Silver Lake

County:: McLeod County
County Seat:: No
Area (mi²):: 0.411
State:: Minnesota

Silver Lake is a city located in McLeod County, Minnesota. Silver Lake has a 2025 population of 857. Silver Lake is currently declining at a rate of -0.23% annually and its population has decreased by -1.15% since the most recent census, which recorded a population of 867 in 2020.

The average household income in Silver Lake is $86,376 with a poverty rate of 4.7%.The median age in Silver Lake is 40 years: 47.1 years for males, and 28.5 years for females.

Demographics

The racial composition of Silver Lake includes 91% White, and smaller percentages for Native American, Black or African American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	839	91%
Two or more races	68	7.38%
Native American	8	0.87%
Black or African American	7	0.76%

Silver Lake Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Silver Lake's average per capita income is $50,540. Household income levels show a median of $75,000. The poverty rate stands at 4.7%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$99,375	-
Families	$96,250	$98,663
Households	$75,000	$86,376
Non Families	$65,846	$69,381

$50,540

Average Income

$75,000

Median Household Income

4.7%

Poverty Rate