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CITY

Silver Lake

North Carolina · 6,563 residents · 2.466 sq mi
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The short version

Silver Lake has roughly average household income, with a median household income of $76,756. Population has held roughly steady since 2000. Median home value has roughly tripled since 2000, reaching $325,500.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 42.9
US median: 38.9
Average education
32% hold a bachelor's degree
US average: 36%
Less affordable
home values up 77%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
6,563
+13%since 2000
from 5,788 in 2000
1990 – 2024
Population density
2,661 / sq mi
+13%since 2000
from 2,347 / sq mi in 2000
US average: 281
Median age
42.9
+28%since 2000
from 33.4 in 2000
US average: 38.9
Population, 1990 – 2024
4K5K6K8K9K1990201020202024Silver Lake
20247K
1990201020202024
Section 02

Income & economy

Median household income
$76,756
+1%inflation adjusted, since 2000
from $41,732 in 2000
US average: $82,259
1990 – 2024
Per capita income
$39,256
+100%since 2000
from $19,609 in 2000
US average: $44,673
Households earning $100K+
53.1%
+23.6 ptssince 2009
from 29.5% in 2009
US average: 53.3%
Poverty rate
9.7%
+0.6 ptssince 2000
from 9.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.410
+10%since 2010
from 0.372 in 2010
US average: 0.476
Workforce by industry, 2024
Information10%
US avg: 10.8%
Arts, entertainment, food9.7%
US avg: 1.9%
Finance & insurance8.1%
US avg: 5.9%
Professional, scientific, technical7.4%
US avg: 5.1%
Wholesale trade7.3%
US avg: 6.9%
Retail trade3.8%
US avg: 9.9%
Other services2.1%
US avg: 6.7%
Transportation & warehousing1.6%
US avg: 2.2%
Public administration1.3%
US avg: 4.8%
Education & health services0.8%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$325,500
+77%inflation adjusted, since 2000
from $101,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,416
+16%inflation adjusted, since 2000
from $673 in 2000
US average: $1,442
Owner-occupied
82.2%
+9.1 ptssince 2000
from 73.1% in 2000
17.8% rent
Vacancy rate
2.8%
−2.0 ptssince 2009
from 4.7% in 2009
US average: 10.0%
Owner cost-burdened
25.7%
+2.5 ptssince 2009
from 23.2% in 2009
US average: 22.9%
Renter cost-burdened
59.4%
+11.2 ptssince 2009
from 48.3% in 2009
US average: 47.4%
Afford Score
4.2
+75%since 2000
from 2.4 in 2000
1990 – 2024
Gentrification Score
68
RELATED:See current rent listings in Silver Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic87%(5,036)
Black8%(461)
Hispanic / Latino2.2%(125)
Asian1.2%(70)
Other0%
Diversity Score26.3%(1,520)
2024
White, non-Hispanic70.8%(4,644)
Black3.4%(221)
Hispanic / Latino20.6%(1,350)
Asian0%(0)
Other5.3%(348)
Diversity Score56.6%(3,717)
Diversity Score
57
+116%since 2000
from 26 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
32.2%
+8.0 ptssince 2000
from 24.1% in 2000
US average: 35.6%
High school or higher
89.7%
+2.2 ptssince 2000
from 87.5% in 2000
US average: 89.6%
Graduate degree
14.5%
+8.1 ptssince 2000
from 6.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.6 min
+87%since 2000
from 12.6 min in 2000
US average: 26.5
Drive alone to work
79.3%
−7.2 ptssince 2009
from 86.5% in 2009
US average: 68.9%
Carpooled to work
8.7%
−0.3 ptssince 2009
from 8.9% in 2009
US average: 8.5%
Public transit
1.0%
+1.0 ptssince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
9.0%
+6.7 ptssince 2009
from 2.3% in 2009
US average: 15.0%
Walked to work
0.1%
−0.7 ptssince 2009
from 0.8% in 2009
US average: 2.4%
Biked to work
0.0%
−0.7 ptssince 2009
from 0.7% in 2009
US average: 0.4%
No vehicle available
0.5%
−2.3 ptssince 2009
from 2.8% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.3%
−4.5 ptssince 2011
from 9.8% in 2011
US average: 5.2%
Labor force participation
66.2%
−9.9 ptssince 2011
from 76.1% in 2011
US average: 63.5%
Self-employed
10.0%
+0.4 ptssince 2009
from 9.6% in 2009
US average: 13.1%
Management & professional
36.8%
−33.6 ptssince 2009
from 70.4% in 2009
US average: 42.5%
Section 08

People & community

Male
55.4%
+7.8 ptssince 2009
from 47.6% in 2009
Female
44.6%
−7.8 ptssince 2009
from 52.4% in 2009
Foreign born
7.5%
+1.0 ptssince 2009
from 6.5% in 2009
US average: 14.1%
Veterans
8.3%
−36.2 ptssince 2009
from 44.6% in 2009
US average: 6.2%
With a disability
12.1%
−0.1 ptssince 2012
from 12.2% in 2012
US average: 13.3%
Uninsured
11.1%
−61.0 ptssince 2013
from 72.1% in 2013
US average: 8.4%
Broadband at home
93.1%
+13.6 ptssince 2017
from 79.5% in 2017
US average: 91.0%
English only at home
83.1%
−12.7 ptssince 2016
from 95.8% in 2016
US average: 77.7%
Spanish at home
16.9%
+13.1 ptssince 2016
from 3.8% in 2016
US average: 13.6%
Drill deeper

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Compare Silver Lake to nearby cities

SILVER LAKE VS
Myrtle Grove
Income$113,463+48%
Home value$439,100+35%
Population12,637+93%
SEE FULL COMPARISON →
SILVER LAKE VS
Wilmington
Income$66,738−13%
Home value$383,800+18%
Population126,809+1832%
SEE FULL COMPARISON →
SILVER LAKE VS
Kings Grant
Income$62,232−19%
Home value$300,700−8%
Population9,003+37%
SEE FULL COMPARISON →
SILVER LAKE VS
Leland
Income$91,977+20%
Home value$398,900+23%
Population35,731+444%
SEE FULL COMPARISON →
Frequently asked

How many people live in Silver Lake, North Carolina?

Silver Lake, North Carolina has about 6,563 residents according to the 2024 American Community Survey.

What is the median household income in Silver Lake, North Carolina?

The typical household in Silver Lake, North Carolina earns about $76,756 a year. Half of households make more than that, and half make less.

Is Silver Lake, North Carolina expensive?

In Silver Lake, North Carolina, the median home is worth about $325,500, and the typical rent is about $1,416 a month.

How educated are people in Silver Lake, North Carolina?

About 32.2% of adults age 25 and over in Silver Lake, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Silver Lake, North Carolina?

About 9.7% of people in Silver Lake, North Carolina live below the federal poverty line.

Has Silver Lake, North Carolina grown since 1990?

Yes, Silver Lake, North Carolina has grown since 1990. The population has added about 2,492 residents, a change of about 61 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Silver Lake, North Carolina: demographics, income & housing data · CensusEasy