Silver Lake, NC

North Carolina · Metropolitan Area

Silver Lake is a small city in North Carolina with a population of 6,242. Residents earn $73,277 per year, which is 2% below the national average.

4.1 /5.0
A Great
6,242 Population 2,527/sq mi density
$73,277 Median Income $38,044 per capita
$287,500 Home Value
$1,289 Median Rent
64°F Avg Temperature
A
Overall
4.1 / 5.0
Great overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$73,277 median income, 2.5% unemployment
A
Affordability
4.5 / 5.0
$287,500 home value, $1,289/mo rent
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher
Median Income $73,277
2% lower than US avg
Home Value $287,500
2% higher than US avg
Bachelor's+ 31.0%
8% lower than US avg
Median Rent $1,289
11% higher than US avg
Obesity Rate 33.2%
3% higher than US avg
Unemployment 2.5%
31% lower than US avg
Poverty Rate 7.9%
36% lower than US avg

How Silver Lake Compares to the U.S. Average (100% = U.S. avg)

People

Population6,242
Median Age42.6 yrs
Density2,527/mi²
Male / Female55% / 46%
Largest GroupWhite 74%

Economy

A
Median Income$73,277
Per Capita$38,044
Unemployment2.5%
Poverty7.9%
County GDP$21,041M
Commute23 min

Housing

A
Home Value$287,500
Rent$1,289
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

Obesity33.2%
UninsuredN/A
Depression26.1%
Heart Disease5.9%

Climate

Avg Temp64°F
AQI40 (Good)
Rain65.1 in/yr
Elevation4 ft

Education

B
Bachelor's+31.0%
High School+90.1%
School Score5.46

Community

2024 VoteR 49% / D 50%
Commute23 min
Libraries4

Is Silver Lake a Good Place to Live?

Based on current data, Silver Lake receives an overall livability score of 4.1 out of 5.0, earning a grade of A. Key strengths include low unemployment, a low poverty rate. Silver Lake stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Silver Lake is $73,277, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 2.5%. Only 7.9% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 23 minutes.

Cost of Living & Housing

The median home value in Silver Lake is $287,500, roughly aligned with the national median of $281,900. Renters pay a median of $1,289 per month. A price-to-income ratio of 3.9x indicates a reasonably affordable housing market.

Education

31.0% of residents hold a bachelor's degree, below the national average of 33.7%. 90.1% have completed high school. Area schools have an average test score of 5.5/10.

Climate & Weather

Silver Lake enjoys a moderate climate with an average annual temperature of 64°F. Winters average 46°F in January while summers reach 82°F in July. Annual precipitation totals 65.1 inches. Air quality is rated Good with a median AQI of 40.

Silver Lake has a population of 6,242 with a density of 2,527 people per square mile. The median age is 42.6 years, 10% older than the national median of 38.9. The city is predominantly White (74.4%), with 3.9% Hispanic, 3.1% Black.

Population

6,242
Total Population
2,527
People / sq mi
42.6yrs
Median Age
10% above US avg
2.5mi²
Land Area

Gender Distribution

Male 54.5%
Female 45.5%

Race & Ethnicity

Silver Lake vs U.S. Average

Language Spoken at Home

English Only90.6%
15% above US avg
Spanish9.4%
30% below US avg

Social Characteristics

Silver Lake vs U.S. Average

The median household income in Silver Lake is $73,277, which is 2% below the national average of $75,149. The unemployment rate is 2.5% (below the 3.6% US average). 7.9% of residents live below the poverty line. Workers commute an average of 23 minutes.

Income: Silver Lake vs U.S.

Commute Mode

Income

Median HH Income$73,277
2% below US avg
Per Capita Income$38,044
Avg Weekly Wage$1,185
IRS Avg AGI$102,810

Employment & Poverty

Unemployment2.5%
31% below US avg
Poverty Rate7.9%
36% below US avg
Establishments (County)11,216
County GDP$21,041M

Business (County)

Restaurants821
Healthcare908
Retail1,119
Manufacturing204

Tax & Cost of Living

Property Tax (IRS)$4,918
41% above US avg
Effective Tax Rate1.71%

Commute & Transportation

Commute Time22.7 min
Work from Home10.3%

Walkability

The median home value in Silver Lake is $287,500, 2% above the national average. Monthly rent averages $1,289 (11% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$287,500
2% above US avg
Median List Price$650,000

Real Estate Market (Redfin)

Median List Price$650,000
$/Sq Ft$263
Homes Sold7
Sale-to-List Ratio98.4%
Price Drops36.8%
Inventory19

Rental Costs

Census Median Rent$1,289
11% above US avg

HUD Fair Market Rent

Studio$932
1 Bedroom$981
2 Bedrooms$1,161
3 Bedrooms$1,499
4 Bedrooms$1,780

Ownership & Property

Owner-Occupied78.6%

Property Tax

Avg Tax (IRS)$4,918
41% above US avg
Effective Rate1.71%
In Silver Lake, 33.2% of adults are obese (above the 32.1% national rate). 26.1% report depression. 22.8% are physically inactive.

Health Metrics: Silver Lake vs U.S. Average (%)

Chronic Conditions

Obesity33.2%
3% above US avg
Diabetes10.1%
Heart Disease5.9%
High Blood Pressure32.6%
Asthma10.7%
COPD6.6%
Stroke3.1%

Behaviors & Mental Health

Binge Drinking18.6%
Physical Inactivity22.8%
Depression26.1%
Mental Distress17.7%
Physical Distress12.4%

Healthcare Access

Insurance Rate89.9%
Checkup Rate77.7%
Premature Death8,454/100K

Food & Exercise

Food Environment7.5/10
Exercise Access95.4%
Healthcare Facilities908

Crime Rates: Silver Lake vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)14

Safety Score

Silver Lake has an average annual temperature of 64°F (18°C). Winters average 46°F in January while summers reach 82°F in July. Annual precipitation is 65.1 inches. Air quality is rated Good with a median AQI of 40.

Temperature

46°F Jan (8°C) 82°F Jul (28°C)
Annual Average64.1°F
19% above US avg
January Average46°F (8°C)
July Average82°F (28°C)

Precipitation & Snow

Annual Rainfall65.1 inches
71% above US avg

Air Quality

AQI Median40.0
RatingGood

Geography

Elevation4 ft (1 m)
Area2.5 sq mi (6.4 km²)
Population Density2,527/sq mi
Coordinates34.1423°N, 77.9089°W
County FIPS37129
It is classified as Metro — 250K–1M. 31.0% of residents hold a bachelor's degree or higher (8% below US avg). In the 2024 election, the county voted Democrat by a 0.6-point margin.

2024 Presidential Election (County)

R 49.2%
D 49.8%

Winner: Democrat by 0.6 points

Education

Bachelor's Degree+31.0%
8% below US avg
High School+90.1%
School Test Score5.46
B Education Grade (3.5/5.0)

Urban-Rural Classification

RUCC Code 2Metro — 250K–1M
Population Density2,527/sq mi
Total Area2.5 sq mi

Infrastructure & Services

Public Libraries4
Healthcare Facilities908
Restaurants821
Retail Stores1,119

Safety & Disasters

Fatal Crashes (County/yr)14

Commute & Transportation

Avg Commute22.7 min
Work from Home10.3%

Nearby Cities

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