All Countries
Silver Lake, NC
Full City Profile · North Carolina · New Hanover County County
3.3
/5.0
B
Good
6,242
Population
2,527/sq mi density
$73,277
Median Income
$38,044 per capita
$287,500
Home Value
$408,845 Zillow
$1,289
Median Rent
39.6% income on rent
64°F
Avg Temperature
302 sunny days/yr
675
Violent Crime/100K
4,560 property/100K
B
Overall
3.3 / 5.0
Good 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
F
Safety
1.0 / 5.0
675 violent crimes/100K (78% above avg)
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher
Income Overview
Median Household Income
$73,277
2% below
US avg: $75,149
Per Capita Income
$38,044
3% below
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
7.9%
36% 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
$73,277
98%
Per Capita
US: $39,052
$38,044
97%
IRS Avg AGI
US: $72,000
$102,810
143%
Avg Weekly Wage
US: $1,432
$1,185
83%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,185
17% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
10.3%
32% below US avg (15.2%)
Drive Alone
80.2%
10% above US avg (73.2%)
Public Transit
0.9%
81% below US avg (5.0%)
County GDP
$21,041M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
80.2%
Public Transit
0.9%
Work From Home
10.3%
Other
8.6%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
11,216
Restaurants
821
Healthcare
908
Retail
1,119
Manufacturing
204
Tax & Financial
IRS Avg Adjusted Gross Income
$102,810
43% above US avg ($72,000)
Avg Property Tax
$4,918
41% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $73,277 |
| Per Capita Income | $38,044 |
| IRS Avg Adjusted Gross Income | $102,810 |
| Avg Weekly Wage | $1,185 |
| County GDP | $21,041M |
Hardship Indicators
| Unemployment Rate | 2.5% |
| Poverty Rate | 7.9% |
| Gini Coefficient | 0.485 |
| Cost of Living Index | 94.3 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 80.2% |
| Public Transit | 0.9% |
| Work From Home | 10.3% |
Businesses
| Total Establishments | 11,216 |
| Restaurants | 821 |
| Healthcare | 908 |
| Retail | 1,119 |
| Manufacturing | 204 |
Tax
| IRS Avg AGI | $102,810 |
| Avg Property Tax | $4,918 |