Last updated: 2024 BLS data · Page refreshed:
Silver Lake has a population of 815 with a median age of 43.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 815 |
| Median Age | 43.7 |
| White | 93.5% |
| Black or African American | 0.5% |
| Hispanic or Latino | 2.5% |
| Other / Two or More Races | 3.5% |
The median household income in Silver Lake is $74,432, which is 7.7% below the national median of $80,610. The per capita income is $40,169. The poverty rate is 3.3%.
Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.
In Silver Lake, 84.9% of residents age 25+ have a high school diploma or higher, and 10.8% hold a bachelor's degree or higher (3.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.9% |
| Bachelor's Degree or Higher | 10.8% |
| Graduate or Professional Degree | 3.6% |
The median home value in Silver Lake is $202,600, below the national median of $303,400. The median monthly rent is $844. The homeownership rate is 80.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $202,600 |
| Median Monthly Rent | $844 |
| Homeownership Rate | 80.2% |
| Vacancy Rate | 5.4% |
Explore salary data for popular occupations in Minnesota:
Find resources to help plan your move, explore homes, and compare insurance rates in Minnesota.
Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.
Join Americans who use data to make smarter decisions. Privacy Policy