United States › Minnesota › Silver Lake CITY · 2020 ACS
Silver Lake Minnesota · 866 residents · 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 2021 ACS 2022 ACS 2023 ACS 2024 ACS
The short version
Silver Lake is home to 866 people in Minnesota. 8% of adults hold a bachelor's degree, below the 33% national rate. 80% of homes are owner-occupied. The foreign-born share is 1%. At a median age of 43.3, this is an older place than the country as a whole. Home values have risen by half since 2000, reaching $134,600.
At a glance
Lower income
median household income $59,792, below the US median
US median: $66,278
Older
median age 43.3
US median: 38.8
Less educated
8% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01
Population & growth 2,107 / sq mi
+14%since 2000
from 1,852 / sq mi in 2000
US average: 280
from 35.0 in 2000
US average: 38.8
Population, 1990 – 2024
684 760 837 913 990 1990 2000 2010 2020 2024 Silver Lake Age distribution, 2020
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Section 02
Income & economy $59,792
+8%inflation adjusted, since 2000
from $36,833 in 2000
US average: $66,278
from $18,126 in 2000
US average: $35,364
Households earning $100K+
from 15.1% in 2009
US average: 43.9%
from 7.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Professional, scientific, technical 6.6%
Transportation & warehousing 3%
Public administration 1.3%
Education & health services 1.1%
Agriculture, forestry, fishing 0.2%
Arts, entertainment, food 0%
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$134,600
+10%inflation adjusted, since 2000
from $81,400 in 2000
US average: $265,253
$636
+18%inflation adjusted, since 2000
from $360 in 2000
US average: $1,124
from 76.1% in 2000
20.0% rent
from 2.19 people in 2009
US average: 2.61
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.
Section 04
Race & ethnicity 2000
White, non-Hispanic 98.9%(753)
2020
White, non-Hispanic 93.3%(808)
Hispanic / Latino 2.7%(23)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 2 more ancestry groups with data from 8.7% in 2000
US average: 32.9%
High school or higher
from 80.6% in 2000
US average: 88.5%
from 2.5% in 2000
US average: 12.7%
Section 06
Commute & transportation from 17.8 min in 2000
US average: 26.9
from 87.8% in 2009
US average: 75.1%
from 3.7% in 2009
US average: 8.4%
Section 07
Work & employment from 8.1% in 2011
US average: 5.4%
from 68.0% in 2011
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
from 21.3% in 2009
US average: 39.3%
Section 08
People & community from 1.0% in 2009
US average: 13.5%
from 10.1% in 2013
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 10.1% in 2013
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
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, 2020
Gulf War (2001 or later) 6.8%(3)
Share of the 44 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.
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Drill deeper
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SILVER LAKE VS
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Frequently asked
How many people live in Silver Lake, Minnesota? Silver Lake, Minnesota has about 866 residents according to the 2020 American Community Survey.
What is the median household income in Silver Lake, Minnesota? The typical household in Silver Lake, Minnesota earns about $59,792 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 $134,600, and the typical rent is about $636 a month.
How educated are people in Silver Lake, Minnesota? About 7.7% 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 6.7% 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 89 residents, a change of about 11 percent over that period.
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