New Village vs Silver Lake
A side-by-side comparison of New Village and Silver Lake: population, income, housing, and more.
New Village and Silver Lake are places in New Jersey. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
New Village has the higher population (366 vs 319 in Silver Lake). New Village has the higher median household income ($108,661 vs $103,750 in Silver Lake). New Village has the higher median home value ($325,000 vs $263,300 in Silver Lake).
Population, income & housing
| New Village | Silver Lake | |
|---|---|---|
| Population | 366 | 319 |
| Median age | 51.8 yrs | 56.4 yrs |
| Median household income | $108,661 | $103,750 |
| Median home value | $325,000 | $263,300 |
| Median gross rent | $1,654 | — |
| Housing units | 187 | 167 |
| Homeownership rate | 89.5% | 91.3% |
| Bachelor's degree or higher | 22.9% | 33.1% |
| Unemployment rate | 5.4% | 7.9% |
Trends (ACS 5-year, 2019–2023)
| New Village | Silver Lake | |
|---|---|---|
| Population | 439 → 366 (-16.6%) | 299 → 319 (+6.7%) |
| Median household income | $70,882 → $108,661 (+53.3%) | $73,750 → $103,750 (+40.7%) |
| Median home value | $218,500 → $325,000 (+48.7%) | $248,100 → $263,300 (+6.1%) |
| Median gross rent | $1,192 → $1,654 (+38.8%) | $1,375 → $1,313 (-4.5%) |
New Village
439366
$70,882$108,661
$218,500$325,000
$1,192$1,654
Silver Lake
299319
$73,750$103,750
$248,100$263,300
$1,375$1,313
Age & race/ethnicity
Age distribution (share)
| New Village | Silver Lake | |
|---|---|---|
| Under 5 | 5.7% | 6.6% |
| 5 to 17 | 5.5% | 11.3% |
| 18 to 24 | 6.6% | 3.4% |
| 25 to 34 | 10.7% | 10.0% |
| 35 to 44 | 14.5% | 11.3% |
| 45 to 54 | 12.0% | 3.1% |
| 55 to 64 | 15.3% | 23.5% |
| 65 to 74 | 12.0% | 24.5% |
| 75 and over | 17.8% | 6.3% |
Race & ethnicity (share)
| New Village | Silver Lake | |
|---|---|---|
| White (non-Hispanic) | 83.1% | 97.8% |
| Black or African American | 0.0% | 0.0% |
| American Indian & Alaska Native | 0.0% | 0.0% |
| Asian | 0.0% | 0.9% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.0% | 0.0% |
| Two or more races | 0.5% | 0.3% |
| Hispanic or Latino | 16.4% | 0.9% |
Educational attainment (age 25+)
Share of adults 25+
| New Village | Silver Lake | |
|---|---|---|
| No high school diploma | 9.3% | 1.6% |
| High school graduate | 47.8% | 10.8% |
| Some college or associate's | 19.9% | 54.6% |
| Bachelor's degree | 19.9% | 19.5% |
| Graduate or professional degree | 3.0% | 13.5% |
Commute to work
How workers get to work (share)
| New Village | Silver Lake | |
|---|---|---|
| Drove alone | 83.3% | 71.6% |
| Carpooled | 9.8% | 16.9% |
| Public transit | 0.0% | 2.0% |
| Walked | 0.0% | 2.0% |
| Bicycle | 0.0% | 0.0% |
| Worked from home | 6.9% | 7.4% |
| Other means | 0.0% | 0.0% |
Housing
Units in structure (share)
| New Village | Silver Lake | |
|---|---|---|
| 1-unit, detached | 82.9% | 95.8% |
| 1-unit, attached | 14.4% | 0.0% |
| 2 to 4 units | 2.7% | 4.2% |
| 5 to 19 units | 0.0% | 0.0% |
| 20 or more units | 0.0% | 0.0% |
| Mobile home & other | 0.0% | 0.0% |
Poverty & households
| New Village | Silver Lake | |
|---|---|---|
| Poverty rate | 23.0% | 13.8% |
| Average household size | 2.14 | 1.98 |
| Mean commute (minutes) | 33 | 27 |
| Median year structure built | 1965 | 1959 |
Full profiles
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