How long do people stay in their homes in Silver Bay, MN?
21.4% (±6.9 points) of households in Silver Bay, MN moved into their current home in 2020 or later (2020–2024 American Community Survey).
34.6% have lived in it since before 2000.
Figures last updated on .
- Moved in 2020 or later
- 21.4% (±6.9 points)
- Since before 2000
- 34.6%
When households in Silver Bay moved in
| Moved in | Silver Bay | Lake County | Minnesota | United States |
|---|---|---|---|---|
| 2023 or later | 1.0% (±1.2 points) | 1.5% | 4.4% | 4.6% |
| 2020 to 2022 | 20.4% (±6.8 points) | 16.5% | 19.4% | 20.2% |
| 2010 to 2019 | 30.8% (±7.0 points) | 33.5% | 38.9% | 39.6% |
| 2000 to 2009 | 13.1% (±4.2 points) | 18.0% | 16.1% | 16.4% |
| 1990 to 1999 | 12.2% (±4.7 points) | 13.0% | 10.7% | 9.6% |
| 1989 or earlier | 22.4% (±7.5 points) | 17.5% | 10.5% | 9.5% |
A high share of recent movers usually means more renting households and more turnover; a high share of long-time residents usually means more owners who have stayed.
In Silver Bay, the share of households that moved in since 2020 is not measurably different from Lake County (18.0%).
It is not measurably different from Minnesota (23.8%).
It is not measurably different from the national figure (24.8%).
Households that moved in since 2020 in places near Silver Bay
| Place | Distance | Households that moved in since 2020 | Compared with this place |
|---|---|---|---|
| Silver Bay | — | 21.4% (±6.9 points) | — |
| Beaver Bay | 2.9 mi | 4.2% (±35.9 points) | Not measurably different |
| Beaver Bay Township | 6.1 mi | 11.9% (±6.6 points) | Not measurably different |
| Silver Creek Township (Lake County) | 15 mi | 9.9% (±6.7 points) | Lower |
| Crystal Bay Township | 23 mi | 11.9% (±8.1 points) | Not measurably different |
| Two Harbors | 26 mi | 22.8% (±6.4 points) | Not measurably different |
| Pequaywan Township | 28 mi | 8.6% (±28.5 points) | Not measurably different |
| Stony River Township | 28 mi | 12.2% (±23.7 points) | Not measurably different |
| Fairbanks Township | 31 mi | 19.4% (±33.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Silver Creek Township (Lake County), MN (9.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that moved in since 2020 across Lake County, place by place
| Rank | Place | Households that moved in since 2020 |
|---|---|---|
| 1 | Two Harbors | 22.8% (±6.4 points) |
| 2 | Silver Bay | 21.4% (±6.9 points) |
| 3 | Fall Lake Township | 15.4% (±5.3 points) |
| 4 | Stony River Township | 12.2% (±23.7 points) |
| 5 (tie) | Beaver Bay Township | 11.9% (±6.6 points) |
| 5 (tie) | Crystal Bay Township | 11.9% (±8.1 points) |
| 7 | Silver Creek Township (Lake County) | 9.9% (±6.7 points) |
| 8 | Beaver Bay | 4.2% (±35.9 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
What you can do on Seayora in Silver Bay
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Silver Bay, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Silver Bay beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Silver Bay, and send estimates and invoices from your phone.
Questions about Silver Bay
How often do people move in Silver Bay?
21.4% of households in Silver Bay, MN moved into their home in 2020 or later (2020–2024 American Community Survey).
How many long-time residents does Silver Bay have?
34.6% of households in Silver Bay have lived in their home since 1999 or earlier.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Bay city, Minnesota
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 Silver Bay city, Minnesota (place:60250, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0051PE, DP04_0051PM, DP04_0052PE, DP04_0052PM, DP04_0053PE, DP04_0053PM, DP04_0054PE, DP04_0054PM, DP04_0055PE, DP04_0055PM, DP04_0056PE, DP04_0056PM
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 .
Related
- Housing in Silver Bay at a glance
- Median rent in Silver Bay
- Rent burden in Silver Bay
- Renters and owners in Silver Bay
- Income and affordability in Silver Bay
- Home values in Silver Bay
- Homeowner costs in Silver Bay
- Property taxes in Silver Bay
- Types of homes in Silver Bay
- Bedrooms in Silver Bay
- Age of homes in Silver Bay
- Heating fuel in Silver Bay
- Commute and cars in Silver Bay
- Crime reported to police in Silver Bay
- Population growth in Silver Bay
- Minnesota landlord and tenant rules
- Housing across Lake County
- Housing data for every place in Minnesota