This was 28.9 percent higher than the state average of 37.7 percent. In 2020 the total municipality population reached 2,496.
99.3 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Silver Lake for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 13 | 0.7 |
| Regular high school diploma | 335 | 17.5 |
| GED or alternative credential | 1 | less than 0.1 |
| Some college, less than 1 year | 84 | 4.4 |
| Some college, 1 or more years, no degree | 207 | 10.8 |
| Associate's degree | 141 | 7.4 |
| Bachelor's degree | 678 | 35.4 |
| Master's degree | 314 | 16.4 |
| Professional school degree | 80 | 4.2 |
| Doctorate degree | 63 | 3.3 |
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