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Silver Lake, MA

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

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Community Insights

High Incomes
$121k/year
top 18% nationally
Leading Industries
Retail · Manufacturing · Wholesale Trade
14% retail
Home Value Growth⬆⬆
+11.9% over 2 years
Young Adults
27% of residents
Homeowners
87% of occupied units

People & Demographics

Total Population24,710
Households—
Under 18
21.0%
Age 18–34
27.0%
Age 35–64
34.0%
Age 65+
18.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$554,150
Median Gross Rent$1,193/mo
Owner Occupied
86.9%
Renter Occupied
13.1%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$120,540
Poverty Rate—

Key Industries

Healthcare9.0%
Professional Services1.0%
Manufacturing1.0%
Retail14.0%
Education1.0%

Amenities & Transit

Transit Score—
Walkability / Amenities—
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
22.0%
Master's or Higher
8.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Silver Lake?›

The total population of Silver Lake is approximately 24,710. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in Silver Lake?›

The housing market in Silver Lake is predominantly driven by homeowners, with 87% of housing units being owner-occupied and 13% being renter-occupied.

What is the education level of residents in Silver Lake?›

In Silver Lake, approximately 22% of adult residents hold a bachelor's degree or higher. Additionally, 8% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.