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AREA INFORMATION

Silver Lake, IN

Explore the real estate in Silver Lake, IN

Area Highlights

Silver Lake, IN residents have a median age of 48.1 years old, with employment highest in the production occupations and transportation industries.

889 Population

The population has increased by 1.6% since the year 2010.

346 Households

$60,149 /yr
Median Household Income

$147,500
Median Home Sale Price

31m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

48.1 Median Age

Average Household Size

2.6
persons per
household

47.4%

Married Households

Community Population By Education

High School Graduate 57%
Some College 15%
Some High School 13%
Associates Degree 6%
Bachelors Degree 5%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 57.25% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.4% of households have children

Economics

$60,149 /yr
Median Household Income
$147,500
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 29.19% of the households.

Transportation to Work

  • Drive 97%
  • Walk or Bike 1%
  • Public Transit 1%
  • Work from Home 1%

Occupancy by Type

Owned 295 70%
Vacant 78 18%
Rented 51 12%

White vs Blue Collar Jobs







White Collar 51%
Blue Collar 49%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 48.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 94%
Hispanic 3%
Other 1%
Black <1%
Native American <1%
Asian <1%
The most prevalent ethnicity is White at 94%, followed by Hispanic at 3%, Other at 1%, and Black at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

84° July
Hottest Average Month
16° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
32°
Feb
18°
36°
Mar
27°
47°
Apr
38°
60°
May
48°
71°
Jun
58°
81°
Jul
62°
84°
Aug
60°
82°
Sep
52°
76°
Oct
41°
64°
Nov
32°
49°
Dec
21°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$37,500
For sale
1 acres

404 S. Jefferson St.
Silver Lake, IN 46982

$49,900
For sale
4.47 acres

0 TBD N Pleasant Street
Silver Lake, IN 46982

$24,000
For sale
0.18 acres

5264 W Warren Avenue
Silver Lake, IN 46982

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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