Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Silver Lake, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
857
Population
$55,272
Median Income
$112,000
Home Value
42.1
Median Age

Demographics

Silver Lake has a population of 857 with a median age of 42.1. Here is the racial and ethnic breakdown of the population:

White
95.6%
Hispanic
1.8%
Other
1.4%
Asian
1.1%
Demographic Value
Total Population857
Median Age42.1
White95.6%
Black or African American0.1%
Asian1.1%
Hispanic or Latino1.8%
Other / Two or More Races1.4%
Silver Lake, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 95.6%Other: 4.4%857PopulationWhiteWhite95.6%OtherOther4.4%

Income & Economy

The median household income in Silver Lake is $55,272, which is 31.4% below the national median of $80,610. The per capita income is $27,803. The poverty rate is 15.2%.

$55,272
Median Household Income
$27,803
Per Capita Income
15.2%
Poverty Rate

Advance Your Career in Silver Lake

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In Silver Lake, 85.7% of residents age 25+ have a high school diploma or higher, and 8.3% hold a bachelor's degree or higher (0.6% with a graduate or professional degree).

HS Diploma+
85.7%
Bachelor's+
8.3%
Graduate+
0.6%
Education Level % of Adults (25+)
High School Diploma or Higher85.7%
Bachelor's Degree or Higher8.3%
Graduate or Professional Degree0.6%

Housing

The median home value in Silver Lake is $112,000, below the national median of $303,400. The median monthly rent is $1,158. The homeownership rate is 79.2%.

$112,000
Median Home Value
$1,158/mo
Median Rent
79.2%
Homeownership Rate
Housing Metric Value
Median Home Value$112,000
Median Monthly Rent$1,158
Homeownership Rate79.2%
Vacancy Rate20.4%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

See all Indiana salaries →

Other Cities in Indiana

See all Indiana cities →

Frequently Asked Questions

What is the population of Silver Lake, Indiana?
The population of Silver Lake, Indiana is 857 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Silver Lake, Indiana?
The median household income in Silver Lake, Indiana is $55,272. This is 31.4% below the national median of $80,610.
What is the median home value in Silver Lake, Indiana?
The median home value in Silver Lake, Indiana is $112,000. The median monthly rent is $1,158.
What percentage of people in Silver Lake have a college degree?
In Silver Lake, Indiana, 8.3% of adults age 25 and older hold a bachelor's degree or higher, and 85.7% have a high school diploma or higher.
Is Silver Lake, Indiana an affordable place to live?
The home price-to-income ratio in Silver Lake, Indiana is 2.0x (median home value $112,000 vs. median income $55,272), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to Silver Lake?

Find resources to help plan your move, explore homes, and compare insurance rates in Indiana.

Salary Data in Indiana

All Jobs in Indiana Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn