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CITY

Beaver Bay

Minnesota · 124 residents (2025 est.) · 0.799 sq mi
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The short version

Beaver Bay has notably lower household income than the US average, with a median household income of $36,875. Population has fallen 53% since 2000, a loss of 93 residents. 22% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than tripled since 2000, reaching $238,200. With a median age of 63.2, the population is older than the US median of 38.9. Households here earn about 59% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 63.2
US median: 38.9
Less educated
22% hold a bachelor's degree
US average: 36%
Less affordable
home values up 131%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
82
−53%since 2000
from 175 in 2000
1990 – 2025
Population density
103 / sq mi
−53%since 2000
from 219 / sq mi in 2000
US average: 281
Median age
63.2
+37%since 2000
from 46.3 in 2000
US average: 38.9

PEP 2025 EST:124 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
62951271591921990201020202024Beaver Bay
202482
1990201020202024
Section 02

Income & economy

Median household income
$36,875
−33%inflation adjusted, since 2000
from $30,000 in 2000
US average: $82,259
1990 – 2024
Per capita income
$32,196
+75%since 2000
from $18,415 in 2000
US average: $44,673
Households earning $100K+
22.9%
−6.5 ptssince 2009
from 29.4% in 2009
US average: 53.3%
Poverty rate
23.2%
+2.0 ptssince 2000
from 21.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.556
+29%since 2010
from 0.433 in 2010
US average: 0.476
Workforce by industry, 2024
Information32.3%
US avg: 10.8%
Agriculture, forestry, fishing16.1%
US avg: 1.6%
Manufacturing9.7%
US avg: 0.4%
Construction6.5%
US avg: 1.2%
Retail trade6.5%
US avg: 9.9%
Other services6.5%
US avg: 6.7%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$238,200
+131%inflation adjusted, since 2000
from $56,700 in 2000
US average: $376,019
1990 – 2024
Owner-occupied
95.8%
+34.5 ptssince 2000
from 61.3% in 2000
4.2% rent
Vacancy rate
32.4%
−11.3 ptssince 2009
from 43.7% in 2009
US average: 10.0%
Owner cost-burdened
21.7%
−12.8 ptssince 2009
from 34.5% in 2009
US average: 22.9%
Renter cost-burdened
0.0%
−80.0 ptssince 2009
from 80.0% in 2009
US average: 47.4%
Afford Score
6.5
+242%since 2000
from 1.9 in 2000
1990 – 2024
Gentrification Score
11
RELATED:See current rent listings in Beaver Bay on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92%(161)
Black2.9%(5)
Hispanic / Latino0.6%(1)
Asian0.6%(1)
Other0%
Diversity Score10.1%(18)
2024
White, non-Hispanic97.6%(80)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other2.4%(2)
Diversity Score5.9%(5)
Diversity Score
6
−41%since 2000
from 10 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
21.6%
+8.6 ptssince 2000
from 13.0% in 2000
US average: 35.6%
High school or higher
87.8%
−1.7 ptssince 2000
from 89.6% in 2000
US average: 89.6%
Graduate degree
10.8%
+3.9 ptssince 2000
from 7.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
10.7 min
−55%since 2000
from 24.1 min in 2000
US average: 26.5
Drive alone to work
64.5%
−3.9 ptssince 2009
from 68.4% in 2009
US average: 68.9%
Carpooled to work
12.9%
−18.7 ptssince 2009
from 31.6% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
12.9%
+12.9 ptssince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
9.7%
+9.7 ptssince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
2.1%
−22.6 ptssince 2009
from 24.7% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−25.4 ptssince 2011
from 25.4% in 2011
US average: 5.2%
Labor force participation
41.9%
−34.2 ptssince 2011
from 76.1% in 2011
US average: 63.5%
Self-employed
25.8%
−6.4 ptssince 2009
from 32.2% in 2009
US average: 13.1%
Management & professional
16.1%
−49.4 ptssince 2009
from 65.5% in 2009
US average: 42.5%
Section 08

People & community

Male
54.9%
−0.4 ptssince 2009
from 55.3% in 2009
Female
45.1%
+0.4 ptssince 2009
from 44.7% in 2009
Foreign born
8.5%
+8.5 ptssince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
16.2%
−32.7 ptssince 2009
from 49.0% in 2009
US average: 6.2%
With a disability
18.3%
+3.7 ptssince 2012
from 14.6% in 2012
US average: 13.3%
Uninsured
3.7%
−86.3 ptssince 2013
from 90.0% in 2013
US average: 8.4%
Broadband at home
72.9%
−10.4 ptssince 2017
from 83.3% in 2017
US average: 91.0%
English only at home
97.5%
−2.5 ptssince 2016
from 100.0% in 2016
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2016
from 0.0% in 2016
US average: 13.6%
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Compare Beaver Bay to nearby cities

BEAVER BAY VS
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Income$68,807+87%
Home value$242,700+2%
Population88,330+71134%
SEE FULL COMPARISON →
BEAVER BAY VS
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Income$64,216+74%
Home value$180,400−24%
Population26,397+21188%
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BEAVER BAY VS
Hermantown
Income$90,849+146%
Home value$382,300+60%
Population10,110+8053%
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BEAVER BAY VS
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Income$51,720+40%
Home value$120,600−49%
Population8,187+6502%
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Frequently asked

How many people live in Beaver Bay, Minnesota?

Beaver Bay, Minnesota has about 82 residents according to the 2024 American Community Survey.

What is the median household income in Beaver Bay, Minnesota?

The typical household in Beaver Bay, Minnesota earns about $36,875 a year. Half of households make more than that, and half make less.

Is Beaver Bay, Minnesota expensive?

In Beaver Bay, Minnesota, the median home is worth about $238,200.

How educated are people in Beaver Bay, Minnesota?

About 21.6% of adults age 25 and over in Beaver Bay, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Beaver Bay, Minnesota?

About 23.2% of people in Beaver Bay, Minnesota live below the federal poverty line.

Has Beaver Bay, Minnesota grown since 1990?

Yes, Beaver Bay, Minnesota has shrunk since 1990. The population has lost about 38 residents, a change of about -32 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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