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Silver Lake CDP, North Carolina

City

Population: 6,242 (2023 estimate)

Located in North Carolina , North Carolina

Census Bureau data for Silver Lake CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Silver Lake CDP

What is the median household income in Silver Lake CDP?
The median household income in Silver Lake CDP is $73,277 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Silver Lake CDP?
The poverty rate in Silver Lake CDP is 7.9% (U.S. Census Bureau ACS 2023).
What is the median home value in Silver Lake CDP?
$287,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Silver Lake CDP?
The median gross rent in Silver Lake CDP is $1,289 per month (U.S. Census Bureau ACS 2023).
What percentage of Silver Lake CDP residents have a college degree?
31.0% of adults in Silver Lake CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
6,242
Median Income
$73,277
Median Home Value
$287,500
Poverty Rate
7.9%
Unemployment (ACS 2023)
3.7%
Median Age
42.0 yrs
Since 2019 Median Income: +$21,204 (+40.7%) Home Value: +$112,900 (+64.7%) Poverty Rate: -7.3 pp (-48%) Bachelor's+: +5.6 pp (+22%) Unemployment: +0.7 pp (+23.3%)

Demographics

Total Population 6,242
Median Age 42.0
Female 45.5%
Race & Ethnicity
Hispanic or Latino 20.3% White (non-Hisp.) 72.5% Black 3.1% Two or More 10.7% Other 11.9%
Hispanic Subgroups (% of total pop.)
Mexican
7.4%
Puerto Rican
2.9%
Cuban
0.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $73,277 ±$19,868
+$3,373 vs. state
Per Capita Income $80,978
Median Family Income $77,917
Poverty Rate 7.9%
-1.5 pp vs. state
Child Poverty Rate 12.9%
Working-Age Poverty Rate —
SNAP Recipients 6.2%
Social Security Income —
Retirement Income 27.9%
Household Income Distribution
< $10k
4.4%
$10–15k
3.0%
$15–25k
3.9%
$25–35k
12.0%
$35–50k
15.3%
$50–75k
14.3%
$75–100k
10.5%
$100–150k
10.9%
$150–200k
19.2%
$200k+
6.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 2,754
Owner-Occupied 78.6%
Renter-Occupied 21.4%
Vacancy Rate 2.9%
Median Home Value $287,500
+$28,100 vs. state
Median Gross Rent $1,289
Owner Cost Burden (30%+) 18.3%
Renter Cost Burden (30%+) 67.8%
Home Value Distribution
< $50k
20.2%
$50–100k
1.7%
$100–200k
0.4%
$200–300k
21.6%
$300–500k
30.0%
$500k–$1M
17.5%
Gross Rent Distribution
$500–1k
8.6%
$1–1.5k
66.3%
$1.5–2k
24.5%
$2–2.5k
0.7%
Vehicle Availability
No vehicle
2.0%
1 vehicle
26.3%
2 vehicles
42.6%
3+
29.1%
Housing Type
Single-fam. det.
83.0%
Single-fam. att.
4.8%
2–4 units
0.9%
Mobile home
11.4%
Housing Age
1940–1969
1.5%
1970–1999
25.8%
2000–2009
15.5%
2010+
23.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 90.1%
Bachelor's or Higher 31.0%
-3.7 pp vs. state
Graduate Degree 12.7%
Some College / Associate 34.1%
Less Than High School 6.4%
Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 67.5%
Unemployment Rate 3.7%
-1.1 pp vs. state
Work from Home 10.3%
Self-Employed 10.6%
Government Workers 16.6%
Private For-Profit 72.3%
Industry
Edu/Health
19.7%
Prof. Services
16.6%
Retail
11.7%
Information
10.0%
Construction
8.3%
Arts/Entmt.
6.7%
Transportation
6.6%
Manufacturing
5.9%
Public Admin
4.0%
Finance
3.0%
Wholesale
1.3%
Agriculture
1.0%
Occupation
Management
31.8%
Food Prep
20.9%
Sales
17.8%
Construction
16.6%
Production
12.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 22.7 min
Drove Alone 80.2%
Carpool 7.2%
Public Transit 0.9%
Work from Home 10.3%
Walked 1.0%
Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 2,673
Avg. Household Size 2.00
Avg. Family Size —
Married-Couple Households 49.3%
Single-Mother Households —
Single-Father Households —
Living Alone —
Households with Children 17.2%
Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
7.2%
5–9
5.4%
10–14
5.1%
15–19
5.6%
20–24
3.4%
25–34
13.5%
35–44
10.9%
45–54
14.4%
55–64
9.8%
65–74
3.8%
75–84
13.9%
85+
6.1%
Under 18: 20.7% Working age (18–64): 79.3% 65 and over: 21.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 7.4%
Naturalized Citizen 25.7%
Speaks English Less Than Very Well 6.6%
Foreign-Born Origin
Latin America
80.9%
Europe
15.7%
Asia
2.0%

Veterans & Disability

Veteran 7.8%
With a Disability 12.3%
Cognitive Difficulty —
Ambulatory Difficulty —

Health Insurance

Insured 90.6%
Uninsured 9.4%
Employer Insurance —
Medicaid —
Medicare —

Technology & Mobility

Broadband Internet 90.5%
Has a Computer 95.1%
Same House 1 Year Ago 88.6%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Silver Lake CDP

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Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured