Best Assisted Living Facilities in Silver Lake, MN

In Silver Lake, Minnesota, independent living stands out as the most affordable senior housing option, with an average cost of $2,863 per month. Assisted living and memory care services are available at the same cost, $3,316 per month, offering supportive environments according to individual needs. Nursing home accommodations include both private and semi-private rooms, each costing $4,088 on average. With these varied options, Silver Lake provides choices that cater to different preferences and budget considerations.

Compared to other cities in the area, Silver Lake, Minnesota, is slightly more expensive. For instance, assisted living costs an average of $3,045 per month in both Hutchinson and Brownton. On the flip side, Silver Lake is less expensive than the Minnesota state average of $4,117 per month and the national average of $4,546 per month.
Here is how the average cost of assisted living in Silver Lake compares to Minnesota and the national average:

The city of Silver Lake, Minnesota, is home to 1 senior living facility, which is just a small fraction of Minnesota's 591 facilities. There are 4 communities in nearby areas for those who want to expand their search, offering additional options for senior living.

Silver Lake, Minnesota, has a vibrant senior community, with older adults comprising 42.1% of its total population of 822. Within this senior group, 11.1% are in their 50s, 17.2% are in their 60s, 8.2% are in their 70s, and 5.6% are 80 and over. The town's gender makeup leans toward a male majority, with 52.9% being men and 47.1% women. In terms of marital status, 41.2% of the population is married, 8.2% are divorced, a notable 42.8% have never married, and 7.8% are widowed. Silver Lake's diversity shows a majority of 89.2% identifying as White, 0.9% as Black, 1.3% as Native American, with a significant mixed race population at 8.6%, and a Hispanic community making up 5.8%, reflecting a predominantly White but moderately diverse town.