Silver Lake vs Winona Lake

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

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

Winona Lake has the higher population (5,073 vs 961 in Silver Lake). Winona Lake has the higher median household income ($97,813 vs $53,542 in Silver Lake). Winona Lake has the higher median home value ($242,400 vs $107,300 in Silver Lake).

Population, income & housing

	Silver Lake	Winona Lake
Population	961	5,073
Median age	46.3 yrs	28.0 yrs
Median household income	$53,542	$97,813
Median home value	$107,300	$242,400
Median gross rent	$1,057	$1,074
Housing units	499	1,969
Homeownership rate	78.0%	65.6%
Bachelor's degree or higher	7.3%	50.8%
Unemployment rate	7.9%	1.0%

Trends (ACS 5-year, 2019–2023)

	Silver Lake	Winona Lake
Population	948 → 961 (+1.4%)	4,910 → 5,073 (+3.3%)
Median household income	$48,281 → $53,542 (+10.9%)	$62,813 → $97,813 (+55.7%)
Median home value	$75,600 → $107,300 (+41.9%)	$170,700 → $242,400 (+42.0%)
Median gross rent	$687 → $1,057 (+53.9%)	$900 → $1,074 (+19.3%)

Silver Lake

Population

948961

Median household income

$48,281$53,542

Median home value

$75,600$107,300

Median gross rent

$687$1,057

Winona Lake

Population

4,9105,073

Median household income

$62,813$97,813

Median home value

$170,700$242,400

Median gross rent

$900$1,074

Age & race/ethnicity

Age distribution (share)

	Silver Lake	Winona Lake
Under 5	5.9%	3.4%
5 to 17	15.0%	12.2%
18 to 24	5.4%	25.8%
25 to 34	14.8%	18.4%
35 to 44	8.2%	8.4%
45 to 54	13.1%	12.0%
55 to 64	14.4%	9.6%
65 to 74	12.9%	4.4%
75 and over	10.3%	5.7%

Race & ethnicity (share)

	Silver Lake	Winona Lake
White (non-Hispanic)	96.0%	78.8%
Black or African American	0.1%	1.0%
American Indian & Alaska Native	0.0%	0.2%
Asian	0.0%	0.4%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	1.7%	5.8%
Hispanic or Latino	2.2%	13.9%

Educational attainment (age 25+)

Share of adults 25+

	Silver Lake	Winona Lake
No high school diploma	14.7%	6.8%
High school graduate	55.8%	18.5%
Some college or associate's	22.2%	23.9%
Bachelor's degree	6.6%	35.5%
Graduate or professional degree	0.7%	15.3%

Commute to work

How workers get to work (share)

	Silver Lake	Winona Lake
Drove alone	85.1%	80.7%
Carpooled	10.1%	4.6%
Public transit	1.0%	0.0%
Walked	1.8%	7.5%
Bicycle	0.0%	0.2%
Worked from home	1.8%	6.9%
Other means	0.3%	0.2%

Housing

Units in structure (share)

	Silver Lake	Winona Lake
1-unit, detached	82.6%	77.1%
1-unit, attached	0.4%	1.3%
2 to 4 units	3.2%	11.2%
5 to 19 units	0.0%	5.6%
20 or more units	0.0%	3.7%
Mobile home & other	13.8%	1.1%

Poverty & households

	Silver Lake	Winona Lake
Poverty rate	15.1%	6.9%
Average household size	2.41	2.48
Mean commute (minutes)	28	14
Median year structure built	1957	1982