Silver bay is located in Lake county Minnesota with a geographic area of 7.6 square miles. The total population in Silver bay is 1,610 with 45.6% male and 54.4% female. Children under age 5 represent 3.8% of the population, under age 18 equal 16.8% of the population and over age 65 is 27.4% of the population. The median household income is $56,058, per capita income is $34,459. There are a total of 809 housing units with 87.4% owner occupied. Education includes 28.3% of residents that are high school graduates and 26.1% with a bachelor's degree or higher. The average temperature in Silver bay in the summer is 68 degrees, and in the winter 9 degrees.