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
median household income $74,432, 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
Unique to this place
What stands out about Silver Lake
What changed most since 1990
Adults with a bachelor's degree7.7% → 10.8%(+3.1 pts)US over the same years: +15.3 pts
White share100.0% → 93.3%(−6.7 pts)US over the same years: −17.8 pts
Silver Lake's population equals 2.2% of McLeod County's. Its number of foreign-born residents equals 0.2% of the county's. Its number of residents living in poverty equals 0.8% of the county's.
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)
US avg: 26.4%
Gulf War (1990s)0%(0)
US avg: 24.3%
Vietnam era69%(29)
US avg: 33.1%
Korean War14.3%(6)
US avg: 4.5%
World War II0%(0)
US avg: 1%
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
Over time
Silver Lake, decade by decade
Silver Lake population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
777
$57,801
$107,763
7.7%
0.0
2000
761
$67,097
$148,283
8.7%
2.6
2010
837
$63,906
$202,551
11.7%
5.0
2020
866
$72,470
$163,140
7.7%
15.6
2024
815
$74,432
$202,600
10.8%
16.0
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
