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AREA INFORMATION

55601 (Beaver Bay, MN)

Explore the real estate in 55601 (Beaver Bay, MN)

Area Highlights

55601 (Beaver Bay, MN) residents have a median age of 52.8 years old, with employment highest in the construction and administrative support industries.

25 Population

The population has increased by 2% since the year 2010.

10 Households

$76,271 /yr
Median Household Income

24m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

52.8 Median Age

Average Household Size

2.5
persons per
household

55.9%

Married Households

Community Population By Education

Bachelors Degree 24%
Associates Degree 23%
High School Graduate 21%
Some College 21%
Graduate Degree 10%
Some High School <1%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 23.7% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
31% of households have children

Economics

$76,271 /yr
Median Household Income
$0
Median Sales Price
24 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 17.26% of the households.

Transportation to Work

  • Drive 90%
  • Work from Home 8%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 9 64%
Vacant 4 29%
Rented 1 7%

White vs Blue Collar Jobs







White Collar 71%
Blue Collar 29%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 52.8 years old. The smallest percentage group is 65-74 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 93%
Hispanic 2%
Native American <1%
Asian <1%
Other <1%
Black <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 2%, Native American at <1%, and Asian at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

76° July
Hottest Average Month
-0° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
-0°
19°
Feb
3°
23°
Mar
15°
33°
Apr
27°
47°
May
38°
60°
Jun
48°
70°
Jul
53°
76°
Aug
53°
74°
Sep
45°
64°
Oct
34°
52°
Nov
21°
36°
Dec
7°
24°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$85,000
For sale
0.66 acres

TBD MacDonald Ave
Beaver Bay, MN 55601

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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