Living in Silver Creek, Minnesota
Cost of living, income, home prices, rent and demographics of Silver Creek · Census data 2020–2024
Silver Creek has 167 residents with a median age of 59.1. The median household income is $51,042 (43% lower than the Minnesota median), the median home value is $418,800.
Silver Creek is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Silver Creek at a glance
- Population
- 167
- Median age
- 59.1State: 38.8
- Median household income
- $51,042State: $89,062
- Median home value
- $418,800State: $329,300
- Homeowners
- 92.7%
- Bachelor's degree or higher
- 18.8%
- Average commute
- 27 min
Is Silver Creek a good place to live?
Pros: A poverty rate of 6.6%.
Cons: Median household income 43% lower than the Minnesota median; home values 27% higher than the state median; an average commute of 27 minutes.
The weather is best in June to September.
Cost of living in Silver Creek
Housing is the biggest part of the cost of living. In Silver Creek the median home value is $418,800, 26% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,453 a month in housing costs.
Silver Creek median household income
The median household income in Silver Creek is $51,042 and the income per person is $37,601. 6.6% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Silver Creek: homes for sale and rent
- Housing units
- 82
- Owner-occupied
- 92.7%
- Renter-occupied
- 7.3%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.04
Silver Creek demographics
- Population
- 167
- Median age
- 59.1
- Under 18
- 13.8%
- 65 and older
- 42.5%
- Households
- 82
- Foreign-born
- 0%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Silver Creek ›
Education in Silver Creek
18.8% of adults 25 and older in Silver Creek have a bachelor's degree or higher (Minnesota: 39.4%), and 6.9% have a graduate or professional degree.
Jobs and commute in Silver Creek
- Unemployment rate
- 0%State: 4.1%
- Average commute
- 27 minState: 23 min
- Work from home
- 9%
- Drive alone
- 83.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Silver Creek vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Silver Creek | 167 | $51,042 | $418,800 | — |
| Maple Lake | 2,042 | $93,750 | $246,800 | $591 |
| Becker | 5,034 | $86,094 | $271,300 | $889 |
| Annandale | 3,399 | $65,583 | $251,800 | $971 |
| Clearwater | 1,970 | $91,346 | $271,800 | $1,091 |
| Clear Lake | 579 | $105,625 | $281,300 | $919 |
| Monticello | 14,858 | $79,534 | $323,700 | $1,405 |
| Fairhaven | 255 | $89,659 | $255,600 | — |
| Buffalo | 16,499 | $88,820 | $314,400 | $1,182 |
More for people moving to Silver Creek
Silver Creek ZIP code ›Weather and climate ›Living in Silver Creek: FAQ
What is the median household income in Silver Creek, MN?
The median household income in Silver Creek is $51,042, 43% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Silver Creek?
The median home value in Silver Creek is $418,800, compared with $329,300 in Minnesota.
Is Silver Creek, MN a good place to live?
Pluses: a poverty rate of 6.6%. Minuses: median household income 43% lower than the Minnesota median; home values 27% higher than the state median; an average commute of 27 minutes.
What is the median age in Silver Creek?
The median age in Silver Creek is 59.1 years (Minnesota: 38.8).
How long is the commute in Silver Creek?
The average commute to work in Silver Creek is 27 minutes; 9% of workers work from home.
What is the unemployment rate in Silver Creek?
The unemployment rate in Silver Creek is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Silver Creek?
18.8% of adults in Silver Creek have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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