Silver Bay vs Minneapolis
| Silver Bay | Minneapolis | |
|---|---|---|
| Population | 1,690 | 426,877 |
| Median Household Income | $69,489 | $80,846 |
| Median Home Value | $158,900 | $362,200 |
| Median Gross Rent | $1,140/mo | $1,371/mo |
| Homeownership Rate | 80.1% | 47.7% |
| Unemployment Rate | 2.8% | 5.9% |
| Bachelor's Degree or Higher | 21.8% | 55.5% |
| Median Age | 47.6 | 33.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.