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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

Housing Overview

Median Home Value
$107,300
62% below
US avg: $281,900
Median Rent
$1,057/mo
9% below
US avg: $1,163/mo
Homeownership Rate
78.0%
19% above US avg (65.4%)
Total Housing Units
514
Median year built: 1951

Home Value by Source

Census Median
$107,300
Zillow (ZHVI)
$178,691
Median Sale Price
$92,500
Median List Price
$209,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.0%
Owner-Occupied
22.0%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $1,057/mo

Market Indicators (Redfin)

Median Days on Market
10 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$112
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
78.0%

Complete Housing Data

Home Values

Census Median Value$107,300
Zillow Home Value (ZHVI)$178,691
Median Sale Price$92,500
Median List Price$209,900
Price Per Sq Ft$112

Rent

Census Median Rent$1,057
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market10
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold4
Active Inventory4
Price Per Sq Ft$112

Ownership & Stock

Owner-Occupied78.0%
Renter-Occupied22.0%
Homeownership Rate78.0%
Total Housing Units514
Median Year Built1951
Rent Burden28.5%