Silver Lake CDP (Essex County), New Jersey, NJ
Population 4,034 · New Jersey
About Silver Lake CDP (Essex County), New Jersey, NJ
Silver Lake CDP (Essex County), New Jersey is a small community in New Jersey with a population of 4,034 residents. The median household income is $86,615 per year, which is above the national average. The median age in Silver Lake CDP (Essex County), New Jersey is 41.2 years.
Housing in Silver Lake CDP (Essex County), New Jersey has a median home value of $483,700 and median monthly rent of $1,501. Of the 1,620 total housing units, the majority are owner-occupied, with 857 owner-occupied and 553 renter-occupied units.
The unemployment rate in Silver Lake CDP (Essex County), New Jersey is 2.8% and the poverty rate is 10.4%. 26.3% of residents hold a bachelor's degree or higher. The average commute time is 38.1 minutes.
Cost of Living in Silver Lake CDP (Essex County), New Jersey, NJ
Compared to national averages, Silver Lake CDP (Essex County), New Jersey has a median household income of $86,615 (15% above the national median of $75,149). Home values average $483,700, which is 98% above the national median. Monthly rent at $1,501 is 29% above the US average of $1,163. Within New Jersey, Silver Lake CDP (Essex County), New Jersey's income is 25% below the state average of $115,667, and home values are 3% above the state median of $469,644.
Why Live in Silver Lake CDP (Essex County), New Jersey, NJ?
Silver Lake CDP (Essex County), New Jersey offers a strong local economy with a median household income of $86,615, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a low poverty rate of 10.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $483,700. However, Silver Lake CDP (Essex County), New Jersey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Silver Lake CDP (Essex County), New Jersey has a population of 4,034 with a median age of 41.2 years. Compare Silver Lake CDP (Essex County), New Jersey with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Silver Lake CDP (Essex County), New Jersey
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bordentown | 4,006 | $91,208 | $322,300 | Compare |
| Leisure Village West | 4,070 | $60,309 | $203,700 | Compare |
| Singac | 3,987 | $116,136 | $416,200 | Compare |
| Riverdale | 4,084 | $96,667 | $384,500 | Compare |
| The College of New Jersey | 4,103 | $8,493 | $0 | Compare |
| Fairview | 3,950 | $170,395 | $595,000 | Compare |
| Lawrenceville | 3,947 | $118,482 | $413,600 | Compare |
| Highland Lakes | 3,941 | $129,500 | $291,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Silver Lake CDP (Essex County), New Jersey With Other Cities
Frequently Asked Questions about Silver Lake CDP (Essex County), New Jersey
What is the population of Silver Lake CDP (Essex County), New Jersey, NJ?
The population of Silver Lake CDP (Essex County), New Jersey, NJ is 4,034 according to the latest Census data.
What is the median household income in Silver Lake CDP (Essex County), New Jersey?
The median household income in Silver Lake CDP (Essex County), New Jersey, NJ is $86,615 per year.
What is the median home value in Silver Lake CDP (Essex County), New Jersey?
The median home value in Silver Lake CDP (Essex County), New Jersey, NJ is $483,700.
What is the average rent in Silver Lake CDP (Essex County), New Jersey?
The median monthly rent in Silver Lake CDP (Essex County), New Jersey, NJ is $1,501.
What is the unemployment rate in Silver Lake CDP (Essex County), New Jersey?
The unemployment rate in Silver Lake CDP (Essex County), New Jersey, NJ is 2.8%.