Silver Lake, OH Profile: Facts & Data

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.

Silver Lake, OH Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	2,493 (100%)
Population in Households	2,478 (99.4%)
Population in Families	2,051 (82.3%)
Population in Group Quarters¹	15 ( 0.6%)
Population Density	1,753
Diversity Index²	20


INCOME
Median Household Income	$155,817
Average Household Income	$207,403
% of Income for Mortgage⁴	14%
Per Capita Income	$87,206
Wealth Index⁵	259
Socioeconomic Status Index⁶	High (67.6)

HOUSING
Total HU (Housing Units)	1,083 (100%)
Owner Occupied HU	996 (92.0%)
Renter Occupied HU	52 ( 4.8%)
Vacant Housing Units	35 ( 3.2%)
Median Home Value	$335,178
Average Home Value	$375,459
Housing Affordability Index³	159

HOUSEHOLDS
Total Households	1,048
Average Household Size	2.36
Family Households	762
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Silver Lake, OH - Peer Comparisons by Rank and Percentile

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, 2025 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.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	-0.17%	-0.29%
Households	0.35%	0.08%
Families		-0.11%
Median Household Income		2.34%
Per Capita Income		2.74%
Owner Occupied HU		0.10%

Variable Description	Rank	Percentile
Total Population	# 436	66th
Population Density	# 337	73rd
Median Household Income	# 35	97th
Housing Affordability Index	# 1115	88th
Per Capita Income	# 22	98th
Diversity Index	# 622	51st

Silver Lake, OH Profile: Facts & Data

Silver Lake, Ohio - Basic Facts

Silver Lake, OH Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Silver Lake, OH - Peer Comparisons by Rank and Percentile

Silver Lake, OH - Most Popular Things to Do

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