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ZipNumbers

New Jersey · Census place 67590

Silver Lake CDP (Essex County), NJ

Quick answer

Silver Lake CDP (Essex County) has 4,034 residents, ranking #338 of 700 places in New Jersey. Median household income is $86,615, the median home is worth $483,700 and median gross rent runs $1,501 a month.

Population
4,034Silver Lake CDP (Essex County) residents
Median household income
$86,615Past 12 months, inflation adjusted
Median home value
$483,700Owner-occupied units
Median gross rent
$1,501Rent plus utilities, monthly
Median age
41.2 yrsAll residents
Homeownership rate
60.8%Owner-occupied households

What the numbers mean in Silver Lake CDP (Essex County)

Housing cost measured against local earnings.

A household earning the Silver Lake CDP (Essex County) median would spend about 20.8% 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 5.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.4% of residents and 60.8% 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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