Zip code 55614: Silver Bay, Minnesota

Q: What city is zip code 55614?

55614 is assigned to Silver Bay, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 55614 in?

55614 is in Lake County, Minnesota.

Q: What is the population of 55614?

About 2,485 people live in 55614, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 55614?

The median household income in 55614 is $72,981.

Q: What zip codes are near 55614?

The closest zip codes to 55614 are 55601, 55616, 55603, 55607, 55613.

Residential delivery areaLake CountyCentral Time

Population

2,485

Median household income

$73K

U.S. $81K

Median home value

$182K

U.S. $333K

Median rent

$1,138/mo

U.S. $1,413

Median age

51.8

U.S. 38.9

Land area

218 sq mi

11 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 55614

55614 is a rural zip code in Silver Bay, Minnesota (Lake County), covering 218 sq mi of land. About 2,485 people live here, or 11 per square mile. The median resident is 51.8 years old, compared with 38.9 nationally.

The median household earns $72,981 a year, close to the national median of $80,734. 9.7% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $181,700, or 2.5 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 86% of occupied homes are lived in by their owners, and renters pay a median of $1,138 a month.

25% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 21.5 minutes each way, and 13% of workers work from home. The most common jobs among working residents are in cleaning and personal care; management; and office and administrative support. 18% of them are self-employed (U.S.: 10%).

How 55614 compares

Sorted from highest to lowest national percentile

Residents 65 and older32.2%
98th
U.S. 17.2% · MN 17.3%61st of 854 in MN
Government workers28.5%
97th
U.S. 14.5% · MN 12.9%29th of 852 in MN
Median age51.8
96th
U.S. 38.9 · MN 38.8113th of 854 in MN
Self-employed workers18.2%
96th
U.S. 10% · MN 9.3%144th of 852 in MN
Housing vacancy18%
91st
U.S. 10.1% · MN 9.3%234th of 851 in MN
Homeownership rate85.5%
90th
StrengthU.S. 65.2% · MN 72.2%371st of 851 in MN
Median earnings per worker$58,462
73rd
U.S. $49,666 · MN $54,389152nd of 851 in MN
Per capita income$45,373
63rd
U.S. $44,673 · MN $48,237243rd of 853 in MN
Veterans6.5%
59th
U.S. 6.2% · MN 5.9%463rd of 854 in MN
Income inequality (Gini)0.441
56th
U.S. 0.483 · MN 0.453218th of 848 in MN
Work from home12.5%
49th
U.S. 15.1% · MN 17.6%380th of 852 in MN
Poverty rate9.7%
43rd
U.S. 12.5% · MN 9.3%346th of 852 in MN
Median household income$72,981
40th
U.S. $80,734 · MN $89,062524th of 846 in MN
Bachelor's degree or higher24.9%
34th
U.S. 35.7% · MN 39.4%394th of 854 in MN
Median gross rent$1,138
31st
U.S. $1,413 · MN $1,280220th of 757 in MN
Average commute21.5 min
20th
StrengthU.S. 26.4 min · MN 22.7 min579th of 849 in MN
Broadband access87.3%
20th
WeaknessU.S. 91% · MN 91.6%551st of 851 in MN
Residents under 1818.3%
20th
U.S. 22% · MN 22.9%687th of 854 in MN
Median home value$181,700
17th
U.S. $332,700 · MN $329,300604th of 842 in MN
Healthcare workers7.1%
16th
U.S. 9.7% · MN 10.9%704th of 852 in MN
Rent-burdened renters39%
14th
StrengthU.S. 51.1% · MN 48.1%474th of 828 in MN
Foreign-born residents1.8%
11th
U.S. 14.1% · MN 8.7%433rd of 854 in MN
Diversity index16.2
9th
U.S. 61.4 · MN 41.1515th of 854 in MN
Unemployment rate2.1%
6th
StrengthU.S. 5.2% · MN 4.1%623rd of 853 in MN
Population2,485
4th
U.S. 334,922,499 · MN 5,739,445374th of 854 in MN
Uninsured rate1.4%
2nd
StrengthU.S. 8.4% · MN 4.7%788th of 853 in MN
Population density11/sq mi
1st
U.S. 95/sq mi · MN 72/sq mi636th of 854 in MN
Tech workers0%
1st
U.S. 3.8% · MN 4%787th of 852 in MN

Measure	55614	Lake	MN	U.S.	National percentile	Rank in MN
Residents 65 and older	32.2%	27.9%	17.3%	17.2%	98th	61st of 854
Government workers	28.5%	16.6%	12.9%	14.5%	97th	29th of 852
Median age	51.8	49.4	38.8	38.9	96th	113th of 854
Self-employed workers	18.2%	12.7%	9.3%	10%	96th	144th of 852
Housing vacancy	18%	33.7%	9.3%	10.1%	91st	234th of 851
Homeownership rateStrength	85.5%	83.5%	72.2%	65.2%	90th	371st of 851
Median earnings per worker	$58,462	$51,619	$54,389	$49,666	73rd	152nd of 851
Per capita income	$45,373	$41,362	$48,237	$44,673	63rd	243rd of 853
Veterans	6.5%	7.8%	5.9%	6.2%	59th	463rd of 854
Income inequality (Gini)	0.441	0.402	0.453	0.483	56th	218th of 848
Work from home	12.5%	13.2%	17.6%	15.1%	49th	380th of 852
Poverty rate	9.7%	8.6%	9.3%	12.5%	43rd	346th of 852
Median household income	$72,981	$75,541	$89,062	$80,734	40th	524th of 846
Bachelor's degree or higher	24.9%	26.8%	39.4%	35.7%	34th	394th of 854
Median gross rent	$1,138	$1,093	$1,280	$1,413	31st	220th of 757
Average commuteStrength	21.5 min	24.8 min	22.7 min	26.4 min	20th	579th of 849
Broadband accessWeakness	87.3%	87.6%	91.6%	91%	20th	551st of 851
Residents under 18	18.3%	19.1%	22.9%	22%	20th	687th of 854
Median home value	$181,700	$241,300	$329,300	$332,700	17th	604th of 842
Healthcare workers	7.1%	8.7%	10.9%	9.7%	16th	704th of 852
Rent-burdened rentersStrength	39%	45%	48.1%	51.1%	14th	474th of 828
Foreign-born residents	1.8%	1.3%	8.7%	14.1%	11th	433rd of 854
Diversity index	16.2	10.9	41.1	61.4	9th	515th of 854
Unemployment rateStrength	2.1%	2.6%	4.1%	5.2%	6th	623rd of 853
Population	2,485	10,879	5,739,445	334,922,499	4th	374th of 854
Uninsured rateStrength	1.4%	4.9%	4.7%	8.4%	2nd	788th of 853
Population density	11/sq mi	5/sq mi	72/sq mi	95/sq mi	1st	636th of 854
Tech workers	0%	0.9%	4%	3.8%	1st	787th of 852

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Under 5

13%

5–17

18–24

25–34

35–44

11%

45–54

16%

55–64

18%

65–74

14%

75+

Median age

51.8

Under 18

18.3%

65 and over

32.2%

Race and ethnicity

White91%
Black0%
Hispanic2%
Asian1%
Native American0%
Pacific Islander0%
Other0.2%
Multiracial5%

Diversity index

16.2

U.S. 61.4

Foreign-born

1.8%

U.S. 14.1%

Born in state

79.4%

Language spoken at home (households)

English only

96%

Spanish

Other Indo-European

Asian / Pacific

0.9%

Other

0.3%

Households

Households: 1,240
Average household size: 1.9
Family households: 56.5%
Married couples: 43.4%
Living alone: 34.9%
Veterans (of adults): 6.5%
Male / female: 51% / 49%

Income and poverty

Household income distribution

<$25k

19%

$25–50k

21%

$50–75k

12%

$75–100k

14%

$100–150k

18%

$150–200k

11%

$200k+

Median household income

55614

$72,981

Lake Co.

$75,541

Minnesota

$89,062

United States

$80,734

Per capita income

$45,373

U.S. $44,673

Poverty rate

9.7%

U.S. 12.5%

Households earning $150K+

16.3%

U.S. 23%

Income inequality (Gini)

0.441

U.S. 0.483

Housing

Median home value

55614

$181,700

Lake Co.

$241,300

Minnesota

$329,300

United States

$332,700

Median gross rent

55614

$1,138

Lake Co.

$1,093

Minnesota

$1,280

United States

$1,413

Types of housing

Single-family

94%

2–4 units

5–19 units

20+ units

Mobile home

0.6%

Boat, RV, van

Housing units: 1,512
Owner-occupied: 85.5%
Vacant: 18%
Median year built: 1961
Median rooms: 5.5
Renters paying 30%+ of income: 39%
Renters paying 50%+ of income: 31.4%
Home value to income: 2.5× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

78%

Carpooled

Transit

Walked

Bicycle

0.2%

Worked from home

12%

Other

Commute time (one way)

<10 min

42%

10–19

16%

20–29

30–44

20%

45–59

60+

10%

Average commute

21.5 min

U.S. 26.4 min

Unemployment

2.1%

U.S. 5.2%

In labor force

48.8%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Cleaning and personal care

15%

Management

14%

Office and admin

12%

Construction and repair

11%

Healthcare

Transportation and moving

Production

Sales

Engineering and science

Food service

Education

Business and finance

Legal and social services

Arts, media and sports

Police and fire

Computer and math

Farming, fishing and forestry

Industries

Health care and social assistance

16%

Retail

13%

Public administration

11%

Construction

10%

Agriculture and mining

10%

Restaurants and hotels

Manufacturing

Admin, support and management

Finance, insurance and real estate

Education

Other services

Information

Arts and recreation

Professional and technical services

Transportation, warehousing and utilities

0.6%

Wholesale

Median earnings per worker

$58,462

U.S. $49,666

Self-employed

18.2%

U.S. 10%

Government workers

28.5%

U.S. 14.5%

Nonprofit workers

6.6%

U.S. 8.8%

Median earnings by type of work

Type of work	55614	U.S.
Management, business, science and arts	$77,083	$74,888
Service	$30,347	$26,804
Sales and office	$51,176	$40,476
Construction and maintenance	$83,988	$49,199
Production and transportation	$72,786	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

30%

Some college

27%

Associate's

15%

Bachelor's

19%

Graduate

High school graduate or higher: 97%
Bachelor's degree or higher: 24.9%
Graduate or professional degree: 5.5%
Households with broadband: 87.3%
Cable, fiber or DSL: 66.7%
No internet access: 9.8%
Without health insurance: 1.4%
Limited-English households: 0.3%

Geography

City (USPS): Silver Bay
State: Minnesota
County: Lake County
Center point: 47.3457° N, 91.3824° W
Land area: 218 sq mi
Water area: 18 sq mi
Time zone: Central Time (UTC-6, UTC-5 in summer)
Zip type: Residential delivery area

Cities and towns within this zip

Silver Bay4% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 55614

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
55601	Beaver Bay, MN	7.6 mi	128	$56,250	$242,400
55616	Two Harbors, MN	16 mi	7,250	$76,127	$259,200
55603	Finland, MN	16 mi	490	$61,875	$216,700
55607	Isabella, MN	20 mi	192	$87,857	$213,200
55613	Schroeder, MN	24 mi	232	$58,958	$405,600
55602	Brimson, MN	26 mi	346	$73,750	$247,600
55750	Hoyt Lakes, MN	30 mi	2,068	$65,833	$93,300
55609	Knife River, MN	32 mi	131	$78,208	—
55706	Babbitt, MN	36 mi	1,703	$56,750	$112,500
55615	Tofte, MN	37 mi	379	$61,042	$276,100
55804	Duluth, MN	39 mi	15,922	$111,228	$315,300
54827	Cornucopia, WI	40 mi	300	$90,000	$263,900

Zip codes like 55614 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 55614

What city is zip code 55614?

55614 is assigned to Silver Bay, Minnesota. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 55614 in?

55614 is in Lake County, Minnesota.

What is the population of 55614?

About 2,485 people live in 55614, according to the Census Bureau's American Community Survey.

What time zone is 55614 in?

55614 is in Central Time.

What is the median household income in 55614?

The median household income in 55614 is $72,981.

What zip codes are near 55614?

The closest zip codes to 55614 are 55601, 55616, 55603, 55607, 55613.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 55614, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.