Silver Lake is a city located in McLeod County, Minnesota. Silver Lake has a 2026 population of 850. Silver Lake is currently declining at a rate of -0.23% annually and its population has decreased by -1.73% since the most recent census, which recorded a population of 865 in 2020.
The median household income in Silver Lake is $74,432 with a poverty rate of 3.3%. The median age in Silver Lake is 43.7 years: 51.4 years for males, and 36.8 years for females. For every 100 females there are 133.5 males.
Data after 2023 is projected based on recent change
Overall: 43.7 years
Female: 36.8 years
Male: 51.4 years
There are 670 adults, (176 of whom are seniors) in Silver Lake.
Female: 349 (42.8%)
Male: 466 (57.2%)
The racial composition of Silver Lake includes 93.5% White, and smaller percentages for Native American, Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 762 | 93.5% |
| Two or more races | 37 | 4.54% |
| Native American | 12 | 1.47% |
| Black or African American | 4 | 0.49% |
Silver Lake 's average per capita income is $50,592. Household income levels show a median of $74,432. The poverty rate stands at 3.3%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $89,286 | - |
| Families | $88,214 | $99,179 |
| Households | $74,432 | $86,525 |
| Non Families | $65,772 | $72,744 |
Average Income
Median Household Income
Poverty Rate