Silver Lake, South Dakota is a small rural town located in Marshall County, with a population of just over 200 people. Despite its size, Silver Lake has consistently ranked favorably among bestplaces rankings for livability. Silver Lake is known for its low cost of living, affordable housing options, stunning scenery and wide variety of outdoor recreation activities available to residents. It was recently ranked 3rd best place to live in South Dakota, according to a recent study by U.S. News & World Report. The study praised the town’s low crime rate and good job opportunities as well as its excellent school system and strong sense of community spirit among locals. In addition to these factors contributing to Silver Lake's high ranking on the list of best places to live in South Dakota, its proximity to nearby larger cities such as Sioux Falls and Aberdeen can make it an ideal place for those looking for an escape from urban life while still having access to quality services and amenities.
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