Silver Lake employment information

IndexSilver LakeMinnesotaNational
Income per capita$21,559$31,642$28,555
Median household income$50,000$60,828$53,482
Median income owner occupied$56,667$74,687$68,142
Median income renter occupied$25,556$31,748$33,219
Median earnings male$36,208$39,915$36,116
Median earnings female$19,167$27,655$25,692
Unemployment rate4.6%4.5%5.8%
Poverty level13.4%11.5%15.6%

Did you know?

  • The income per capita in Silver Lake is 25% lower than the national average.
  • The median household income in Silver Lake is 7% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Silver Lake is 21% lower than the national average.
  • The poverty level in Silver Lake is 14% lower than the national average.

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Compare Silver Lake, MN Employment To Other Cities

Employment status

Hours worked per week

Silver Lake median earnings by income bracket

Silver Lake employment by industry

Labour TypeMaleFemale
Construction industry8.7%0.9%
Manufacturing sector33.3%8.9%
Financial & insurance services3.2%4.2%
Wholesale & retail services9.9%9.9%
Public administration2.4%3.8%
Transportation, warehousing & utilities5.2%4.7%
Education, health & social services6.3%36.6%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Mayer, MN1,792$91,77172%
Waverly, MN1,416$73,03637%
Plato, MN329$65,20822%
Norwood Young America, MN3,617$64,47021%
Montrose, MN2,952$62,41917%
Silver Lake, MN890$50,0007%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Bethany Beach, DE890$63,59419%
Ruckersville, VA890$52,1652%
Owensville, OH890$23,55356%
Adair, IA890$47,58311%
Middlebourne, WV890$29,82144%
Silver Lake, MN890$50,0007%
Source: The Silver Lake, MN employment data displayed above is derived from the United States Census Bureau.