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Silver Lake CDP (Cumberland County), NJ

Full City Profile · New Jersey · Salem County County

3.3 /5.0
B Good
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 293 sunny days/yr
1,022 Violent Crime/100K 3,874 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
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
F
Safety
1.0 / 5.0
1,022 violent crimes/100K (169% above avg)
C+
Education
2.7 / 5.0
21.4% bachelor's degree or higher

Income Overview

Median Household Income
$88,217
17% above
US avg: $75,149
Per Capita Income
$41,379
6% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
2.1%
83% below
US avg: 12.4%

Income Comparison: Silver Lake CDP (Cumberland County) vs. U.S. Average

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

Median Household
US: $75,149
$88,217
117%
Per Capita
US: $39,052
$41,379
106%
IRS Avg AGI
US: $72,000
$71,530
99%
Avg Weekly Wage
US: $1,432
$1,299
91%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,299
9% below US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
6.1%
60% below US avg (15.2%)
Drive Alone
92.8%
27% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,363M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 92.8%
Public Transit 0%
Work From Home 6.1%
Other 1.1%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,492
Restaurants
115
Healthcare
143
Retail
159
Manufacturing
39

Tax & Financial

IRS Avg Adjusted Gross Income
$71,530
1% below US avg ($72,000)
Avg Property Tax
$8,555
144% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$88,217
Per Capita Income$41,379
IRS Avg Adjusted Gross Income$71,530
Avg Weekly Wage$1,299
County GDP$7,363M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate2.1%
Gini Coefficient0.443
Cost of Living Index108.8

Commute

Mean Commute27 minutes
Drive Alone92.8%
Public Transit0.0%
Work From Home6.1%

Businesses

Total Establishments1,492
Restaurants115
Healthcare143
Retail159
Manufacturing39

Tax

IRS Avg AGI$71,530
Avg Property Tax$8,555