Pierceton vs Silver Lake

A side-by-side comparison of Pierceton and Silver Lake: population, income, housing, and more.

Pierceton and Silver Lake are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Pierceton has the higher population (1,349 vs 961 in Silver Lake). Pierceton has the higher median household income ($66,597 vs $53,542 in Silver Lake). Pierceton has the higher median home value ($110,700 vs $107,300 in Silver Lake).

Population, income & housing

	Pierceton	Silver Lake
Population	1,349	961
Median age	34.6 yrs	46.3 yrs
Median household income	$66,597	$53,542
Median home value	$110,700	$107,300
Median gross rent	$786	$1,057
Housing units	653	499
Homeownership rate	70.5%	78.0%
Bachelor's degree or higher	15.9%	7.3%
Unemployment rate	2.3%	7.9%

Trends (ACS 5-year, 2019–2023)

	Pierceton	Silver Lake
Population	880 → 1,349 (+53.3%)	948 → 961 (+1.4%)
Median household income	$41,667 → $66,597 (+59.8%)	$48,281 → $53,542 (+10.9%)
Median home value	$85,900 → $110,700 (+28.9%)	$75,600 → $107,300 (+41.9%)
Median gross rent	$780 → $786 (+0.8%)	$687 → $1,057 (+53.9%)

Pierceton

Population

8801,349

Median household income

$41,667$66,597

Median home value

$85,900$110,700

Median gross rent

$780$786

Silver Lake

Population

948961

Median household income

$48,281$53,542

Median home value

$75,600$107,300

Median gross rent

$687$1,057

Age & race/ethnicity

Age distribution (share)

	Pierceton	Silver Lake
Under 5	3.6%	5.9%
5 to 17	22.5%	15.0%
18 to 24	11.5%	5.4%
25 to 34	13.3%	14.8%
35 to 44	10.5%	8.2%
45 to 54	8.9%	13.1%
55 to 64	13.3%	14.4%
65 to 74	8.8%	12.9%
75 and over	7.6%	10.3%

Race & ethnicity (share)

	Pierceton	Silver Lake
White (non-Hispanic)	84.2%	96.0%
Black or African American	0.8%	0.1%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	4.2%	1.7%
Hispanic or Latino	10.8%	2.2%

Educational attainment (age 25+)

Share of adults 25+

	Pierceton	Silver Lake
No high school diploma	11.0%	14.7%
High school graduate	44.9%	55.8%
Some college or associate's	28.1%	22.2%
Bachelor's degree	13.1%	6.6%
Graduate or professional degree	2.9%	0.7%

Commute to work

How workers get to work (share)

	Pierceton	Silver Lake
Drove alone	89.7%	85.1%
Carpooled	6.3%	10.1%
Public transit	0.0%	1.0%
Walked	0.0%	1.8%
Bicycle	0.0%	0.0%
Worked from home	4.1%	1.8%
Other means	0.0%	0.3%

Housing

Units in structure (share)

	Pierceton	Silver Lake
1-unit, detached	83.9%	82.6%
1-unit, attached	0.0%	0.4%
2 to 4 units	10.9%	3.2%
5 to 19 units	0.9%	0.0%
20 or more units	0.8%	0.0%
Mobile home & other	3.5%	13.8%

Poverty & households

	Pierceton	Silver Lake
Poverty rate	14.2%	15.1%
Average household size	2.24	2.41
Mean commute (minutes)	24	28
Median year structure built	1943	1957