Silver Bay, MN 55614 ZIP Code Profile

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Little Marais, MN | Silver Bay, MN
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ZIP Code 55614: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Silver Bay, MN 55614

Acceptable Alternative
Little Marais, MN 55614

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 83
  • Single Family Addresses: 1,166
  • Multi-Family Addresses: 39
  • County: Lake County
  • Centroid: Latitude 47.305, Longitude -91.247
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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55614 ZIP Code Map

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Silver Bay, MN 55614 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 2,574
Daytime Population: Workers 1,162
Daytime Population: Residents 1,492
Total Daytime Population (TDP) 2,654
Ratio TDP/Total Population1 1.03
Population in Households 2,494
Population in Familes 1,984
Population in Group Qrtrs 80
Population Density2 17
Diversity Index3 9
 

INCOME

Median Household Income $54,504
Average Household Income $68,084
Per Capita Income $30,100

HOUSING

Total Housing Units 1,614 (100%)
Owner Occupied HU 949 (58.8%)
Renter Occupied HU 176 (10.9%)
Vacant Housing Units 489 (30.3%)
Median Home Value $112,382
Average Home Value $169,784
 

HOUSEHOLDS

Total Households 1,125
Average Household Size 2.22
Family Households 729
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.36% -0.44%
Households -0.48% -0.52%
Families -0.55% -0.61%
Median Household Income   2.21%
Per Capita Income   2.83%

Silver Bay, MN 55614 - Peer Comparisons by Rank and Percentile

The table below compares 55614 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 371 58th
Population Density # 545 38th
Diversity Index # 710 20th
Median Household Income # 494 44th
Per Capita Income # 418 53rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.


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