Silver Bay, MN Demographics

A map of Silver Bay's Population by Race

Race	2024 Pop	2020 Pop	2024 %	2020 %
White	1,591	1,763	89.9%	94.9%
Multiracial	98	52	5.5%	2.8%
Hispanic	55	18	3.1%	1.0%
Asian	25	13	1.4%	0.7%
Black	0	3	0.0%	0.2%
Native American/Other	0	8	0.0%	0.4%

Silver Bay, Minnesota has an estimated population of 1,769, a decrease from the 1,857 recorded in the 2020 Census. The population is 89.9% White, 5.5% Multiracial, 3.1% Hispanic, 1.4% Asian, 0.0% Black, and 0.0% Native American/Other. This demographic dot map shows the population of Silver Bay, with one dot drawn for each person counted by the Census, color-coded by race.

Silver Bay has become considerably more racially diverse since the 2020 Census. It is considerably less diverse than Minnesota overall. Demographers use a diversity index to measure the probability that two randomly selected individuals belong to different racial or ethnic groups. In Silver Bay, that probability was 9.8% in 2020 and 18.7% in the most recent ACS estimates.

Silver Bay is ranked the 282nd most populous place in Minnesota, out of 915 places. This ranking is based on the Census definition of a place, which includes incorporated places like cities, towns, and villages, as well as unincorporated census-designated places (CDPs). Silver Bay was ranked the 273rd most populous place in the 2020 Census.

Silver Bay's White Population

1,591 residents of Silver Bay, or 89.9% of the population, identify as White. The share of White residents in Silver Bay is considerably higher than in Minnesota overall, where 75.9% of the population is White. Silver Bay ranks 125th statewide in terms of White residents as a share of the population, out of 915 places.

Since the 2020 Census, Silver Bay's White population has declined by an estimated 9.8%. White residents' share of Silver Bay's population has decreased from 94.9% to 89.9%.

Silver Bay is more White than neighboring Cornucopia (88% White). Silver Bay is less White than neighboring Beaver Bay (97.6% White), Finland (97.7% White), Herbster (96.4% White), and Two Harbors (92.2% White).

Silver Bay's Black Population

0 residents of Silver Bay, or 0.0% of the population, identify as Black. The share of Black residents in Silver Bay is lower than in Minnesota overall, where 6.9% of the population is Black. Silver Bay ranks 568th statewide in terms of Black residents as a share of the population, out of 915 places.

Since the 2020 Census, Silver Bay's Black population has declined by an estimated 100.0%. Black residents' share of Silver Bay's population has remained roughly unchanged at 0.0%.

Silver Bay is less Black than neighboring Two Harbors (0.6% Black).

Silver Bay's Asian Population

25 residents of Silver Bay, or 1.4% of the population, identify as Asian. The share of Asian residents in Silver Bay is slightly lower than in Minnesota overall, where 5.1% of the population is Asian. Silver Bay ranks 331st statewide in terms of Asian residents as a share of the population, out of 915 places.

Since the 2020 Census, Silver Bay's Asian population has grown by an estimated 92.3%. Asian residents' share of Silver Bay's population has increased from 0.7% to 1.4%.

Silver Bay is more Asian than neighboring Beaver Bay (0% Asian), Finland (0% Asian), Herbster (0% Asian), Cornucopia (0% Asian), and Two Harbors (0% Asian).

Silver Bay's Hispanic Population

55 residents of Silver Bay, or 3.1% of the population, identify as Hispanic. The share of Hispanic residents in Silver Bay is slightly lower than in Minnesota overall, where 6.4% of the population is Hispanic. Silver Bay ranks 780th statewide in terms of Hispanic residents as a share of the population, out of 915 places.

Since the 2020 Census, Silver Bay's Hispanic population has grown by an estimated 205.6%. Hispanic residents' share of Silver Bay's population has increased from 1.0% to 3.1%.

Silver Bay is more Hispanic than neighboring Beaver Bay (0% Hispanic), Finland (1.2% Hispanic), Herbster (2.4% Hispanic), and Two Harbors (2.3% Hispanic). Silver Bay is less Hispanic than neighboring Cornucopia (3.7% Hispanic).

Silver Bay's Native American/Other Population

0 residents of Silver Bay, or 0.0% of the population, identify as American Indian/Alaska Native/Native Hawaiian/Pacific Islander/Other. The share of Native American/Other residents in Silver Bay is comparable to the share in Minnesota overall, where 1.2% of the population is Native American/Other. Silver Bay ranks 585th statewide in terms of Native American/Other residents as a share of the population, out of 915 places.

Since the 2020 Census, Silver Bay's Native American/Other population has declined by an estimated 100.0%. Native American/Other residents' share of Silver Bay's population has remained roughly unchanged at 0.0%.

Silver Bay is less Native American/Other than neighboring Two Harbors (1.1% Native American/Other).

Silver Bay's Multiracial Population

98 residents of Silver Bay, or 5.5% of the population, identify as Multiracial. The share of Multiracial residents in Silver Bay is comparable to the share in Minnesota overall, where 4.5% of the population is Multiracial. Silver Bay ranks 600th statewide in terms of Multiracial residents as a share of the population, out of 915 places.

Since the 2020 Census, Silver Bay's Multiracial population has grown by an estimated 88.5%. Multiracial residents' share of Silver Bay's population has increased from 2.8% to 5.5%.

Silver Bay is more Multiracial than neighboring Beaver Bay (2.4% Multiracial), Finland (1.2% Multiracial), Herbster (1.2% Multiracial), and Two Harbors (3.8% Multiracial). Silver Bay is less Multiracial than neighboring Cornucopia (8.3% Multiracial).

Sources: Most recent population estimates are from the 2020-2024 American Community Survey 5-Year Estimates. 2020 population counts and map data are from 2020 Census State Redistricting Data. Geographic data are from Census TIGER/Line Shapefiles.