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. For every 100 females there are 121.6 males.
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%)
Two or more races (7.38%)
Native American (0.87%)
Black or African American (0.76%)
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