Silver Lake, NC
Demographics And Statistics
Living In Silver Lake, North Carolina Summary
Life in Silver Lake research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Silver Lake over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Silver Lake:
The population in Silver Lake is 5,858.
The median home value in Silver Lake is $337,369.
The median income in Silver Lake is $75,123.
The cost of living in Silver Lake is 94 which is 0.9x lower than the national average.
The median rent in Silver Lake is $1,205.
The unemployment rate in Silver Lake is 3.4%.
The poverty rate in Silver Lake is 13.2%.
The average high in Silver Lake is 73.1° and the average low is 52.9°.
Table Of Contents
Silver Lake SnackAbility
Overall SnackAbility
Silver Lake, NC Cost Of Living
Cost of living in Silver Lake summary. We use data on the cost of living to determine how expensive it is to live in Silver Lake. Real estate prices drive most of the variance in cost of living around North Carolina. Key points include:
The cost of living in Silver Lake is 94 with 100 being average.
The cost of living in Silver Lake is 0.9x lower than the national average.
The median home value in Silver Lake is $337,369.
The median income in Silver Lake is $75,123.
Silver Lake's Overall Cost Of Living
Lower Than The National Average
Cost Of Living In Silver Lake Comparison Table
| Living Expense | Silver Lake | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 94 | 95 | 100 | |
| Services | 94 | 97 | 100 | |
| Groceries | 91 | 98 | 100 | |
| Health | 102 | 108 | 100 | |
| Housing | 91 | 91 | 100 | |
| Transportation | 94 | 92 | 100 | |
| Utilities | 104 | 95 | 100 | |
Silver Lake, NC Weather
The average high in Silver Lake is 73.1° and the average low is 52.9°.
There are 77.1 days of precipitation each year.
Expect an average of 57.1 inches of precipitation each year with 1.0 inches of snow.
| Stat | Silver Lake |
|---|---|
| Average Annual High | 73.1 |
| Average Annual Low | 52.9 |
| Annual Precipitation Days | 77.1 |
| Average Annual Precipitation | 57.1 |
| Average Annual Snowfall | 1.0 |
Average High
Days of Rain
Rankings for Silver Lake in North Carolina
Locations Around Silver Lake
Map Of Silver Lake, NC
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Silver Lake Demographics And Statistics
Population over time in Silver Lake
The current population in Silver Lake is 5,858. The population has increased 8.0% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2022 | 5,858 | -7.5% |
| 2021 | 6,330 | -5.1% |
| 2020 | 6,669 | 9.0% |
| 2019 | 6,117 | 4.1% |
| 2018 | 5,874 | -2.5% |
| 2017 | 6,024 | 1.6% |
| 2016 | 5,929 | 5.5% |
| 2015 | 5,622 | -1.1% |
| 2014 | 5,687 | 4.8% |
| 2013 | 5,426 | - |
Race / Ethnicity in Silver Lake
Silver Lake is:
79.4% White with 4,650 White residents.
3.2% African American with 187 African American residents.
0.0% American Indian with 0 American Indian residents.
0.0% Asian with 0 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
4.0% Two Or More with 235 Two Or More residents.
13.4% Hispanic with 786 Hispanic residents.
| Race | Silver Lake | NC | USA |
|---|---|---|---|
| White | 79.4% | 61.7% | 58.9% |
| African American | 3.2% | 20.6% | 12.1% |
| American Indian | 0.0% | 0.9% | 0.6% |
| Asian | 0.0% | 3.1% | 5.7% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 0.0% | 0.4% | 0.4% |
| Two Or More | 4.0% | 3.3% | 3.5% |
| Hispanic | 13.4% | 10.0% | 18.7% |
Gender in Silver Lake
Silver Lake is 42.8% female with 2,505 female residents.
Silver Lake is 57.2% male with 3,352 male residents.
| Gender | Silver Lake | NC | USA |
|---|---|---|---|
| Female | 42.8% | 51.0% | 50.4% |
| Male | 57.2% | 49.0% | 49.6% |
Highest level of educational attainment in Silver Lake for adults over 25
2.0% of adults in Silver Lake completed < 9th grade.
4.0% of adults in Silver Lake completed 9-12th grade.
16.0% of adults in Silver Lake completed high school / ged.
38.0% of adults in Silver Lake completed some college.
7.0% of adults in Silver Lake completed associate's degree.
20.0% of adults in Silver Lake completed bachelor's degree.
10.0% of adults in Silver Lake completed master's degree.
3.0% of adults in Silver Lake completed professional degree.
0.0% of adults in Silver Lake completed doctorate degree.
| Education | Silver Lake | NC | USA |
|---|---|---|---|
| < 9th Grade | 2.0% | 5.0% | 4.0% |
| 9-12th Grade | 4.0% | 7.0% | 6.0% |
| High School / GED | 16.0% | 25.0% | 26.0% |
| Some College | 38.0% | 20.0% | 20.0% |
| Associate's Degree | 7.0% | 10.0% | 9.0% |
| Bachelor's Degree | 20.0% | 21.0% | 21.0% |
| Master's Degree | 10.0% | 9.0% | 10.0% |
| Professional Degree | 3.0% | 2.0% | 2.0% |
| Doctorate Degree | 0.0% | 1.0% | 2.0% |
Household Income For Silver Lake, North Carolina
6.2% of households in Silver Lake earn Less than $10,000.
2.8% of households in Silver Lake earn $10,000 to $14,999.
7.9% of households in Silver Lake earn $15,000 to $24,999.
6.6% of households in Silver Lake earn $25,000 to $34,999.
12.5% of households in Silver Lake earn $35,000 to $49,999.
14.0% of households in Silver Lake earn $50,000 to $74,999.
10.8% of households in Silver Lake earn $75,000 to $99,999.
21.5% of households in Silver Lake earn $100,000 to $149,999.
12.5% of households in Silver Lake earn $150,000 to $199,999.
5.2% of households in Silver Lake earn $200,000 or more.
| Income | Silver Lake | NC | USA |
|---|---|---|---|
| Less than $10,000 | 6.2% | 5.1% | 4.9% |
| $10,000 to $14,999 | 2.8% | 4.3% | 3.8% |
| $15,000 to $24,999 | 7.9% | 8.1% | 7.0% |
| $25,000 to $34,999 | 6.6% | 8.5% | 7.4% |
| $35,000 to $49,999 | 12.5% | 12.3% | 10.7% |
| $50,000 to $74,999 | 14.0% | 17.3% | 16.1% |
| $75,000 to $99,999 | 10.8% | 12.9% | 12.8% |
| $100,000 to $149,999 | 21.5% | 15.9% | 17.1% |
| $150,000 to $199,999 | 12.5% | 7.2% | 8.8% |
| $200,000 or more | 5.2% | 8.5% | 11.4% |
