Housing data for Beaver Bay, MN
Beaver Bay, MN has an estimated 82 residents and 71 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Lake County.
4.2% of households rent.
Figures last updated on .
- Residents
- 82 (±33)
- Housing units
- 71 (±23)
- Households that rent
- 4.2%
- Residents since 2015–2019
- −16.3%
What stands out in Beaver Bay
Households that rent: 4.2% (±6.6 points) in Beaver Bay, lower than in Lake County (16.5%).
Median household income: $36,875 (±$29,968) in Beaver Bay, lower than in Lake County ($75,541).
Average commute: 10.7 minutes (±9.0) in Beaver Bay, lower than in Lake County (24.8 minutes).
Housing in Beaver Bay at a glance
- Renters and owners: 4.2% of households rent (Small sample: wide margin of error)
- Income and affordability: $36,875 median household income (Small sample: wide margin of error)
- Home values: $238,200 median home value (Small sample: wide margin of error)
- Homeowner costs: $1,604 median monthly cost with a mortgage (Small sample: wide margin of error)
- Property taxes: $1,912 median real estate taxes a year (Small sample: wide margin of error)
- Types of homes: 0.0% of homes are in buildings of 5 or more units (Small sample: wide margin of error)
- Bedrooms: 77.5% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 70.4% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 64.6% heat with propane (Small sample: wide margin of error)
- Commute and cars: 10.7 minutes average trip to work (Small sample: wide margin of error)
- Growth: −16.3% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 4.2% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Beaver Bay against Lake County, its state and the nation
| Beaver Bay | Lake County | Minnesota | United States | |
|---|---|---|---|---|
| Residents | 82 (±33) | 10,879 (exact) | 5,739,445 (exact) | 334,922,499 |
| Housing units | 71 (±23) | 7,449 (±39) | 2,545,030 (±1,535) | 143,775,355 |
| Households that rent | 4.2% (±6.6 points) | 16.5% (±2.7 points) | 27.8% (±0.2 points) | 34.8% |
| Median gross rent | — | $1,093 (±$57) | $1,280 (±$7) | $1,413 |
| Median household income | $36,875 (±$29,968) | $75,541 (±$4,705) | $89,062 (±$409) | $80,734 |
| Median home value | $238,200 (±$35,262) | $241,300 (±$10,335) | $329,300 (±$903) | $332,700 |
| Median real estate taxes (a year) | $1,912 (±$518) | $1,765 (±$80) | $3,357 (±$10) | $3,119 |
| Built before 1980 | 70.4% (±29.3 points) | 65.8% (±4.8 points) | 52.1% (±0.3 points) | 49.7% |
| Average commute | 10.7 minutes (±9.0) | 24.8 minutes (±2.0) | 22.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 72.9% (±16.6 points) | 87.6% (±2.6 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 63.2 years (±8.1) | 49.4 years (±0.5) | 38.8 years (±0.1) | 38.9 years |
Beaver Bay covers 0.8 square miles of land, about 103 residents per square mile (Census Bureau Gazetteer).
How Beaver Bay has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 98 (±48) | 82 (±33) | −16.3% | Not a measurable change |
| Housing units | 135 (±46) | 71 (±23) | −47.4% | Measurable decrease |
| Median home value | $237,500 (±$145,459) | $238,200 (±$35,262) | +0.3% | No measurable change after inflation |
| Median household income | $67,083 (±$20,091) | $36,875 (±$29,968) | −45.0% | Down after inflation |
| Median owner cost with a mortgage | $2,083 (±$354) | $1,604 (±$275) | −23.0% | Down after inflation |
| Households that rent | 9.2% (±8.2 points) | 4.2% (±6.6 points) | −5.0 percentage points | Not a measurable change |
| Rental vacancy rate | 53.8% (±50.3 points) | 0.0% (±100.0 points) | −53.8 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Lake County
Beaver Bay has no police department of its own in the FBI’s figures, so this is the figure for Lake County as a whole.
In 2025, the police departments that report for Lake County recorded 84 violent and 112 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Beaver Bay
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Silver Bay | 2.9 mi | $1,140 | $158,900 | 19.9% |
| Beaver Bay Township | 8.4 mi | $1,083 | $294,000 | 3.5% |
| Silver Creek Township (Lake County) | 14 mi | — | $369,900 | 4.7% |
| Two Harbors | 23 mi | $1,079 | $206,800 | 31.8% |
| Pequaywan Township | 26 mi | — | $355,000 | 0.0% |
| Crystal Bay Township | 26 mi | $675 | $221,200 | 10.3% |
| Alden Township (St. Louis County) | 29 mi | — | $275,000 | 5.9% |
| Fairbanks Township | 30 mi | — | $283,000 | 0.0% |
HUD Fair Market Rent for Beaver Bay, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $946 | $1,038 | $1,358 | $1,618 | $1,983 |
HUD income limits for Beaver Bay, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $21,000 | $35,000 | $55,950 |
| 2 people | $24,000 | $40,000 | $63,950 |
| 3 people | $27,320 | $45,000 | $71,950 |
| 4 people | $33,000 | $49,950 | $79,900 |
| 5 people | $38,680 | $53,950 | $86,300 |
| 6 people | $44,360 | $57,950 | $92,700 |
| 7 people | $50,040 | $61,950 | $99,100 |
| 8 people | $55,720 | $65,950 | $105,500 |
These are the limits HUD sets for its housing programs in the Lake County, MN, where HUD’s median family income for fiscal year 2026 is $99,900.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Beaver Bay
Is Beaver Bay growing?
In Beaver Bay, the number of residents went from 98 in 2015–2019 to 82 in 2020–2024 (−16.3%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Beaver Bay city, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Beaver Bay city, Minnesota
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Beaver Bay city, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Beaver Bay city, Minnesota
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Beaver Bay city, Minnesota
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Beaver Bay city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Beaver Bay city, Minnesota
- HUD Fair Market Rents, fiscal year 2027: Lake County, MN
- HUD Income Limits, fiscal year 2026: Lake County, MN
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Beaver Bay city, Minnesota (place:04456, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .