Also See Silver Lake, OH: ZIP Codes & Maps
The Village of Silver Lake had a population of 2,524 as of July 1, 2023.
The primary coordinate point for Silver Lake is located at latitude 41.1589 and longitude -81.4543 in Summit County. The formal boundaries for the Village of Silver Lake encompass a land area of 1.42 sq. miles and a water area of 0.18 sq. miles. Summit County is in the Eastern time zone (GMT -5).
The Village of Silver Lake has a C2 Census Class Code which indicates an active incorporated place legally coextensive with a county subdivision but treated as independent of any county subdivision. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 2,524 (100%) |
Population in Households | 2,509 (99.4%) |
Population in Families | 2,213 (87.7%) |
Population in Group Quarters1 | 15 ( 0.6%) |
Population Density | 1,774 |
Diversity Index2 | 19 |
INCOME | |
Median Household Income | $127,234 |
Average Household Income | $182,429 |
% of Income for Mortgage4 | 14% |
Per Capita Income | $75,394 |
Wealth Index5 | 261 |
Socioeconomic Status Index6 | High (71.7) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,081 (100%) |
Owner Occupied HU | 1,006 (93.1%) |
Renter Occupied HU | 37 ( 3.4%) |
Vacant Housing Units | 38 ( 3.5%) |
Median Home Value | $302,120 |
Average Home Value | $331,834 |
Housing Affordability Index3 | 147 |
HOUSEHOLDS | |
Total Households | 1,043 |
Average Household Size | 2.41 |
Family Households | 793 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.10% | -0.06% |
Households | 0.42% | 0.21% |
Families | 0.15% | |
Median Household Income | 2.48% | |
Per Capita Income | 2.60% | |
Owner Occupied HU | 0.22% |
The table below compares Silver Lake to the other 1,265 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 434 | 66th |
Population Density | # 338 | 73rd |
Median Household Income | # 43 | 97th |
Housing Affordability Index | # 814 | 64th |
Per Capita Income | # 23 | 98th |
Diversity Index | # 634 | 50th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Ohio Census Data Comparison Tool.
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