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Silver Lake, MN

Comprehensive demographics, housing data, local amenities, and economic statistics for Silver Lake.

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Community Insights

Leading Industries
Retail · Transportation · Construction
23% retail
Home Value Growth⬆⬆
+19.0% over 2 years
Young Adults
25% of residents
Homeowners
85% of occupied units

People & Demographics

Total Population823
Households
Under 18
21.0%
Age 18–34
25.0%
Age 35–64
35.0%
Age 65+
19.0%
Veterans
7.0%
Active Duty
0.0%

Housing & Living

Median Home Value$237,400
Median Gross Rent$845/mo
Owner Occupied
85.3%
Renter Occupied
14.7%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$79,708
Poverty Rate

Key Industries

Healthcare7.0%
Professional Services1.0%
Manufacturing0.0%
Retail23.0%
Education1.0%

Amenities & Transit

Transit Score76 / 100
Walkability / Amenities58 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
13.0%
Master's or Higher
2.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Silver Lake?

The total population of Silver Lake is approximately 823. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Silver Lake walkable and transit-friendly?

Based on local geographic data, Silver Lake has an amenity and walkability score of 58/100 and a transit score of 76/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Silver Lake?

The housing market in Silver Lake is predominantly driven by homeowners, with 85% of housing units being owner-occupied and 15% being renter-occupied.

What is the education level of residents in Silver Lake?

In Silver Lake, approximately 13% of adult residents hold a bachelor's degree or higher. Additionally, 2% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.