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CITY · 2010 ACS

Silver Lake

Minnesota · 837 residents · 0.411 sq mi
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The short version

Silver Lake has lower-than-average household income, with a median household income of $44,423. Population has held roughly steady since 2000. 12% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has risen by half since 2000, reaching $140,800.

At a glance
Lower income
below the US median
US median: $52,703
Younger
median age 35.0
US median: 37.2
Less educated
12% hold a bachelor's degree
US average: 28%
Less affordable
home values up 37%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

837
+10%since 2000
from 761 in 2000
1990 – 2025
2,036 / sq mi
+10%since 2000
from 1,852 / sq mi in 2000
US average: 261
35.0
Unchangedsince 2000
from 35.0 in 2000
US average: 37.2
Population, 19902024
6847608379139901990201020202024Silver Lake
2024815
1990201020202024
Section 02

Income & economy

$44,423
−5%inflation adjusted, since 2000
from $36,833 in 2000
US average: $52,703
1990 – 2024
$22,171
+22%since 2000
from $18,126 in 2000
US average: $27,286
Households earning $100K+
21.4%
+6.3 ptssince 2009
from 15.1% in 2009
US average: 33.3%
11.9%
+4.5 ptssince 2000
from 7.3% in 2000
US average: 13.8%
0.380
US average: 0.461
Workforce by industry, 2010
Retail trade47.9%
US avg: 10.9%
Information6.6%
US avg: 11.5%
Wholesale trade5.4%
US avg: 7.2%
Other services3.6%
US avg: 7%
Public administration3.6%
US avg: 4.9%
Transportation & warehousing0.9%
US avg: 3.1%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Finance & insurance0%
US avg: 5.1%
Professional, scientific, technical0%
US avg: 4.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$140,800
+37%inflation adjusted, since 2000
from $81,400 in 2000
US average: $225,659
1990 – 2024
$494
+8%inflation adjusted, since 2000
from $360 in 2000
US average: $853
49.7%
−26.3 ptssince 2000
from 76.1% in 2000
24.4% rent
5.5%
+1.4 ptssince 2009
from 4.1% in 2009
US average: 12.1%
30.2%
+2.4 ptssince 2009
from 27.8% in 2009
US average: 30.9%
65.8%
−5.3 ptssince 2009
from 71.1% in 2009
US average: 46.8%
3.2
+43%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in Silver Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.9%(753)
Black0.1%(1)
Hispanic / Latino0.7%(5)
Asian0%(0)
Other0%
Diversity Score2%(15)
2010
White, non-Hispanic98%(820)
Black0%(0)
Hispanic / Latino1.4%(12)
Asian0.2%(2)
Other0%(0)
Diversity Score4.1%(35)
4
+111%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

11.7%
+3.0 ptssince 2000
from 8.7% in 2000
US average: 27.9%
High school or higher
86.7%
+6.1 ptssince 2000
from 80.6% in 2000
US average: 84.9%
4.0%
+1.5 ptssince 2000
from 2.5% in 2000
US average: 10.2%
Section 06

Commute & transportation

26.1 min
+47%since 2000
from 17.8 min in 2000
US average: 25.2
84.0%
−3.8 ptssince 2009
from 87.8% in 2009
US average: 76.2%
9.3%
+3.1 ptssince 2009
from 6.1% in 2009
US average: 10.4%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
5.2%
+1.1 ptssince 2009
from 4.2% in 2009
US average: 4.1%
1.5%
−0.4 ptssince 2009
from 2.0% in 2009
US average: 2.8%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
3.2%
−0.5 ptssince 2009
from 3.7% in 2009
US average: 8.7%
Section 07

Work & employment

6.6%
+1.3 ptssince 2009
from 5.3% in 2009
US average: 12.9%
26.6%
−28.3 ptssince 2009
from 54.9% in 2009
US average: 35.2%
Section 08

People & community

48.4%
−1.4 ptssince 2009
from 49.8% in 2009
51.6%
+1.4 ptssince 2009
from 50.2% in 2009
1.1%
+0.1 ptssince 2009
from 1.0% in 2009
US average: 12.8%
11.0%
−42.3 ptssince 2009
from 53.3% in 2009
US average: 9.9%
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Frequently asked

How many people live in Silver Lake, Minnesota?

Silver Lake, Minnesota has about 837 residents according to the 2010 American Community Survey.

What is the median household income in Silver Lake, Minnesota?

The typical household in Silver Lake, Minnesota earns about $44,423 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 $140,800, and the typical rent is about $494 a month.

How educated are people in Silver Lake, Minnesota?

About 11.7% 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 11.9% 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 60 residents, a change of about 8 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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