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CITY · 2010 ACS

Silver Lake

North Carolina · 5,598 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 $50,871. Population has declined 3% since 2000. Median home value has risen by half since 2000, reaching $166,400.

At a glance
Average income
near the US median
US median: $52,703
Younger
median age 34.4
US median: 37.2
Less educated
21% hold a bachelor's degree
US average: 28%
Less affordable
home values up 30%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
5,598
−3%since 2000
from 5,788 in 2000
1990 – 2024
Population density
2,270 / sq mi
−3%since 2000
from 2,347 / sq mi in 2000
US average: 261
Median age
34.4
+3%since 2000
from 33.4 in 2000
US average: 37.2
Population, 1990 – 2024
4K5K6K8K9K1990201020202024Silver Lake
20247K
1990201020202024
Section 02

Income & economy

Median household income
$50,871
−4%inflation adjusted, since 2000
from $41,732 in 2000
US average: $52,703
1990 – 2024
Per capita income
$23,328
+19%since 2000
from $19,609 in 2000
US average: $27,286
Households earning $100K+
22.4%
−7.1 ptssince 2009
from 29.5% in 2009
US average: 33.3%
Poverty rate
7.6%
−1.4 ptssince 2000
from 9.1% in 2000
US average: 13.8%
Income inequality (Gini)
0.372
US average: 0.461
Workforce by industry, 2010
Information15.7%
US avg: 11.5%
Retail trade12.2%
US avg: 10.9%
Wholesale trade10.2%
US avg: 7.2%
Arts, entertainment, food3.8%
US avg: 2.4%
Finance & insurance1.6%
US avg: 5.1%
Education & health services1.6%
US avg: 0.9%
Other services1.4%
US avg: 7%
Transportation & warehousing1.3%
US avg: 3.1%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Professional, scientific, technical0%
US avg: 4.2%
Public administration0%
US avg: 4.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$166,400
+30%inflation adjusted, since 2000
from $101,100 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$947
+11%inflation adjusted, since 2000
from $673 in 2000
US average: $853
Owner-occupied
57.3%
−15.8 ptssince 2000
from 73.1% in 2000
27.5% rent
Vacancy rate
2.0%
−2.8 ptssince 2009
from 4.7% in 2009
US average: 12.1%
Owner cost-burdened
24.3%
+1.1 ptssince 2009
from 23.2% in 2009
US average: 30.9%
Renter cost-burdened
47.4%
−0.9 ptssince 2009
from 48.3% in 2009
US average: 46.8%
Afford Score
3.3
+35%since 2000
from 2.4 in 2000
1990 – 2024
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)
2010
White, non-Hispanic75.5%(4,229)
Black8.6%(481)
Hispanic / Latino12.9%(722)
Asian0.8%(44)
Other0.7%(37)
Diversity Score48.3%(2,706)
Diversity Score
48
+84%since 2000
from 26 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.6%
−3.5 ptssince 2000
from 24.1% in 2000
US average: 27.9%
High school or higher
89.8%
+2.3 ptssince 2000
from 87.5% in 2000
US average: 84.9%
Graduate degree
3.3%
−3.1 ptssince 2000
from 6.4% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
18.3 min
+45%since 2000
from 12.6 min in 2000
US average: 25.2
Drive alone to work
83.8%
−2.6 ptssince 2009
from 86.5% in 2009
US average: 76.2%
Carpooled to work
10.0%
+1.1 ptssince 2009
from 8.9% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
3.9%
+1.6 ptssince 2009
from 2.3% in 2009
US average: 4.1%
Walked to work
0.8%
+0.1 ptssince 2009
from 0.8% in 2009
US average: 2.8%
Biked to work
0.0%
−0.7 ptssince 2009
from 0.7% in 2009
US average: 0.5%
No vehicle available
4.7%
+1.9 ptssince 2009
from 2.8% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
11.0%
+1.4 ptssince 2009
from 9.6% in 2009
US average: 12.9%
Management & professional
33.0%
−37.4 ptssince 2009
from 70.4% in 2009
US average: 35.2%
Section 08

People & community

Male
48.1%
+0.5 ptssince 2009
from 47.6% in 2009
Female
51.9%
−0.5 ptssince 2009
from 52.4% in 2009
Foreign born
10.7%
+4.2 ptssince 2009
from 6.5% in 2009
US average: 12.8%
Veterans
11.4%
−33.2 ptssince 2009
from 44.6% in 2009
US average: 9.9%
Drill deeper

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Pop 7,119
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Pop 6,280
Eagle Lake
Pop 6,415
Places similar to Silver Lake
Head to head

Compare Silver Lake to nearby cities

SILVER LAKE VS
Myrtle Grove
Income$113,463+123%
Home value$439,100+164%
Population12,637+93%
SEE FULL COMPARISON →
SILVER LAKE VS
Wilmington
Income$66,738+31%
Home value$383,800+131%
Population126,809+1832%
SEE FULL COMPARISON →
SILVER LAKE VS
Kings Grant
Income$62,232+22%
Home value$300,700+81%
Population9,003+37%
SEE FULL COMPARISON →
SILVER LAKE VS
Leland
Income$91,977+81%
Home value$398,900+140%
Population35,731+444%
SEE FULL COMPARISON →
Frequently asked

How many people live in Silver Lake, North Carolina?

Silver Lake, North Carolina has about 5,598 residents according to the 2010 American Community Survey.

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

The typical household in Silver Lake, North Carolina earns about $50,871 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 $166,400, and the typical rent is about $947 a month.

How educated are people in Silver Lake, North Carolina?

About 20.6% 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 7.6% 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 1,527 residents, a change of about 38 percent over that period.

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

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