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ZipNumbers

Indiana · Census place 69768

Silver Lake town, IN

Quick answer

Silver Lake town has 961 residents, ranking #367 of 976 places in Indiana. Median household income is $53,542, the median home is worth $107,300 and median gross rent runs $1,057 a month.

Population
961Silver Lake town residents
Median household income
$53,542Past 12 months, inflation adjusted
Median home value
$107,300Owner-occupied units
Median gross rent
$1,057Rent plus utilities, monthly
Median age
46.3 yrsAll residents
Homeownership rate
78%Owner-occupied households

What the numbers mean in Silver Lake town

Housing cost measured against local earnings.

A household earning the Silver Lake town median would spend about 23.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.1% of residents and 78% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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