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CITY

Silver Lake CDP (Cumberland County)

New Jersey · 2,011 residents · 1.431 sq mi
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The short version

Silver Lake CDP (Cumberland County) is significantly wealthier than the US average, with a median household income of $111,139. Population has grown 39% since 2023. Median home value is $374,500. At a median age of 28.4, residents skew younger than the country as a whole. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 28.4
US median: 38.9
Less educated
25% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,011
+39%since 2023
from 1,447 in 2023
2020 – 2024
Population density
1,405 / sq mi
+39%since 2023
from 1,011 / sq mi in 2023
US average: 281
Median age
28.4
−37%since 2023
from 45.0 in 2023
US average: 38.9
Population, 2020 – 2024
1K1K2K2K2K20202024Silver Lake CDP (Cumberland County)
20242K
20202024
Section 02

Income & economy

Median household income
$111,139
+22%inflation adjusted, since 2023
from $88,217 in 2023
US average: $82,259
2020 – 2024
Per capita income
$41,559
Unchangedsince 2023
from $41,379 in 2023
US average: $44,673
Households earning $100K+
80.1%
+11.5 ptssince 2023
from 68.6% in 2023
US average: 53.3%
Poverty rate
8.3%
+6.1 ptssince 2023
from 2.2% in 2023
US average: 12.5%
Income inequality (Gini)
0.379
+19%since 2023
from 0.318 in 2023
US average: 0.476
Workforce by industry, 2024
Information28.4%
US avg: 10.8%
Finance & insurance10.8%
US avg: 5.9%
Professional, scientific, technical10.8%
US avg: 5.1%
Retail trade6%
US avg: 9.9%
Wholesale trade4.4%
US avg: 6.9%
Other services4.2%
US avg: 6.7%
Transportation & warehousing4%
US avg: 2.2%
Public administration2.3%
US avg: 4.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$374,500
+19%inflation adjusted, since 2023
from $304,800 in 2023
US average: $376,019
2020 – 2024
Owner-occupied
89.8%
+3.1 ptssince 2023
from 86.7% in 2023
10.2% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
23.5%
−8.2 ptssince 2023
from 31.7% in 2023
US average: 22.9%
Renter cost-burdened
11.5%
−19.1 ptssince 2023
from 30.6% in 2023
US average: 47.4%
Afford Score
3.4
−2%since 2023
from 3.5 in 2023
2020 – 2024
RELATED:See current rent listings in Silver Lake CDP (Cumberland County) on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic82%(1,187)
Black1%(15)
Hispanic / Latino7.4%(107)
Asian2.1%(31)
Other7.4%(107)
Diversity Score39.4%(571)
2024
White, non-Hispanic41.6%(837)
Black35%(703)
Hispanic / Latino5.3%(107)
Asian4.6%(93)
Other13.5%(271)
Diversity Score85.2%(1,713)
Diversity Score
85
+116%since 2023
from 39 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
25.4%
+4.0 ptssince 2023
from 21.4% in 2023
US average: 35.6%
High school or higher
95.1%
−3.7 ptssince 2023
from 98.9% in 2023
US average: 89.6%
Graduate degree
1.5%
−4.3 ptssince 2023
from 5.8% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.1 min
−8%since 2023
from 27.3 min in 2023
US average: 26.5
Drive alone to work
95.4%
+2.6 ptssince 2023
from 92.8% in 2023
US average: 68.9%
Carpooled to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
3.8%
−2.3 ptssince 2023
from 6.1% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
2.3%
−14.5 ptssince 2023
from 16.8% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
72.9%
+9.4 ptssince 2023
from 63.5% in 2023
US average: 63.5%
Self-employed
17.1%
−6.9 ptssince 2023
from 24.0% in 2023
US average: 13.1%
Management & professional
44.4%
−13.1 ptssince 2023
from 57.5% in 2023
US average: 42.5%
Section 08

People & community

Male
35.8%
−6.3 ptssince 2023
from 42.1% in 2023
Female
64.2%
+6.3 ptssince 2023
from 57.9% in 2023
Foreign born
14.0%
+12.4 ptssince 2023
from 1.7% in 2023
US average: 14.1%
Veterans
4.0%
+0.5 ptssince 2023
from 3.5% in 2023
US average: 6.2%
With a disability
5.4%
+1.2 ptssince 2023
from 4.2% in 2023
US average: 13.3%
Uninsured
9.0%
−6.6 ptssince 2023
from 15.6% in 2023
US average: 8.4%
Broadband at home
93.0%
+3.2 ptssince 2023
from 89.8% in 2023
US average: 91.0%
English only at home
60.5%
−37.3 ptssince 2023
from 97.8% in 2023
US average: 77.7%
Spanish at home
0.7%
+0.7 ptssince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

Places similar to Silver Lake CDP (Cumberland County)

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Pop 1,943
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Pop 1,873
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Pop 2,118
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Pop 2,140
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Head to head

Compare Silver Lake CDP (Cumberland County) to nearby cities

SILVER LAKE CDP (CUMBERLAND COUNTY) VS
Bridgeton
Income$55,781−50%
Home value$145,500−61%
Population28,307+1308%
SEE FULL COMPARISON →
SILVER LAKE CDP (CUMBERLAND COUNTY) VS
Millville
Income$70,275−37%
Home value$219,000−42%
Population28,098+1297%
SEE FULL COMPARISON →
SILVER LAKE CDP (CUMBERLAND COUNTY) VS
Vineland
Income$67,860−39%
Home value$240,700−36%
Population62,703+3018%
SEE FULL COMPARISON →
SILVER LAKE CDP (CUMBERLAND COUNTY) VS
Clayton
Income$90,274−19%
Home value$252,300−33%
Population9,041+350%
SEE FULL COMPARISON →
Frequently asked

How many people live in Silver Lake CDP (Cumberland County), New Jersey?

Silver Lake CDP (Cumberland County), New Jersey has about 2,011 residents according to the 2024 American Community Survey.

What is the median household income in Silver Lake CDP (Cumberland County), New Jersey?

The typical household in Silver Lake CDP (Cumberland County), New Jersey earns about $111,139 a year. Half of households make more than that, and half make less.

Is Silver Lake CDP (Cumberland County), New Jersey expensive?

In Silver Lake CDP (Cumberland County), New Jersey, the median home is worth about $374,500.

How educated are people in Silver Lake CDP (Cumberland County), New Jersey?

About 25.4% of adults age 25 and over in Silver Lake CDP (Cumberland County), New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Silver Lake CDP (Cumberland County), New Jersey?

About 8.3% of people in Silver Lake CDP (Cumberland County), New Jersey live below the federal poverty line.

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

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