.0%
Caberfae, MI	65	$89,889	10.5%
Beaver Bay, MN	65	$98,183	20.7%

Source: The Beaver Bay, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.