Independent Living in Silver Bay, Minnesota

There are 2 independent living communities serving Silver Bay, Minnesota. This includes 1 community in Silver Bay and 1 nearby. Independent living costs in Minnesota range from about $16 up to $132 daily, with an average expenditure running about $62. The monthly expense averages about $1,871 and ranges between $476 and $3,960. On an annual basis, the mean cost is around $22,456, which is below the national average of $23,100.

Silver Bay is a town in Lake County, Minnesota. While the encompassing area is home to 1,077,918 people, there are only 2,627 living inside the city limits. Approximately 41% of the local populace are over 55.

Silver Bay has an average SeniorScore™ of 64. The city's average household income is $45,000 ($26,000 on a per capita basis), vs an average of $53,000 for the state of Minnesota. The average housing price in Silver Bay is $156,000, which is somewhat lower than the state average of $211,500. Silver Bay has a high unemployment rate of roughly 14.58%.

Silver Bay has extreme average temperatures, with bitterly cold winters and calm summers. The city receives low amounts of precipitation annually. Silver Bay has very good air quality ratings and a very low rate of crime in comparison to other cities.

More About Silver Bay, Minnesota

Silver Bay Veterans Home

45 Banks Blvd

Silver Bay, MN 55614

1-855-233-7205

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Silver Bay Veterans Home is a senior housing community located at 45 Banks Blvd in Silver Bay, Minnesota. The encompassing area has a sparse population, with around 4,000 people residing in the 55614 zip code. It is a ...

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Ecumen Scenic Shores

409 13th Ave

Two Harbors, MN 55616

1-855-241-4685

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Located at 409 13th Ave, Ecumen Scenic Shores is a senior housing facility in Two Harbors, Minnesota. With an average per-family income of $45,452, the community is in a primarily middle income area. It is sparsely populated, with ...

26 miles away from Silver Bay, MN

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