Silver Lake SnackAbility
Overall SnackAbility
Cost of living in Silver Lake summary. We use data on the cost of living to determine how expensive it is to live in Silver Lake. Real estate prices drive most of the variance in cost of living around North Carolina. Key points include:
The cost of living in Silver Lake is 98 with 100 being average.
The cost of living in Silver Lake is 1.0x lower than the national average.
The median home value in Silver Lake is $379,026.
The median income in Silver Lake is $76,756.
Silver Lake's Overall Cost Of Living
Lower Than The National Average
Cost Of Living In Silver Lake Comparison Table
| Living Expense | Silver Lake | North Carolina | National Average |
|---|---|---|---|
| Overall | 98 | 95 | 100 |
| Services | 100 | 98 | 100 |
| Groceries | 98 | 98 | 100 |
| Health | 98 | 89 | 100 |
| Housing | 98 | 100 | 100 |
| Transportation | 98 | 97 | 100 |
| Utilities | 100 | 101 | 100 |
Source: Cost of living index, normalized to US average = 100
Silver Lake, NC Weather
The average high in Silver Lake is 73.1° and the average low is 52.9°.
There are 77.1 days of precipitation each year.
Expect an average of 57.1 inches of precipitation each year with 1.0 inches of snow.
| Stat | Silver Lake |
|---|---|
| Average Annual High | 73.1 |
| Average Annual Low | 52.9 |
| Annual Precipitation Days | 77.1 |
| Average Annual Precipitation | 57.1 |
| Average Annual Snowfall | 1.0 |
Average High
Days of Rain
Source: NOAA climate normals (30-year)
Rankings & Articles For Silver Lake
Locations Around Silver Lake
Map Of Silver Lake, NC
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Silver Lake Demographics And Statistics
Population over time in Silver Lake
The current population in Silver Lake is 6,563. The population has increased 21.0% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 6,563 | 5.1% |
| 2023 | 6,242 | 6.6% |
| 2022 | 5,858 | 3.0% |
| 2021 | 5,690 | -7.4% |
| 2020 | 6,146 | -5.1% |
| 2019 | 6,476 | 2.3% |
| 2018 | 6,330 | -5.1% |
| 2017 | 6,669 | 9.0% |
| 2016 | 6,117 | 4.1% |
| 2015 | 5,874 | -2.5% |
| 2014 | 6,024 | 1.6% |
| 2013 | 5,929 | 5.5% |
| 2012 | 5,622 | -1.1% |
| 2011 | 5,687 | 4.8% |
| 2010 | 5,426 | - |
Race / Ethnicity in Silver Lake
See the full breakdown
Silver Lake is:
70.8% White with 4,644 White residents.
3.4% African American with 221 African American residents.
0.1% American Indian with 8 American Indian residents.
0.0% Asian with 0 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.5% Other with 31 Other residents.
4.7% Two Or More with 309 Two Or More residents.
20.6% Hispanic with 1,350 Hispanic residents.
| Race | Silver Lake | NC | USA |
|---|---|---|---|
| White | 70.8% | 60.0% | 57.4% |
| African American | 3.4% | 20.0% | 11.9% |
| American Indian | 0.1% | 0.8% | 0.5% |
| Asian | 0.0% | 3.3% | 5.9% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 0.5% | 0.5% | 0.6% |
| Two Or More | 4.7% | 4.1% | 4.3% |
| Hispanic | 20.6% | 11.3% | 19.3% |
Gender in Silver Lake
See the full breakdown
Silver Lake is 44.6% female with 2,925 female residents.
Silver Lake is 55.4% male with 3,637 male residents.
| Gender | Silver Lake | NC | USA |
|---|---|---|---|
| Female | 44.6% | 51.1% | 50.5% |
| Male | 55.4% | 48.9% | 49.5% |
Highest level of educational attainment in Silver Lake for adults over 25
See the full breakdown
8.0% of adults in Silver Lake completed < 9th grade.
3.0% of adults in Silver Lake completed 9-12th grade.
18.0% of adults in Silver Lake completed high school / ged.
28.0% of adults in Silver Lake completed some college.
11.0% of adults in Silver Lake completed associate's degree.
18.0% of adults in Silver Lake completed bachelor's degree.
12.0% of adults in Silver Lake completed master's degree.
2.0% of adults in Silver Lake completed professional degree.
0.0% of adults in Silver Lake completed doctorate degree.
| Education | Silver Lake | NC | USA |
|---|---|---|---|
| < 9th Grade | 8.0% | 3.0% | 4.0% |
| 9-12th Grade | 3.0% | 6.0% | 6.0% |
| High School / GED | 18.0% | 25.0% | 26.0% |
| Some College | 28.0% | 20.0% | 19.0% |
| Associate's Degree | 11.0% | 10.0% | 9.0% |
| Bachelor's Degree | 18.0% | 22.0% | 22.0% |
| Master's Degree | 12.0% | 10.0% | 10.0% |
| Professional Degree | 2.0% | 2.0% | 2.0% |
| Doctorate Degree | 0.0% | 2.0% | 2.0% |
Household Income For Silver Lake, North Carolina
See the full breakdown
4.5% of households in Silver Lake earn Less than $10,000.
2.4% of households in Silver Lake earn $10,000 to $14,999.
2.7% of households in Silver Lake earn $15,000 to $24,999.
9.6% of households in Silver Lake earn $25,000 to $34,999.
14.3% of households in Silver Lake earn $35,000 to $49,999.
13.5% of households in Silver Lake earn $50,000 to $74,999.
13.6% of households in Silver Lake earn $75,000 to $99,999.
11.8% of households in Silver Lake earn $100,000 to $149,999.
20.3% of households in Silver Lake earn $150,000 to $199,999.
7.3% of households in Silver Lake earn $200,000 or more.
| Income | Silver Lake | NC | USA |
|---|---|---|---|
| Less than $10,000 | 4.5% | 5.0% | 5.0% |
| $10,000 to $14,999 | 2.4% | 3.7% | 3.4% |
| $15,000 to $24,999 | 2.7% | 7.1% | 6.3% |
| $25,000 to $34,999 | 9.6% | 7.4% | 6.6% |
| $35,000 to $49,999 | 14.3% | 11.7% | 10.1% |
| $50,000 to $74,999 | 13.5% | 16.8% | 15.5% |
| $75,000 to $99,999 | 13.6% | 13.0% | 12.6% |
| $100,000 to $149,999 | 11.8% | 16.6% | 17.5% |
| $150,000 to $199,999 | 20.3% | 8.3% | 9.6% |
| $200,000 or more | 7.3% | 10.4% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
