Silver Lake

Population: 2,514
Median household income: $142,083
Median home value: $299,500

Silver Lake is a community in Summit County, Ohio, home to 2,514 residents. At $142,083, its median household income sits above Summit County's $71,016.

Between 2019 and 2023, Silver Lake's population held roughly steady from 2,532 to 2,514, while its median home value rose 31.6% from $227,600 to $299,500.

99.1% of homes are single-family detached houses. The typical home was built around 1955.

Demographics

ACS 2019–2023

Population: 2,514
Median age: 52.5 yrs
Median household income: $142,083
Median home value: $299,500
Median gross rent: $1,696
Housing units: 1,014
Homeownership rate: 92.1%
Bachelor's degree or higher: 61.9%
Unemployment rate: 3.3%

Trends

ACS 5-year · 2019–2023

Population

2,5322,514

Median household income

$108,958$142,083

Median home value

$227,600$299,500

Median gross rent

$1,575$1,696

Year	Population	Median household income	Median home value	Median gross rent
2019	2,532	$108,958	$227,600	$1,575
2020	2,496	$114,688	$234,200	—
2021	2,569	$124,286	$245,600	$1,760
2022	2,621	$131,012	$278,600	$1,713
2023	2,514	$142,083	$299,500	$1,696

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

Age distribution

Under 52.4%

5 to 1716.1%

18 to 246.7%

25 to 346.2%

35 to 4411.7%

45 to 5410.1%

55 to 6419.7%

65 to 7419.2%

75 and over7.9%

	Count	Share
Under 5	61	2.4%
5 to 17	405	16.1%
18 to 24	169	6.7%
25 to 34	155	6.2%
35 to 44	294	11.7%
45 to 54	254	10.1%
55 to 64	495	19.7%
65 to 74	482	19.2%
75 and over	199	7.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,256	89.7%
Black or African American	68	2.7%
American Indian & Alaska Native	0	0.0%
Asian	27	1.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	124	4.9%
Hispanic or Latino (any race)	39	1.6%

Educational attainment (age 25+)

No high school diploma1.8%

High school graduate12.0%

Some college or associate's24.4%

Bachelor's degree35.9%

Graduate or professional degree26.0%

	Count	Share
No high school diploma	33	1.8%
High school graduate	225	12.0%
Some college or associate's	458	24.4%
Bachelor's degree	675	35.9%
Graduate or professional degree	488	26.0%

Commute to work

Mean travel time to work: 25 min

Drove alone80.8%

Carpooled3.8%

Public transit0.3%

Walked1.1%

Bicycle0.0%

Worked from home14.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,043	80.8%
Carpooled	49	3.8%
Public transit	4	0.3%
Walked	14	1.1%
Bicycle	0	0.0%
Worked from home	181	14.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	312	28.1%
15 to 29 min	537	48.4%
30 to 44 min	167	15.0%
45 to 59 min	20	1.8%
60+ min	74	6.7%

Households

Average household size: 2.59
Poverty rate: 2.6% (66 of 2,514)

	Count	Share
Family households	733	75.9%
Nonfamily households	233	24.1%

Housing

Median year structure built: 1955

Occupancy

	Count	Share
Occupied	966	95.3%
Vacant	48	4.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	890	92.1%
Renter-occupied	76	7.9%

1-unit, detached99.1%

1-unit, attached0.5%

2 to 4 units0.4%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,005	99.1%
1-unit, attached	5	0.5%
2 to 4 units	4	0.4%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3972494
Type (LSAD): 47
Land area: 1.42 sq mi
Water area: 0.18 sq mi
Center point: 41.1563, -81.4557