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Silver Lake, IN

Full City Profile · Indiana · Kosciusko County County

2.8 /5.0
C+ Fair
961 Population 1,780/sq mi density
$53,542 Median Income $26,173 per capita
$107,300 Home Value $178,691 Zillow
$1,057 Median Rent 28.5% income on rent
50°F Avg Temperature 275 sunny days/yr
67 Violent Crime/100K 1,269 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$53,542 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$107,300 home value, $1,057/mo rent
F
Safety
1.0 / 5.0
67 violent crimes/100K
D
Education
1.6 / 5.0
7.3% bachelor's degree or higher

Income Overview

Median Household Income
$53,542
29% below
US avg: $75,149
Per Capita Income
$26,173
33% below
US avg: $39,052
Unemployment Rate
4.4%
22% above
US avg: 3.6%
Poverty Rate
9.0%
27% below
US avg: 12.4%

Income Comparison: Silver Lake vs. U.S. Average

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

Median Household
US: $75,149
$53,542
71%
Per Capita
US: $39,052
$26,173
67%
IRS Avg AGI
US: $72,000
$77,961
108%
Avg Weekly Wage
US: $1,432
$1,133
79%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,133
21% below US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
1.8%
88% below US avg (15.2%)
Drive Alone
85.1%
16% above US avg (73.2%)
Public Transit
1.0%
80% below US avg (5.0%)
County GDP
$7,836M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 85.1%
Public Transit 1%
Work From Home 1.8%
Other 12.1%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,157
Restaurants
180
Healthcare
173
Retail
284
Manufacturing
181

Tax & Financial

IRS Avg Adjusted Gross Income
$77,961
8% above US avg ($72,000)
Avg Property Tax
$4,375
25% above US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$53,542
Per Capita Income$26,173
IRS Avg Adjusted Gross Income$77,961
Avg Weekly Wage$1,133
County GDP$7,836M

Hardship Indicators

Unemployment Rate4.4%
Poverty Rate9.0%
Gini Coefficient0.413
Cost of Living Index93.3

Commute

Mean Commute28 minutes
Drive Alone85.1%
Public Transit1.0%
Work From Home1.8%

Businesses

Total Establishments2,157
Restaurants180
Healthcare173
Retail284
Manufacturing181

Tax

IRS Avg AGI$77,961
Avg Property Tax$4,375