Silver Lake, FL
Population 2,610 · Florida
About Silver Lake, FL
Silver Lake is a small town located in Florida with a population of 2,610 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,709 per year, which is 1% above the national median of $75,149. The median age of 38.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Silver Lake features a median home value of $299,000, which is 22% above the national median of $244,900. This positions Silver Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,306, 12% above the national average of $1,163/month. Of the 947 total housing units, 88% are owner-occupied (802 units) and 12% are renter-occupied (110 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Silver Lake shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.4%, above the national average of 12.4%. Workers in Silver Lake have an average one-way commute time of 22.3 minutes.
Education & Demographics
37.3% of Silver Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 14.0% White, 0.8% Hispanic or Latino, 3.3% Black or African American, and 5.3% Asian residents, with 12.2% of the population being foreign-born.
Cost of Living in Silver Lake, FL
Compared to national averages, Silver Lake has a median household income of $75,709 (1% above the national median of $75,149). Home values average $299,000, which is 22% above the national median. Monthly rent at $1,306 is 12% above the US average of $1,163. Within Florida, Silver Lake's income is 0% below the state average of $75,893, and home values are 15% below the state median of $353,675.
Why Live in Silver Lake, FL?
Silver Lake offers a strong local economy with a median household income of $75,709, well above the national average, and a well-educated community where 37.3% of residents hold a bachelor’s degree or higher, and short commute times averaging just 22.3 minutes.
Silver Lake has a population of 2,610 with a median age of 38.9 years. Compare Silver Lake with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Silver Lake
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Graceville | 2,609 | $33,068 | $106,300 | Compare |
| Eastpoint | 2,602 | $61,327 | $204,400 | Compare |
| Holley | 2,595 | $121,494 | $386,200 | Compare |
| Monticello | 2,627 | $44,920 | $192,500 | Compare |
| Eatonville | 2,582 | $35,509 | $176,600 | Compare |
| Silver Springs | 2,640 | $32,228 | $0 | Compare |
| Tropical Park | 2,567 | $29,297 | $226,700 | Compare |
| Roosevelt Gardens | 2,566 | $48,992 | $252,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Silver Lake With Other Cities
Frequently Asked Questions about Silver Lake
What is the population of Silver Lake, FL?
The population of Silver Lake, FL is 2,610 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Silver Lake?
The median household income in Silver Lake, FL is $75,709 per year, which is 1% above the national median of $75,149.
What is the median home value in Silver Lake?
The median home value in Silver Lake, FL is $299,000, which is 22% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Silver Lake?
The median monthly rent in Silver Lake, FL is $1,306, which is 12% above the national average of $1,163/month.
What is the unemployment rate in Silver Lake?
The unemployment rate in Silver Lake, FL is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Silver Lake, FL a good place to live?
Silver Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,610 and a median age of 38.9, the city appeals to a broad range of residents.
How educated is Silver Lake, FL?
37.3% of residents in Silver Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Silver Lake?
Key cost-of-living indicators for Silver Lake, FL: median home value is $299,000 (22% above national), median rent is $1,306/month, and median household income is $75,709. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Silver Lake?
The poverty rate in Silver Lake, FL is 18.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Silver Lake, FL?
Silver Lake's population is 14.0% White, 0.8% Hispanic or Latino, 3.3% Black or African American, 5.3% Asian, and 1.8% two or more races. 12.2% of residents are foreign-born.