Silver Bay is a city in Lake County, Minnesota, home to about 1,769 people across 7.6 square miles. Its ZIP code is 55614.
Homes sold for a median of $156 per square foot in the three months ending August 2026, a balanced market.
Mostly Silver Bay; also Silver Creek Township (Lake County) and Beaver Bay Township
Each card is that ZIP code’s whole market, including any part outside Silver Bay. Seller’s market: under 4 months of supply; buyer’s market: over 6. Methodology
We’re writing up Silver Bay’s story and what everyday life there is like, for people thinking about moving in.
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| Nearest major airport | Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP)196 miles away |
|---|---|
| Closer regional airport | Duluth International Airport (DLH)58 miles away |
| Nearest city of 250,000+ | St. Paul, MN189 miles away |
| Nearest city of 1 million+ | Chicago, IL419 miles away |
Straight-line distances from the center of Silver Bay; driving is longer.
Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.
Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.
Silver Bay had 1,857 residents in the 2020 census, down 10% since 2000.
It’s the 381st largest of 2,727 towns in Minnesota by population.
Lake County grew from 4,654 residents in 1900 to 10,905 in 2020.
Lake County, 1900–2020
Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).
Average highs peak around 76°F in summer, and winter lows average 1°F. About 32.6 inches of rain and melted snow fall in a typical year, with about 94 inches of snow.
Source: NOAA 1991–2020 climate normals, Wolf Ridge Elc, MN weather station (6 miles away).
3,213 jobs at 340 businesses in Lake County. The biggest industries by employees:
Source: U.S. Census Bureau County Business Patterns 2023 (private employers; jobs counted where people work).
7 doctors and other health care providers list an office in Silver Bay.
Nearest hospitals
Providers with an office here
| Primary care doctors | 3 |
|---|---|
| Nurse practitioners and physician assistants | 2 |
| Mental health providers | 1 |
| Physical and occupational therapists | 1 |
| Pharmacies | 2 |
Source: Hospitals from CMS Hospital General Information (ratings are CMS overall star ratings); straight-line distances; providers from the CMS National Plan and Provider Enumeration System (NPPES), by practice address and primary specialty.
Grocery stores
Libraries
Museums
Counts are within about 2 miles of the center of town.
Source: Map data © OpenStreetMap contributors (openstreetmap.org/copyright), as mapped by volunteers; it can miss places or include closed ones.
Public schools here are run by Lake Superior Public School Dist.. Check each district’s attendance zones for a specific address.
| School | Grades | Students | Type | Distance |
|---|---|---|---|---|
| William Kelley ElementarySilver Bay | Pre-K–5 | 143 | Public | 5.3 mi |
| Wm. M. Kelley SecondarySilver Bay | 6–12 | 179 | Public | 5.4 mi |
Source: U.S. Department of Education, NCES: Common Core of Data (2024-2025) for public schools. Listed by address; we don’t rate schools.
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Shares ZIP codes with Silver Creek Township (Lake County), Beaver Bay Township, Lake No. 1 UT and Stony River.
Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.