Silver Lake is a city located in McLeod County Minnesota. Silver Lake has a 2024 population of 861. Silver Lake is currently declining at a rate of -0.12% annually and its population has decreased by -0.69% since the most recent census, which recorded a population of 867 in 2020.
The average household income in Silver Lake is $81,843 with a poverty rate of 5.26%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Silver Lake is 42.1 years, 47.9 years for males, and 34.6 years for females.
According to the most recent ACS, the racial composition of Silver Lake was:
White
Two or more races
Native American
Black or African American
Asian
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 351 | 2.28 | 79.2 | 20.8 |
| Non Family | 169 | 1.12 | 65.7 | 34.3 |
| Married | 151 | 2.99 | 98.7 | 1.3 |
| Female | 19 | 5.26 | 68.4 | 31.6 |
| Male | 12 | 4.83 | 41.7 | 58.3 |
3.33
Average Family Size
2.28
Average Household Size
79.2%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 9.36%.
All
Male
Female
$49,625
Average Earnings
$51,452
Average Male
$37,917
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
97% of Silver Lake residents speak only English, while 3% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.75% of the population.
rate
5.26%
Overall Poverty Rate
4.61%
Male Poverty Rate
5.94%
Female Poverty Rate
The race most likely to be in poverty in Silver Lake is Black, with 100% below the poverty level.
The race least likely to be in poverty in Silver Lake is Multiple, with 2.82% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 2.11%. Among those working part-time, it was 4.55%, and for those that did not work, the poverty rate was 10.75%.
Married
Widowed
Divorced
Separated
NeverMarried
41.2%
Overall Marriage Rate
36.0%
Male Marriage Rate
48.2%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
51.16%
Veteran Disability Rate
LaborForceParticipation
66.9%
Labor Force Participation
61.3%
Employment Rate
7.5%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
86.62%
Born in Silver Lake
99.15%
Native Born
0.85%
Foreign Born
0.85%
Non Citizen
0%
Naturalized
99.15% of Silver Lake residents were born in the United States, with 86.62% having been born in Minnesota. 0.85% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 853 | -2 | -0.23% |
| 2028 | 855 | -1 | -0.12% |
| 2027 | 856 | -2 | -0.23% |
| 2026 | 858 | -1 | -0.12% |
| 2025 | 859 | -2 | -0.23% |
| 2024 | 861 | -1 | -0.12% |
| 2023 | 862 | -2 | -0.23% |
| 2022 | 864 | -2 | -0.23% |
| 2021 | 866 | -1 | -0.12% |
| 2020 | 867 | 55 | 6.77% |
| 2019 | 812 | -5 | -0.61% |
| 2018 | 817 | -6 | -0.73% |
| 2017 | 823 | -1 | -0.12% |
| 2016 | 824 | -5 | -0.6% |
| 2015 | 829 | 0 | 0% |
| 2014 | 829 | -5 | -0.6% |
| 2013 | 834 | -3 | -0.36% |
| 2012 | 837 | -10 | -1.18% |
| 2011 | 847 | -8 | -0.94% |
| 2010 | 855 | 0 | 0% |