Silver Lake, MN

Census Place

2024 Population

815

US Senator

Amy Klobuchar

Democratic(DFL) Party

US Senator

Tina Smith

Democratic(DFL) Party

2024 Median Age

43.7

9.25% 1-year increase

2024 Poverty Rate

3.3%

29.8% 1-year decrease

2024 Median Household Income

$74,432

0.757% 1-year decline

2024 Median Property Value

Population & Diversity

Silver Lake, MN is home to a population of 815 people, from which 100% are citizens.

As of 2024, 0.368% of Silver Lake, MN residents were born outside of the country (3 people).

In 2024, there were 31.7 times more White (Non-Hispanic) residents (760 people) in Silver Lake, MN than any other race or ethnicity. There were 24 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 12 American Indian & Alaska Native (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

99%

2023 Citizenship

As of 2024, 100% of Silver Lake, MN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Silver Lake, MN was 99%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Silver Lake, MN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Silver Lake, MN

White (Non-Hispanic)
760 ± 209
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
24 ± 25
American Indian & Alaska Native (Hispanic)
12 ± 14

2.45%

Hispanic Population

20 people

2.45% of the people in Silver Lake, MN are hispanic (20 people).

The following chart shows the 8 races represented in Silver Lake, MN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Minnesota.

Most Common Origin

Mexico
61,898 ± 6,075 people
Somalia
36,765 ± 4,692 people
India
31,170 ± 4,323 people

In 2024, the most common birthplace for the foreign-born residents of Minnesota was Mexico, the natal country of 61,898 Minnesota residents, followed by Somalia with 36,765 and India with 31,170.

Foreign-Born Population

0.368%

2024 Foreign-Born Population

3 people

1.19%

2023 Foreign-Born Population

11 people

As of 2024, 0.368% of Silver Lake, MN residents (3 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Silver Lake, MN was 1.19%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Silver Lake, MN compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
29 ± 24
Korea
6 ± 16

Silver Lake, MN has a large population of military personnel who served in Vietnam, 4.83 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Silver Lake, MN.

Economy

The economy of Silver Lake, MN employs 463 people. In 2024, the largest industries in Silver Lake, MN were Manufacturing (130 people), Construction (56 people), and Transportation & Warehousing (56 people), and the highest paying industries were Professional, Scientific, & Technical Services ($91,875), Professional, Scientific, & Management, & Administrative & Waste Management Services ($82,500), and Educational Services ($73,333).

Employment

Occupations

463

2024 Value

± 128

−8.68%

1 Year decline

± 42%

From 2023 to 2024, employment in Silver Lake, MN declined at a rate of −8.68%, from 507 employees to 463 employees.

The most common job groups, by number of people living in Silver Lake, MN, are Production Occupations (87 people), Transportation Occupations (52 people), and Management Occupations (48 people). This chart illustrates the share breakdown of the primary jobs held by residents of Silver Lake, MN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Minnesota.

This chart shows weekly unemployment insurance claims in Minnesota (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

463

2024 Value

± 128

−8.68%

1 Year decline

± 42%

From 2023 to 2024, employment in Silver Lake, MN declined at a rate of −8.68%, from 507 employees to 463 employees.

The most common employment sectors for those who live in Silver Lake, MN, are Manufacturing (130 people), Construction (56 people), and Transportation & Warehousing (56 people). This chart shows the share breakdown of the primary industries for residents of Silver Lake, MN, though some of these residents may live in Silver Lake, MN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$54,531

Median earning men ± $18,446

$45,938

Median earning women ± $13,778

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($75,781), Manufacturing ($65,980), and Transportation & Warehousing, & Utilities ($54,042).

The industries with the best median earnings for women in 2024 are Manufacturing ($56,750), Arts, Entertainment, & Recreation, & Accommodations & Food Services ($50,993), and Information ($45,625).

Civics

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

Amy Klobuchar and Tina Smith are the senators currently representing the state of Minnesota. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Minnesota is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Silver Lake, MN. Showing the available data for Minnesota.

2024 Election Results

Kamala Harris (50.9%)
Democratic Party
Donald J. Trump (46.7%)
Republican Party
Robert Kennedy (0.738%)
Independent Party

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

The following chart shows the popular vote results in Minnesota for each registered party from 1976 to 2024.

Senator Elections

US Senators from Minnesota

Senatorial voting results are only available at the state level. Showing data for Minnesota.

Amy Klobuchar

Senator from Minnesota

Assumed office on January 3, 2007
The Minnesota Democratic–Farmer–Labor Party (DFL) is the Minnesota affiliate of the U.S. Democratic Party and its members are counted as Democrats.

Tina Smith

Senator from Minnesota

Assumed office on January 3, 2018
Appointed to the seat following the resignation of Al Franken.{{Cite news |url=http://abc7chicago.com/news/franken-to-make-announcement-thursday-as-chorus-grows-for-his-resignation/2747124/ |title=Franken to make announcement Thursday as chorus grows for his resignation |date=December 6, 2017 |work=ABC7 Chicago |access-date=December 9, 2017 }}

Amy Klobuchar and Tina Smith are the senators currently representing Minnesota.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Minnesota over time, excluding special elections, colored by their political party.

Housing & Living

The median property value in Silver Lake, MN was $202,600 in 2024, which is 0.609 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $184,800 to $202,600, a 9.63% increase. The homeownership rate in Silver Lake, MN is 80.2%, which is higher than the national average of 65.2%.

People in Silver Lake, MN have an average commute time of 25 minutes, and they drove alone to work. Car ownership in Silver Lake, MN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$202,600

Median Property Value 2024

±$27,063

$283

Median Property Taxes

±$80

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Silver Lake, MN the largest share of households pay taxes in the $2k - $3k range.

The chart underneath the paragraph shows the property taxes in Silver Lake, MN compared to it's parent and neighbor geographies.

Rent vs Own

80.2%

Homeownership

2024

63.4%

Homeowners with Mortgage

2024

In 2024, 80.2% of the housing units in Silver Lake, MN were occupied by their owner. This percentage grew from the previous year's rate of 78.9%.

This chart shows the percentage of owner in Silver Lake, MN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$74,432

Median Household Income

± $17,063

353

Number of Households

± 94

In 2024, the median household income of the 353 households in Silver Lake, MN declined from $74,432 from the previous year's value of $75,000.

The following chart displays the households in Silver Lake, MN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Silver Lake, MN is from Minnesota.

0.452

2024 Wage GINI in Minnesota

0.454

2023 Wage GINI in Minnesota

In 2024, the income inequality in Minnesota was 0.452 according to the GINI calculation of the wage distribution. Income inequality had a 0.568% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Minnesota was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Minnesota in comparison to the national average.

This chart shows the number of workers in Minnesota across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (88.3%)
Worked At Home (4.85%)
Carpooled (3.96%)

In 2024, 88.3% of workers in Silver Lake, MN drove alone to work, followed by those who worked at home (4.85%) and those who carpooled to work (3.96%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

25 minutes

Average Travel Time

Using averages, employees in Silver Lake, MN have a shorter commute time (25 minutes) than the normal US worker (26.4 minutes). Additionally, 1.62% of the workforce in Silver Lake, MN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Silver Lake, MN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Silver Lake, MN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Silver Lake, MN have 2 cars.

Poverty

Poverty & Diversity

3.3% of the population for whom poverty status is determined in Silver Lake, MN (26 out of 788 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 65 - 74, followed by Females 75+ and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Silver Lake, MN is White, followed by Black and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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