Silver Bay, MN Population

Overview

1,603

Total Population

47.8

Median age

50.28%

Female population %

98.9:100

Gender ratio (M:F)

60-64 years

Largest age group

74.6

Total dependency ratio

White

Largest racial group

32

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Silver Bay's population is old compared to the rest of the country:

The median age in Silver Bay is 47.8, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Silver Bay's population under 18 was 18.96%, compared to the 22.51% nationwide.
Silver Bay's elderly or the senior population (over 65 age) was 26.39% as compared to 16.04% nationwide.
Of the total population in Silver Bay, 16.34% were under the age of 15, 11.98% aged 15 to 29, 45.29% aged 30 to 64, 20.27% aged 65 to 84, and 6.11% were 85 years of age and older.

There are 9 more females than males in Silver Bay:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 50.28% females and 49.72% males in Silver Bay, MN.
The Silver Bay, MN gender ratio is 98.9:100 i.e. 98.9 men to 100 women (0.989).
For male population, the largest age group is 65-69 years with a population of 78.
For the female population, the largest age group is 60-64 years with a population of 87.

Silver Bay's population has become increasingly diverse:

Racial distribution of Silver Bay population: 90.46% are White, 0.25% are American Indian and Alaska Native, 1.12% are Asian, 0.50% are some other race and 7.67% are multiracial.
Silver Bay's racial breakdown clearly shows that there is an absolute majority of White population in the city.
By ethnicity, 32 is Hispanic or Latino (of any race), and 1,571 (98% of the total population) is Non-Hispanic.
The largest racial group in Silver Bay is White with a population of 1,45 (90.46% of the total population).

Silver Bay's population has already reached its peak and is showing a trend of decline:

The peak population was 2,083 in the year 2000
From 2000 to 2010, Silver Bay's population decreased by 209 (10.03%), as compared to the national growth of 9.63%.
From 2010 to 2020, Silver Bay's population decreased by 12 (0.64%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Silver Bay's population was lowest in year 2017 at 1,756.