Silver Lake CDP (Cumberland County), NJ

Full City Profile · New Jersey · Salem County County

4.1 /5.0
A Great
1,447 Population 1,012/sq mi density
$88,217 Median Income $41,379 per capita
$304,800 Home Value $249,881 Zillow
55°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.8 / 5.0
$88,217 median income, 0.0% unemployment
A+
Affordability
4.7 / 5.0
$304,800 home value, /mo rent
C+
Education
2.7 / 5.0
21.4% bachelor's degree or higher

Silver Lake CDP (Cumberland County), NJ

At a Glance

Median Income
$88,217
17% above
$41,379 per capita
Home Value
$304,800
8% above
Zillow: $249,881
Bachelor's Degree+
21.4%
36% below
98.9% high school+
Unemployment
0.0%
100% below
2.1% poverty rate
Obesity Rate
38.4%
20% above
17.0% smoking rate
Avg Temperature
55°F

How Silver Lake CDP (Cumberland County) Compares to the U.S. Average

Each bar shows Silver Lake CDP (Cumberland County)'s value as a percentage of the national average (100% = U.S. avg)

Income
117%
Home Value
108%
Poverty
17%
Bachelor's
64%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Silver Lake CDP (Cumberland County) a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Silver Lake CDP (Cumberland County) residents earn a median household income of $88,217 , which is 17% above the national average of $75,149. Per capita income is $41,379. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 2.1% of residents live below the poverty line. The area is home to 1,492 business establishments, including 115 restaurants.

Housing & Cost of Living

The median home value in Silver Lake CDP (Cumberland County) is $304,800 , 8% above the national median of $281,900. Zillow estimates the typical home at $249,881. The cost of living index is 108.8 (100 = national average). The median home was built in 1989.

Education

21.4% of adults in Silver Lake CDP (Cumberland County) hold a bachelor's degree or higher (36% below the national average). 98.9% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Silver Lake CDP (Cumberland County) has an average annual temperature of 55°F (13°C). Winters average 33°F in January while summers reach 77°F in July. Annual precipitation totals 47.7 inches.

Data Overview

People

Population1,447
Median Age45.0 yrs
Density1,012/mi²
Male / Female42% / 58%
Foreign Born1.7%
Veterans3.5%

Economy

A+
Median Income$88,217
Per Capita$41,379
Unemployment0.0%
Poverty2.1%
County GDP$7,363M
Avg Weekly Wage$1,299

Housing

A+
Home Value$304,800
Rent
Ownership86.7%
Zillow$249,881
Housing Units560
Rent Burden34.0%

Health

Obesity38.4%
Diabetes10.4%
Smoking17.0%
Heart Disease6.1%
Premature Death11,685/100K

Climate

Avg Temp55°F
Rain47.7 in/yr
Elevation77 ft

Education

C+
Bachelor's+21.4%
High School+98.9%
Graduate+5.9%
School Score5.6/10

Community

2024 VoteR 59% / D 40%
Commute27 min
Broadband89.8%
Internet Speed134 Mbps
EV Stations2
Libraries4

Did You Know?

The median home in Silver Lake CDP (Cumberland County) was built in 1989.
The nearest airport is Philadelphia International (28 miles).
The Gini coefficient (income inequality) is 0.443 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
4.2% of the population has a disability.
Average internet download speed is 134 Mbps.
There are 115 restaurants in the area.
The county recorded 19 fatal vehicle crashes.