Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

14 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,109

Average Rent as Percentage of Gross Income

Median rent for 2018: $525

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $2,141
--Home Prepared Food $1,206
--Restaurant/Takeaway Food $935
Alcoholic Beverages $157
Housing $5,427
--Rent/Mortgage/Upkeep/Taxes $3,173
--Utilities $1,094
--Operations $412
--Supplies $202
--Furnishings $548
Apparel $503
--Men & Boys $113
--Women & Girls $204
--Children < 2 $2
--Footwear $106
Transportation $2,636
--New Vehicles $493
--Used Vehicles $563
--Fuel $569
--Insurance $263
--Public Transit $221
Healthcare $1,342
Entertainment $871
--Pets $178
--Toys $42
Personal Care Products $208
Books & Literature $30
Education $380
Tobacco Products $93
Miscellaneous $268
Retirement $510
Non-health Insurance $1,971
Total Expenditures $16,538

Selected Population Data

Period Geography Population
2014 Silver Lake city, Minnesota 890
2015 Silver Lake city, Minnesota 964
2016 Silver Lake city, Minnesota 927
2017 Silver Lake city, Minnesota 894
2018 Silver Lake city, Minnesota 889