2025 Compare Cities Economy:
Silver Bay, MN vs Two Harbors, MN

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Highlights
- Household income in Two Harbors, is 11% less than it is in Silver Bay and is 27% below the National Average.
- Silver Bay unemployment rate is 5.1%.
- Two Harbors unemployment rate is 5.1%.
 Silver Bay, MNTwo Harbors, MNUnited States
 Unemployment Rate  Unlock5.1%6.0%
 Recent Job Growth  Unlock5.1%1.6%
 Future Job Growth36.7%  Unlock33.5%
 Sales Taxes7.4%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$38,659  Unlock$37,638
 Household Income  Unlock$54,498$69,021
 Family Median Income$83,864  Unlock$85,028
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 Est. Households By Income
 Silver Bay, MNTwo Harbors, MNUnited States
 Income Less Than 15K  Unlock12.3%9.4%
 Income between 15K and 20K9.5%  Unlock3.8%
 Income between 20K and 30K  Unlock11.3%8.1%
 Income between 30K and 40K9.8%  Unlock8.0%
 Income between 40K and 50K  Unlock7.5%7.6%
 Income between 50K and 60K3.7%  Unlock7.2%
 Income between 60K and 75K  Unlock13.2%9.6%
 Income between 75K and 100K10.6%  Unlock12.8%
 Income between 100K and 150K  Unlock17.9%16.3%
 Income between 150K and 200K3.5%  Unlock7.8%
 Income greater than 200K  Unlock1.1%9.5%
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 Population By Occupation
 Silver Bay, MNTwo Harbors, MNUnited States
 Management, business, finance11.9%  Unlock16.4%
 Engineering, computers, science  Unlock5.0%6.5%
 Community, social services2.9%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library7.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.4%2.0%
 Healthcare practitioners and technology10.7%  Unlock6.2%
 Healthcare support  Unlock4.3%3.3%
 Firefighters, law enforcement2.6%  Unlock2.1%
 Food preparation, serving  Unlock8.2%5.4%
 Building maintenance3.6%  Unlock3.6%
 Personal care  Unlock0.4%2.6%
 Sales, office, administrative support17.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair4.0%  Unlock8.1%
 Production, transportation, material moving  Unlock16.6%13.1%
Reviews for Silver Bay    0 Reviews

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Reviews for Two Harbors    1 Reviews

Over 18 years ago

I grew up in Two Harbors Minnesota, i loved it there. The climate there is like other Minnesota cities. Usually very cold in the winter and more of a warmer summer.   More

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