Economy & Jobs — Silver Lake, Minnesota

Income & Employment

Median Household Income (Census)$74,432
Estimated 2026~$85,500
Per Capita Income$36,252
Poverty Rate3.3%
Unemployment Rate5.3%
In Labor Force539

Top Industries

IndustryShare
Manufacturing30.1%
Arts Food12.6%
Retail11.9%

Local Businesses (County)

TypeCount
Insurance Agencies33
Fast Food25
Full Service Restaurants23
Auto Repair19
Gas Stations18
Real Estate Offices17
Commercial Banks15
Dental Offices15
Chiropractors12
Physician Offices10
General Merchandise8
Law Offices8
Accounting Firms8
Child Day Care7
Beauty Salons6
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.