Beaver Bay city, Minnesota Demographics & Population 2026
As of 2026, Beaver Bay city, Minnesota has a total population of 90, the 804th largest city in Minnesota, with a median household income of $48,333, which is 45% lower than the state average. The poverty rate is 20.0%.
Key Takeaways
- Household income is 45% below the state average, indicating significant economic challenges.
- Near full employment with an unemployment rate of just 0.0%.
Beaver Bay city Quick Facts
How Beaver Bay city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Beaver Bay city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Lake County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Two Harbors city | 3,598 | $62,885 | 12.0% | $187,100 |
| Silver Bay city | 1,790 | $70,870 | 8.9% | $150,700 |
Cities Similar to Beaver Bay city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Kilkenny city | 92 | N/A | $104,200 | 5.6% | 6.5% |
| Strandquist city | 88 | N/A | $28,300 | 15.6% | 3.4% |
| Elkton city | 91 | $51,932 | $182,500 | 17.3% | 11.1% |
| Nimrod city | 84 | N/A | $77,500 | 4.3% | 3.8% |
| Garvin city | 90 | $41,000 | $50,000 | 7.0% | 23.3% |
Population Overview
Beaver Bay city is a small community located in Minnesota, within Lake County. The total population is 90. It ranks as the 804th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Beaver Bay city is 58.8 years. This is 52% higher than the state median of 38.6 years. Only 13.3% of residents are under 18, indicating fewer families with children. 22.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Beaver Bay city is $48,333. This is 45% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 38% lower. The poverty rate stands at 20.0%. This is 117% higher than the state poverty rate of 9.2%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.9%. The median home value is $215,600. Housing costs are 29% lower than the state median of $305,500. The home-value-to-income ratio is 4.5x. 85.4% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 72.4%.
Race & Ethnicity
Beaver Bay city has a predominantly White (non-Hispanic) population, comprising 92.2% of all residents.
Education
26.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 31% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.7%.
Data Sources & Methodology
All demographic data for Beaver Bay city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Beaver Bay city, Minnesota?
Beaver Bay city, Minnesota has a population of 90 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Beaver Bay city, MN?
The median household income in Beaver Bay city is $48,333, which is 38% lower the national median of $78,538.
What is the poverty rate in Beaver Bay city, MN?
The poverty rate in Beaver Bay city is 20.0%. This means approximately 18 residents live below the federal poverty line.
What is the racial makeup of Beaver Bay city, Minnesota?
Beaver Bay city's population is 92.2% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Beaver Bay city, MN?
The median home value in Beaver Bay city is $215,600. The home-value-to-income ratio is 4.5x.
How educated is Beaver Bay city, Minnesota?
26.9% of adults (25+) in Beaver Bay city hold a bachelor's degree or higher, and 11.5% hold a graduate or professional degree.