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HomeMinnesotaLake CountyBeaver Bay city

Beaver Bay city, Minnesota: commercial real estate data.

Beaver Bay city is a Census city of 82 people across 0.80 square miles of land, in Lake County. Median household income is $36,875, 95.8 percent of occupied homes are owned.

58 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency

Beaver Bay

What Beaver Bay is

  • Census place typecity
  • Land area0.8 sq mi
  • Water area0 sq mi
  • Population per square mile of land103 plus or minus 41
  • County holding the largest share of its areaLake County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Beaver Bay

How many people live in Beaver Bay

  • Population82 plus or minus 33
  • Median age63.2
  • Population under 188 plus or minus 13
  • Share under 189.8 percent plus or minus 15.8
  • Population 65 and over37 plus or minus 20
  • Share 65 and over45.1 percent plus or minus 17.0
  • Households48 plus or minus 16
  • Family households24 plus or minus 14
  • Share of households that are families50.0 percent plus or minus 23.9

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Beaver Bay

Income and work in Beaver Bay

  • Median household income$36,875 plus or minus $29,968
  • Per capita income$32,196 plus or minus $13,672
  • Civilian labor force31 plus or minus 16
  • Employed31 plus or minus 16
  • Unemployed0
  • Unemployment rate0.0 percent
  • Adults 25 and over74 plus or minus 27
  • Adults 25 and over with a high school diploma or higher87.8 percent
  • Adults 25 and over with a bachelor degree or higher21.6 percent plus or minus 14.0
  • Adults 25 and over with a graduate degree10.8 percent plus or minus 7.7

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Beaver Bay

Housing in Beaver Bay

  • Housing units71 plus or minus 23
  • Occupied units48 plus or minus 16
  • Vacant units23 plus or minus 19
  • Vacancy rate32.4 percent plus or minus 24.6
  • Owner occupied46 plus or minus 16
  • Renter occupied2 plus or minus 3
  • Ownership rate95.8 percent
  • Median owner-occupied home value$238,200
  • Single family units71 plus or minus 23
  • Share single family100.0 percent
  • Units in buildings of two or more0
  • Share in buildings of two or more0.0 percent
  • Mobile homes0
  • Median year structure built1965

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Beaver Bay

How Beaver Bay gets to work

  • Workers 16 and over who commute27 plus or minus 14
  • Commuting under 15 minutes25 plus or minus 14
  • Share commuting under 15 minutes92.6 percent plus or minus 20.9
  • Commuting 30 minutes or more2 plus or minus 10
  • Share commuting 30 minutes or more7.4 percent plus or minus 38.5
  • Drove alone64.5 percent plus or minus 19.7
  • Carpooled12.9 percent plus or minus 18.2
  • Public transport0.0 percent
  • Walked9.7 percent plus or minus 11.9
  • Worked from home12.9 percent plus or minus 18.2

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Beaver Bay

SBA loans in Beaver Bay (504)

  • Approvals2
  • Gross approval$405,000
  • Average approval$202,500
  • Median approval$243,000
  • Largest approval$243,000
  • Jobs supported18
  • Loans with a final outcome1
  • Charged off0
  • Median term300 months
  • Distinct CDCs1

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Lake County, not Beaver Bay

Lake County context, not Beaver Bay figures

These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Beaver Bay measurements.

  • Establishments in Lake County340
  • Employment at those establishments, Lake County3,213
  • Covered employment, Lake County3,902
  • Average annual pay, Lake County$54,467
  • Average weekly wage, Lake County$1,047
  • Housing units permitted, Lake County75
  • Of those, single family, Lake County75
  • County product, 2024, Lake County$564,711,000
  • County product change over the prior year, Lake County-15.4 percent
  • Average income of an arriving household, Lake County$67,278

Every figure in this section is published for Lake County as a whole and is not a measurement of Beaver Bay. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
  • No median gross rent is published for this place.
  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Beaver Bay questions, answered from the record.

How many people live in Beaver Bay, Minnesota?

82, in 48 households. Beaver Bay city covers 0.80 square miles of land, which is 103 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Beaver Bay in?

Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Beaver Bay?

$36,875. The median owner-occupied home is valued at $238,200. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Are the county figures on this page Beaver Bay figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Beaver Bay.

Is zoning published for Beaver Bay?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.