5.3% of Silver Lake, MN residents had an income below the poverty level in 2022, which was 83.5% less than the poverty level of 9.6% across the entire state of Minnesota. The poverty rate was 5.3% among disabled residents. The renting rate among poor residents was 30.0%. For comparison, it was 7.0% among residents with income above the poverty level.
Poverty rates in Silver Lake, MN
Residents with income below the poverty level in 2022:
Silver Lake:
5.3%
Whole state:
9.6%
Residents with income below 50% of the poverty level in 2022:
Silver Lake:
4.1%
Whole state:
4.5%
Poverty rate among disabled residents:
Silver Lake:
5.3%
Minnesota:
19.6%
Disability rate in this city among poor residents (it is 21.2% among residents who are not classified as poor):
Silver Lake:
21.4%
Minnesota:
23.7%
Renting rate in this city among poor and not poor residents:
Residents below poverty level:
30.0%
Residents above poverty level:
7.0%
Poverty by age in Silver Lake, MN
Breakdown by age of poor male residents in Silver Lake,MN (percentage below poverty level)
0.0%Under 5 years
33.3%6 to 11 years
0.0%12 to 14 years
0.0%15 years
0.0%16 and 17 years
12.1%18 to 24 years
0.0%25 to 34 years
8.8%35 to 44 years
0.0%45 to 54 years
1.1%55 to 64 years
0.0%65 to 74 years
2.9%75 years and over
Breakdown by age of poor female residents in Silver Lake,MN (percentage below poverty level)
0.0%Under 5 years
0.0%5 years
0.0%6 to 11 years
0.0%12 to 14 years
0.0%15 years
33.3%16 and 17 years
0.0%18 to 24 years
0.0%25 to 34 years
21.1%35 to 44 years
15.4%45 to 54 years
0.0%55 to 64 years
0.0%65 to 74 years
2.6%75 years and over
Breakdown by age of very poor residents in Silver Lake,MN (% below half of poverty level)
0.0%Under 6 years
13.3%6 to 11 years
9.1%12 to 17 years
0.0%18 to 24 years
0.0%25 to 34 years
13.2%35 to 44 years
0.0%45 to 54 years
1.6%55 to 64 years
0.0%65 to 74 years
2.8%75 years and over
Poverty by race and place of birth in Silver Lake, MN
Breakdown of poor residents within races in Silver Lake, MN (%)
5.0%White
100.0%Black
0.0%American Indian
3.0%2+ races
0.0%Hispanic
Breakdown of poor residents within races in Silver Lake, MN (absolute numbers)
34White
8Black
0American Indian
22+ races
5.4%Below poverty level
94.6%Above poverty level
Poverty in families in Silver Lake, MN
Children below poverty level:
Silver Lake, Minnesota:
7.5%
State:
10.5%
Poverty rate among high school graduates:
Silver Lake:
5.4%
Minnesota:
7.0%
72.7%Married-couple family
0.0%Male, no wife present
27.3%Female, no husband present
0.0%Worked full-time, year-round
28.6%Worked part-time
71.4%Did not work
0.0%Both worked full-time
0.0%One full-time, other part-time
85.7%One full-time, other didn't work
0.0%Both worked part-time
0.0%One part-time, other didn't work
14.3%Both didn't work
Other data
Owners below poverty level
0.0%1999 to 2000
0.0%1995 to 1998
0.0%1990 to 1994
0.0%1980 to 1989
12.5%1970 to 1979
12.5%1960 to 1969
18.8%1950 to 1959
31.2%1940 to 1949
25.0%1939 or earlier
Owners above poverty level
0.0%1999 to 2000
1.8%1995 to 1998
0.9%1990 to 1994
3.5%1980 to 1989
7.9%1970 to 1979
15.8%1960 to 1969
18.9%1950 to 1959
7.0%1940 to 1949
44.3%1939 or earlier
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