City profile · Minnesota · Census ACS 2023

Silver Lake, MN

Population, income, housing, safety, climate and schools for Silver Lake - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

922
Residents
$75,000
Median income
$184,800
Median home
$999
Median rent (state)

Silver Lake - the verdict

Out of every US city with 1,000+ residents, Silver Lake places in the 56th percentile for household income. Source: Census ACS.

56th
percentile, household income
38th
percentile, home value
19th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Silver Lake, MN

922 people live in Silver Lake, Minnesota - a small town by U.S. Census Bureau ACS 2023 estimates. Median household income here is $75,000 per year, above the median for U.S. cities on this measure, with a poverty rate of 5.8%. Home values in Silver Lake run a median of $184,800, and the median resident age is 40.0 years. 12.3% of adults here have a bachelor's degree or higher; 67.5% of working-age residents are in the labor force.

The Census Building Permit Survey recorded 0 residential units authorized here in 2024 (No Permits), down 100% from five years earlier.

Minnesota tracks close to the national cost-of-living baseline: BEA Regional Price Parities 2024 puts Minnesota at 98.6 on a 100-equals-national-average scale (Near Average). Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $999 monthly. Monthly utility costs average around $225 across Minnesota, per EIA 2023 residential energy estimates. On FEMA's National Risk Index, this area rates 46.6 out of 100 for natural-hazard exposure (Low).

Population

922 residents

Census ACS 2023 - Minnesota

Median Household Income

$75,000 /yr

Poverty 5.8%

Cost of Living Index (state)

98.6 (US=100)

Near Average - BEA RPP 2024, Minnesota average

How does Silver Lake compare to other US cities?

Here's how Silver Lake stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 56% higher than other cities
Home value 38% pricier than other cities
Median rent 19% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Silver Lake against every qualifying US city; each in-state rank narrows that to Minnesota only. Full formula and direction notes: methodology.

Minnesota-relative analysis

Bachelor's Degree or Higher places Silver Lake toward the bottom of Minnesota's cities

Among the 784 Minnesota cities PlainCities tracks with reported bachelor's degree or higher data, Silver Lake ranks #629 - the 19th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Silver Lake only against its own state's cities, not the full US field.

Median Household Income
#304 of 775
61st percentile in Minnesota
Median Gross Rent
#476 of 785
38th percentile in Minnesota
Median Home Value
#354 of 774
54th percentile in Minnesota
Poverty Rate
#364 of 785
53rd percentile in Minnesota
Bachelor's Degree or Higher
#629 of 784
19th percentile in Minnesota

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Minnesota only, not a livability score. See the methodology for the source and calculation.

56thIncome percentile

56th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Silver Lake's home value compares nationally

Median home value vs. every US city (population 1,000+)

$184,800 Among the most affordable more affordable than 62% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). This entry sits in this band. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Silver Lake $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Silver Lake, MN Silver Lake, MN's reported median household income shown against the U.S. national quintile-share pattern (not Silver Lake, MN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Silver Lake, MN median $75,000/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Silver Lake, MN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Silver Lake, MN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 12.3%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 5.8%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 67.5%

Census ACS S2301, share of working-age residents in the labor force

Population
922
Median Income
$75,000
Median Home Value
$184,800
Median Age
40.0
Poverty Rate
5.8%
Labor force participation
67.5%
Bachelor's Degree+
12.3%

Schools

Total Schools
1
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
840 residents850 residents860 residents870 residents 202020212022202320242025 866 residents 849 residents ▼ -2.0%
Silver Lake's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

Total Permits (2024)
0
housing units authorized
Single-Family
0
detached homes
Multifamily
0
apartments & condos

5-Year Permit Trend (2019–2024)

Year Total
2019 1
2020 2
2021 2
2022 0
2023 0
2024 0

Permit volume decreased 100% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
83.5%
Carpool
8.8%
Public Transit
0.0%
Walk
2.4%
Work from Home
4.7%
Other
0.6%

Based on 509 workers 16 and over.

Monthly Utility Costs

State-average estimates for Minnesota - EIA 2023 residential energy data

Electricity
$95
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Minnesota state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Minnesota state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Silver Lake sits in

Cost of Living Index
98.6
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$999/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
46.6 / 100
Low
FEMA NRI composite score (county)

Similar Cities in Minnesota

Browerville
922 people
Harris
924 people
Pine River
928 people
Henderson
933 people
Sherburn
946 people
Mazeppa
948 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Silver Lake's 922 residents (Census ACS 5-Year 2023).

Hillsdale, MO
922 people
Wishek, ND
922 people
Knappa, OR
922 people
Meadowview, VA
922 people
Wilbur, WA
922 people
Whitelaw, WI
922 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Silver Lake's $75,000 (Census ACS 5-Year 2023, table B19013).

Scranton, AR
$75,000 median income
Auberry, CA
$75,000 median income
University of California-Santa Barbara, CA
$75,000 median income
Southern Ute, CO
$75,000 median income
Cheswold, DE
$75,000 median income
Medora, IL
$75,000 median income

Race & Ethnicity Composition

Race and ethnicity - Silver Lake, MN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Silver Lake, MN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 91.0% 7.4% ETHNICITY, Hispanic or Latino (any race) 5.5% White 91.0% Black or African American 0.8% Asian 0.0% American Indian 0.9% Native Hawaiian 0.0% Some other race 0.0% Two or more races 7.4% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Silver Lake compares to nearby Minnesota cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Silver Lake (this city) 922 $75,000
Browerville 922 $46,100
Harris 924 $92,727
Pine River 928 $39,858
Census ACS 5-year FIPS MN NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Silver Lake, MN?

What is the population of Silver Lake, MN? +

Silver Lake, MN counts 922 residents according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Silver Lake, MN? +

The median household income in Silver Lake is $75,000 per year, based on Census ACS 2023 data.

What is the cost of living in Silver Lake? +

BEA does not publish a city-level cost-of-living figure for Silver Lake; the closest available measure is the Minnesota state average, a cost of living index of 98.6 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Minnesota vary by metro area.

What is the median home value in Silver Lake, MN? +

The median home value in Silver Lake is $184,800, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.