Silver Lake is a city located in McLeod County, Minnesota. Silver Lake has a 2025 population of 852. Silver Lake is currently declining at a rate of -0.35% annually and its population has decreased by -1.5% since the most recent census, which recorded a population of 865 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.
Data after 2023 is projected based on recent change
The racial composition of Silver Lake includes 91% White, and smaller percentages for Native American, Black or African American and multiracial populations.
White (91.0%)
Two or more races (7.4%)
Native American (0.9%)
Black or African American (0.8%)
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% |
Married
Widowed
Divorced
Separated
Never Married
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%.
Name | Median | Mean |
|---|---|---|
| Married Families | $99,375 | - |
| Families | $96,250 | $98,663 |
| Households | $75,000 | $86,376 |
| Non Families | $65,846 | $69,381 |
Average Income
Median Household Income
Poverty Rate