Silver Lake, MN
Full City Profile · Minnesota · McLeod County County
3.7
/5.0
B+
Good
922
Population
2,249/sq mi density
$75,000
Median Income
$36,252 per capita
$184,800
Home Value
$310,357 Zillow
$769
Median Rent
13.3% income on rent
45°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$75,000 median income, 5.2% unemployment
A+
Affordability
5.0 / 5.0
$184,800 home value, $769/mo rent
D
Education
2.0 / 5.0
12.3% bachelor's degree or higher
Population Overview
Total Population
922
Census 2023
Population Density
2,249
per square mile
Land Area
0.4
square miles (1.1 km²)
Median Age
40.0 yrs
3% above US avg (38.9 yrs)
Gender Distribution
54.9%
Male
45.1%
Female
Race & Ethnicity
| White | 91% US: 61.6% |
| Black | 0.8% US: 12.4% |
| Hispanic | 5.5% US: 18.7% |
| Asian | 0% US: 5.9% |
| Other | 2.7% |
City vs. U.S. Average
White
91%
Black
0.8%
Hispanic
5.5%
Asian
0%
Thin line = U.S. average
Language Spoken at Home
| English Only | 97.3% US: 78.5% |
| Spanish | 3% US: 13.4% |
City vs. U.S. Average
English Only
97.3%
Spanish
3%
Thin line = U.S. average
Social Characteristics
Foreign Born
1.2%
Veterans
5.2%
13% below US avg (6%)
Disability
18.3%
41% above US avg (13%)
Health Insurance Coverage
96.4%
5% above US avg (91.4%)
Uninsured
3.6%
58% below US avg (8.6%)
Income Inequality (Gini)
0.425
US avg: 0.490 (0 = perfect equality, 1 = max inequality)
Complete Demographics Data
Population
| Total Population | 922 |
| Population Year | 2023 |
| Population Density | 2,249 / sq mi |
| Land Area | 0.4 sq mi |
| Median Age | 40.0 years |
Gender
| Male | 54.9% |
| Female | 45.1% |
Race & Ethnicity
| White | 91.0% |
| Black or African American | 0.8% |
| Hispanic or Latino | 5.5% |
| Asian | 0.0% |
Language
| English Only | 97.3% |
| Spanish | 3.0% |
Social Indicators
| Foreign Born | 1.2% |
| Veterans | 5.2% |
| Disability | 18.3% |
| Health Insurance | 96.4% |
| Uninsured | 3.6% |
| Broadband Access | 90.5% |
| Gini Coefficient | 0.425 |
Classification
| USDA Rural-Urban Code | 4, Nonmetro / Urban 20K+, adjacent |