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CITY · 2020 ACS

Beaver Bay

Minnesota · 120 residents · 0.799 sq mi
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The short version

Beaver Bay has roughly average household income, with a median household income of $65,313. Population has fallen 31% since 2000, a loss of 55 residents. Median home value has roughly tripled since 2000, reaching $175,000. With a median age of 50.0, the population is older than the US median of 38.8. Poverty is rare here, at 6.3% of residents.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 50.0
US median: 38.8
Average education
33% hold a bachelor's degree
US average: 33%
Less affordable
home values up 105%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
120
−31%since 2000
from 175 in 2000
1990 – 2025
Population density
150 / sq mi
−31%since 2000
from 219 / sq mi in 2000
US average: 280
Median age
50.0
+8%since 2000
from 46.3 in 2000
US average: 38.8
Population, 1990 – 2024
62951271591921990201020202024Beaver Bay
202482
1990201020202024
Section 02

Income & economy

Median household income
$65,313
+45%inflation adjusted, since 2000
from $30,000 in 2000
US average: $66,278
1990 – 2024
Per capita income
$37,528
+104%since 2000
from $18,415 in 2000
US average: $35,364
Households earning $100K+
25.0%
−4.4 ptssince 2009
from 29.4% in 2009
US average: 43.9%
Poverty rate
6.3%
−15.0 ptssince 2000
from 21.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Information33.3%
US avg: 11.1%
Finance & insurance18.5%
US avg: 5.5%
Education & health services14.8%
US avg: 0.8%
Agriculture, forestry, fishing7.4%
US avg: 1.7%
Manufacturing7.4%
US avg: 0.5%
Other services7.4%
US avg: 6.6%
Retail trade3.7%
US avg: 10%
Professional, scientific, technical3.7%
US avg: 4.7%
Construction0%
US avg: 1.2%
Wholesale trade0%
US avg: 6.7%
Transportation & warehousing0%
US avg: 2.5%
Arts, entertainment, food0%
US avg: 2%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$175,000
+105%inflation adjusted, since 2000
from $56,700 in 2000
US average: $265,253
1990 – 2024
Owner-occupied
84.9%
+23.6 ptssince 2000
from 61.3% in 2000
15.1% rent
Afford Score
2.7
+42%since 2000
from 1.9 in 2000
1990 – 2024
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)
2020
White, non-Hispanic88.3%(106)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other10.9%(13)
Diversity Score24.5%(29)
Diversity Score
25
+143%since 2000
from 10 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
33.3%
+20.3 ptssince 2000
from 13.0% in 2000
US average: 32.9%
High school or higher
98.2%
+8.7 ptssince 2000
from 89.6% in 2000
US average: 88.5%
Graduate degree
14.0%
+7.1 ptssince 2000
from 7.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
30.5 min
+26%since 2000
from 24.1 min in 2000
US average: 26.9
Drive alone to work
73.9%
+5.5 ptssince 2009
from 68.4% in 2009
US average: 75.1%
No vehicle available
0.0%
−24.7 ptssince 2009
from 24.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.6%
−21.8 ptssince 2011
from 25.4% in 2011
US average: 5.4%
Labor force participation
47.5%
−28.7 ptssince 2011
from 76.1% in 2011
US average: 63.4%
Management & professional
29.6%
−35.9 ptssince 2009
from 65.5% in 2009
US average: 39.3%
Section 08

People & community

Male
53.1%
−2.2 ptssince 2009
from 55.3% in 2009
Female
46.9%
+2.2 ptssince 2009
from 44.7% in 2009
Foreign born
1.6%
+1.6 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
6.3%
−83.7 ptssince 2013
from 90.0% in 2013
US average: 8.8%
Drill deeper

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Compare Beaver Bay to nearby cities

BEAVER BAY VS
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Income$68,807+5%
Home value$242,700+39%
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BEAVER BAY VS
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Income$64,216−2%
Home value$180,400+3%
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BEAVER BAY VS
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BEAVER BAY VS
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Frequently asked

How many people live in Beaver Bay, Minnesota?

Beaver Bay, Minnesota has about 120 residents according to the 2020 American Community Survey.

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

The typical household in Beaver Bay, Minnesota earns about $65,313 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 $175,000.

How educated are people in Beaver Bay, Minnesota?

About 33.3% 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 6.3% of people in Beaver Bay, Minnesota live below the federal poverty line.

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

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