Silver Lake

Population: 1,447
Median household income: $88,217
Median home value: $304,800

Located in Cumberland County, New Jersey, Silver Lake is a community with a population of 1,447. The median household income of $88,217 is above the Cumberland County median ($64,499).

Between 2020 and 2023, Silver Lake's population grew 5.6% from 1,370 to 1,447, while its median home value rose 15.7% from $263,400 to $304,800.

Households average 2.27 people. 21.4% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 1,447
Median age: 45.0 yrs
Median household income: $88,217
Median home value: $304,800
Median gross rent: —
Housing units: 637
Homeownership rate: 86.7%
Bachelor's degree or higher: 21.4%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

1,3701,447

Median household income

$106,316$88,217

Median home value

$263,400$304,800

Year	Population	Median household income	Median home value
2020	1,370	$106,316	$263,400
2021	1,299	$85,714	$264,800
2022	1,433	$120,833	$286,200
2023	1,447	$88,217	$304,800

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.5%

5 to 1716.9%

18 to 243.4%

25 to 3410.6%

35 to 4417.7%

45 to 549.7%

55 to 6412.0%

65 to 7420.3%

75 and over7.9%

	Count	Share
Under 5	21	1.5%
5 to 17	245	16.9%
18 to 24	49	3.4%
25 to 34	153	10.6%
35 to 44	256	17.7%
45 to 54	141	9.7%
55 to 64	174	12.0%
65 to 74	294	20.3%
75 and over	114	7.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,187	82.0%
Black or African American	15	1.0%
American Indian & Alaska Native	32	2.2%
Asian	31	2.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	75	5.2%
Hispanic or Latino (any race)	107	7.4%

Educational attainment (age 25+)

No high school diploma1.1%

High school graduate39.9%

Some college or associate's37.5%

Bachelor's degree15.5%

Graduate or professional degree5.8%

	Count	Share
No high school diploma	13	1.1%
High school graduate	452	39.9%
Some college or associate's	425	37.5%
Bachelor's degree	176	15.5%
Graduate or professional degree	66	5.8%

Commute to work

Mean travel time to work: 27 min

Drove alone92.8%

Carpooled0.0%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home6.1%

Other means1.1%

How workers get to work

	Count	Share
Drove alone	696	92.8%
Carpooled	0	0.0%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	46	6.1%
Other means	8	1.1%

Travel time

	Count	Share
Under 15 min	215	30.5%
15 to 29 min	84	11.9%
30 to 44 min	259	36.8%
45 to 59 min	116	16.5%
60+ min	30	4.3%

Households

Average household size: 2.27
Poverty rate: 2.2% (32 of 1,447)

	Count	Share
Family households	439	68.9%
Nonfamily households	198	31.1%

Housing

Median year structure built: 1989

Occupancy

	Count	Share
Occupied	637	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	552	86.7%
Renter-occupied	85	13.3%

1-unit, detached100.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	637	100.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3467583
Type (LSAD): 57
Land area: 1.43 sq mi
Water area: 0.01 sq mi
Center point: 39.4685, -75.2398