Silver Lake vs Bingham Lake
Side-by-side comparison
How does Silver Lake, MN compare to Bingham Lake, MN? Silver Lake has a population of 922 with a median household income of $75,000, while Bingham Lake has 106 residents and a median income of $86,250. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Silver Lake, MN | Bingham Lake, MN | Difference |
|---|---|---|---|
| Population | 922 | 106 | +769.8% |
| Median Age | 40 | 44.3 | -9.7% |
| Foreign Born % | 1.2% | 0.9% | +30.0% |
| Metric | Silver Lake | Bingham Lake | Difference |
|---|---|---|---|
| Median Income | $75,000 | $86,250 | -13.0% |
| Unemployment | 5.2% | 0% | +520.0% |
| Poverty Rate | 4.7% | 6.6% | -28.8% |
| Bachelor's+ | 12.3% | 24.6% | -50.0% |
| Metric | Silver Lake | Bingham Lake | Difference |
|---|---|---|---|
| Home Value | $184,800 | $225,000 | -17.9% |
| Median Rent | $769/mo | $0/mo | +76900.0% |
| Housing Units | 403 | 47 | +757.4% |