55381 Zip Code

April 19, 2024

Zip Code:	55381
City/Town:	Silver Lake
State:	Minnesota

Population:	2,063
Per Capita Income:	$22,502
Mean Household Income:	$60,572

Total Housing Units:	807
Median Home Value:	$89,100
Median Year Homes Built:	1956

Land Area:	45.6 sq miles 118.1 sq kilometers
Water Area:	1.3 sq miles 3.4 sq kilometers

Population Information (55381 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

2,063

Male:

1,071

51.9%

49.2%

Female:

992

48.1%

50.8%

Median Age:

40.4 yrs

37.2 yrs

Under 5 years:

115

5.6%

6.5%

5 to 9 years:

164

7.0%

6.6%

10 to 19 years:

271

13.1%

13.8%

20 to 29 years:

214

10.4%

13.8%

30 to 39 years:

254

12.3%

13.0%

40 to 49 years:

321

15.6%

14.2%

50 to 59 years:

324

15.7%

13.6%

60 to 69 years:

200

9.7%

9.4%

70 to 79 years:

117

5.7%

5.4%

80 years and over:

4.0%

3.7%

Housing Information (55381 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$89,100

$119,600

Median year homes build:

1956

1971

Median real estate taxes:

$1,044 / yr.

$1,334 / yr.

Median rent:

$348 / mo.

$519 / mo.

Total households:

807

Family households:

567

70.3%

66.4%

Nonfamily households:

240

29.7%

33.6%

Households with individuals under 18 years:

248

30.7%

33.4%

Households with individuals 65 years and over:

199

24.7%

24.9%

Average household size:

2.6

Average family size:

3.1

Total housing units:

865

Occupied housing units:

807

93.3%

88.6%

Vacant housing units:

6.7%

11.4%

For rent:

1.6%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.3%

1.4%

Sold, not occupied:

0.5%

0.3%

For seasonal, recreational, or occasional use:

0.5%

3.5%

All other vacants:

2.9%

2.8%

Homeowner vacancy rate:

1.6%

2.4%

Rental vacancy rate:

9.9%

9.2%

Owner-occupied housing units:

679

Population in owner-occupied housing units:

1,796

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

128

Population in renter-occupied housing units:

267

Average household size of renter-occupied units:

2.1

2.44

Educational Attainment (55381 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,263

Less than 9th grade:

127

10.1%

6.2%

9th to 12th grade, no diploma:

109

8.6%

8.7%

High school graduate (includes equivalency):

605

47.9%

29.0%

Some college, no degree:

246

19.5%

20.6%

Associate degree:

5.9%

7.5%

Bachelor's degree:

5.9%

17.6%

Graduate or professional degree:

2.1%

10.3%

Percent high school graduate or higher:

81.3%

85.0%

Percent bachelor's degree or higher:

8.0%

27.9%

Income Information (55381 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

702

34.0%

50.4%

Median income:

$29,695 / yr.

$27,932 / yr.

Full-time, year-round workers:

466

22.6%

59.7%

Median income:

$35,046 / yr.

$38,349 / yr.

Females 15 years and over with income:

644

31.2%

49.6%

Median income:

$18,512 / yr.

$16,327 / yr.

Full-time, year-round workers:

312

15.1%

40.3%

Median income:

$24,808 / yr.

$28,135 / yr.

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