North Carolina · Census place 61950
Silver Lake CDP, NC
Quick answer
Silver Lake CDP has 6,242 residents, ranking #139 of 777 places in North Carolina. Median household income is $73,277, the median home is worth $287,500 and median gross rent runs $1,289 a month.
- Population
- 6,242Silver Lake CDP residents
- Median household income
- $73,277Past 12 months, inflation adjusted
- Median home value
- $287,500Owner-occupied units
- Median gross rent
- $1,289Rent plus utilities, monthly
- Median age
- 42.6 yrsAll residents
- Homeownership rate
- 78.6%Owner-occupied households
What the numbers mean in Silver Lake CDP
Housing cost measured against local earnings.
A household earning the Silver Lake CDP median would spend about 21.1% 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 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.5% of residents and 78.6% 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 North Carolina.
- Selma town 6,611
- Marvin village 6,542
- East Flat Rock CDP 6,468
- Boiling Spring Lakes city 6,206
- Cherryville city 6,154
- Briar Chapel CDP 6,084
- Swannanoa CDP 6,043
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More North Carolina coverage.