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
Compare with nearby places
Places of similar size in Indiana.
- Taylorsville CDP 978
- Francesville town 966
- Dublin town 962
- Elberfeld town 958
- Bunker Hill town 956
- Fish Lake CDP 954
- Gilmer Park CDP 929
Keep going
More Indiana coverage.