United States › Minnesota › Silver Lake CITY
Silver Lake Minnesota · 849 residents (2025 est.) · 0.41 sq mi
Time machine
COMPARE TO 1990 Census 2000 Census 2009 ACS 2010 ACS 2011 ACS 2012 ACS 2013 ACS 2014 ACS 2015 ACS 2016 ACS 2017 ACS 2018 ACS 2019 ACS 2020 ACS 2021 ACS 2022 ACS 2023 ACS
The short version
Silver Lake is home to 815 people in Minnesota. 11% of adults hold a bachelor's degree, below the 36% national rate. 80% of homes are owner-occupied. The foreign-born share is 0%. At a median age of 43.7, this is an older place than the country as a whole. Home values have more than doubled since 2000, reaching $202,600.
At a glance
Lower income
below the US median
US median: $82,259
Older
median age 43.7
US median: 38.9
Less educated
11% hold a bachelor's degree
US average: 36%
Less affordable
home values up 37%, inflation adjusted
US median home: $376,019
Section 01
Population & growth from 761 in 2000
849 in 2025 (Census Bureau estimate)
1,983 / sq mi
+15%since 2009
from 1,725 / sq mi in 2009
US average: 281
from 35.0 in 2000
US average: 38.9
Population, 1990 – 2024
684 760 837 913 990 1990 2000 2010 2020 2024 Silver Lake Age distribution, 2024
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02
Income & economy $74,432
+11%inflation adjusted, since 2000
from $36,833 in 2000
US average: $82,259
from $18,126 in 2000
US average: $44,673
Households earning $100K+
from 15.1% in 2009
US average: 53.3%
from 7.3% in 2000
US average: 12.5%
from 0.380 in 2010
US average: 0.476
Workforce by industry, 2024
Professional, scientific, technical 12.1%
Arts, entertainment, food 2.4%
Transportation & warehousing 1.5%
Education & health services 0.9%
Public administration 0.6%
Agriculture, forestry, fishing 0.2%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
$202,600
+37%inflation adjusted, since 2000
from $81,400 in 2000
US average: $376,019
$844
+29%inflation adjusted, since 2000
from $360 in 2000
US average: $1,442
from 76.1% in 2000
19.8% rent
from 4.1% in 2009
US average: 10.0%
from 2.19 people in 2009
US average: 2.54
from 27.8% in 2009
US average: 22.9%
from 71.1% in 2009
US average: 47.4%
from 3.3 in 2009
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
Section 04
Race & ethnicity 2000
White, non-Hispanic 98.9%(753)
2024
White, non-Hispanic 93.3%(760)
Hispanic / Latino 2.5%(20)
from 10 in 2009
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 5 more ancestry groups with data from 8.7% in 2000
US average: 35.6%
High school or higher
from 80.6% in 2000
US average: 89.6%
from 2.5% in 2000
US average: 14.0%
Section 06
Commute & transportation from 17.8 min in 2000
US average: 26.5
from 87.8% in 2009
US average: 68.9%
from 6.1% in 2009
US average: 8.5%
from 0.0% in 2009
US average: 3.2%
from 4.2% in 2009
US average: 15.0%
from 2.0% in 2009
US average: 2.4%
from 0.0% in 2009
US average: 0.4%
from 3.7% in 2009
US average: 8.3%
Section 07
Work & employment from 8.1% in 2011
US average: 5.2%
from 68.0% in 2011
US average: 63.5%
Women 20-64 in the labor force
from 83.1% in 2020
US average: 74.6%
from 5.3% in 2009
US average: 13.1%
from 21.3% in 2009
US average: 42.5%
Section 08
People & community from 1.0% in 2009
US average: 14.1%
from 12.3% in 2009
US average: 6.2%
from 12.1% in 2012
US average: 13.3%
from 10.1% in 2013
US average: 8.4%
from 69.4% in 2017
US average: 91.0%
Computer in household
from 87.1% in 2020
US average: 95.5%
from 90.2% in 2020
US average: 87.7%
from 96.7% in 2016
US average: 77.7%
from 0.9% in 2016
US average: 13.6%
Marital status
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 10.1% in 2013
US average: 8.4%
from 71.7% in 2020
US average: 54.8%
Direct-purchase
from 15.9% in 2020
US average: 13.8%
from 15.1% in 2020
US average: 18.4%
from 10.3% in 2020
US average: 20.9%
VA health care
from 3.8% in 2020
US average: 2.2%
Any private
from 86.8% in 2020
US average: 67.1%
Any public
from 25.4% in 2020
US average: 36.7%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2024
Gulf War (2001 or later) 0%(0)
Share of the 42 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Drill deeper
Places similar to Silver Lake Head to head
Compare Silver Lake to nearby cities SILVER LAKE VS
Hutchinson
Income $72,836 −2%
Home value $229,600 +13%
Population 14,655 +1626%
SEE FULL COMPARISON →
SILVER LAKE VS
Waconia
Income $111,031 +49%
Home value $431,000 +113%
Population 14,113 +1562%
SEE FULL COMPARISON →
SILVER LAKE VS
Minnetrista
Income $163,051 +119%
Home value $658,300 +225%
Population 9,458 +1014%
SEE FULL COMPARISON →
SILVER LAKE VS
Buffalo
Income $88,820 +19%
Home value $314,400 +55%
Population 16,878 +1888%
SEE FULL COMPARISON →
Frequently asked
How many people live in Silver Lake, Minnesota? Silver Lake, Minnesota has about 815 residents according to the 2024 American Community Survey.
What is the median household income in Silver Lake, Minnesota? The typical household in Silver Lake, Minnesota earns about $74,432 a year. Half of households make more than that, and half make less.
Is Silver Lake, Minnesota expensive? In Silver Lake, Minnesota, the median home is worth about $202,600, and the typical rent is about $844 a month.
How educated are people in Silver Lake, Minnesota? About 10.8% of adults age 25 and over in Silver Lake, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Silver Lake, Minnesota? About 3.3% of people in Silver Lake, Minnesota live below the federal poverty line.
Has Silver Lake, Minnesota grown since 1990? Yes, Silver Lake, Minnesota has grown since 1990. The population has added about 38 residents, a change of about 5 percent over that period.
Keep going
Explore from here 