Silver Lake, MN Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Silver Lake, MN

Get Access to 300+ Local Data Points

B

9%

Income/capita NAT. AVG.

9%

Household income NAT. AVG.

67%

Unemployment NAT. AVG.

Index	Silver Lake	Minnesota	National
Income per capita	$48,784	$49,588	$44,883
Median household income	$88,357	$92,370	$81,333
Median income owner occupied	$88,088	$117,544	$106,172
Median income renter occupied	$89,247	$52,026	$52,080
Median earnings male	$76,430	$60,747	$54,343
Median earnings female	$48,512	$42,223	$38,439
Unemployment rate	1.6%	3.6%	4.9%
Poverty level	6.7%	10.8%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In Silver Lake, MN

211 Century Ln

Silver Lake, MN

10142 225th St

Silver Lake, MN

11297 220th St

Silver Lake, MN

316 Lake Ave N

Silver Lake, MN

Key findings

The income per capita in Silver Lake is 9% higher than the national average
The median household income in Silver Lake is 9% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Silver Lake is 67% lower than the national average
The poverty level in Silver Lake is 55% lower than the national average

Compare Silver Lake, MN Employment

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Best Places for Employment in and Around Silver Lake

See all the best places to live around Silver Lake

Write a review to give others more information about this area.

See all Silver Lake poll results

am i middle class

$58,898 $88,357 $176,714

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Minnesota

Here are the best places to live in Minnesota

These are the 10 cheapest cities in Minnesota

Most Dangerous States In The US

These are the largest cities in Minnesota

Silver Lake median earnings by income bracket

Silver Lake employment by industry

Labour Type	Male	Female
Construction industry	19.0%	19.0%
Manufacturing sector	41.9%	41.9%
Financial & insurance services	0.6%	0.6%
Wholesale & retail services	8.4%	8.4%
Public administration	0.6%	0.6%
Transportation, warehousing & utilities	11.6%	11.6%
Education, health & social services	2.6%	2.6%
Other	15.2%	15.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Mayer, MN	2,360	$150,777	85.4%
Biscay, MN	217	$143,442	76.4%
Waverly, MN	1,550	$141,856	74.4%
Hamburg, MN	575	$112,923	38.8%
Montrose, MN	3,624	$108,296	33.2%
Silver Lake, MN	938	$88,357	8.6%

Cities with similar population

City	Population	Household Income	National Avg.
La Veta, CO	938	$65,639	19.3%
Donnellson, IA	938	$66,650	18.1%
Logan, NM	938	$0	100.0%
Owensville, OH	938	$28,466	65.0%
Valley Brook, OK	938	$51,471	36.7%
Silver Lake, MN	938	$88,357	8.6%

Source: The Silver Lake, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.