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Silver Lake, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for Silver Lake.

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Community Insights

High Incomes
$91k/year
top 23% nationally
Leading Industries
Finance & Insurance · Professional Services · Healthcare
7% finance & insurance
Home Value Growth
+10.3% over 2 years
Family-Friendly
29% of residents
well above average
Homeowners
83% of occupied units

People & Demographics

Total Population1,699
Households
Under 18
29.0%
Age 18–34
29.0%
Age 35–64
25.0%
Age 65+
17.0%
Veterans
4.0%
Active Duty
0.0%

Housing & Living

Median Home Value$297,400
Median Gross Rent$1,693/mo
Owner Occupied
82.7%
Renter Occupied
17.3%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$91,398
Poverty Rate

Key Industries

Healthcare12.0%
Professional Services2.0%
Manufacturing0.0%
Retail9.0%
Education2.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities65 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
19.0%
Master's or Higher
4.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Silver Lake?

The total population of Silver Lake is approximately 1,699. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Silver Lake walkable and transit-friendly?

Based on local geographic data, Silver Lake has an amenity and walkability score of 65/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Silver Lake?

The housing market in Silver Lake is predominantly driven by homeowners, with 83% of housing units being owner-occupied and 17% being renter-occupied.

What is the education level of residents in Silver Lake?

In Silver Lake, approximately 19% of adult residents hold a bachelor's degree or higher. Additionally, 4% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.