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US City Data

Silver Lake, NC

Population 6,242 · North Carolina

Population
6,242
Median Income
$73,277
Median Home Value
$287,500
Median Rent
$1,289/mo

About Silver Lake, NC

Silver Lake is a small community in North Carolina with a population of 6,242 residents. The median household income is $73,277 per year, which is above the national average. The median age in Silver Lake is 42.6 years.

Housing in Silver Lake has a median home value of $287,500 and median monthly rent of $1,289. Of the 2,754 total housing units, the majority are owner-occupied, with 2,101 owner-occupied and 572 renter-occupied units.

The unemployment rate in Silver Lake is 3.7% and the poverty rate is 10.5%. 31.0% of residents hold a bachelor's degree or higher. The average commute time is 22.7 minutes.

Cost of Living in Silver Lake, NC

Compared to national averages, Silver Lake has a median household income of $73,277 (2% below the national median of $75,149). Home values average $287,500, which is 17% above the national median. Monthly rent at $1,289 is 11% above the US average of $1,163. Within North Carolina, Silver Lake's income is 14% above the state average of $64,468, and home values are 26% above the state median of $228,922.

Income vs National
$73,277
National: $75,149
North Carolina: $64,468
Home Value vs National
$287,500
National: $244,900
North Carolina: $228,922
Rent vs National
$1,289
National: $1,163
North Carolina: $1,012
Unemployment vs National
3.7%
National: 3.7%
North Carolina: 7%

Why Live in Silver Lake, NC?

Silver Lake offers a low poverty rate of 10.5%, better than the national average, and short commute times averaging just 22.7 minutes.

Potential considerations include median household income ($73,277) that falls below the national average. However, Silver Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Silver Lake has a population of 6,242 with a median age of 42.6 years. Compare Silver Lake with other cities to see how it stacks up, or explore all cities in North Carolina.

Similar Cities Near Silver Lake

Cities in North Carolina with a similar population size.

CityPopulationMedian IncomeHome Value
Boiling Spring Lakes6,206$59,750$260,400Compare
Cherryville6,154$58,701$198,000Compare
Briar Chapel6,084$154,583$508,300Compare
Swannanoa6,043$72,978$270,800Compare
East Flat Rock6,468$59,679$207,400Compare
Dallas6,012$57,755$221,700Compare
Mocksville6,001$55,544$210,900Compare
Hamlet6,000$38,500$103,800Compare

Demographics

42.6
Median Age
3,405
Male
2,837
Female
7.4%
Foreign Born

Racial & Ethnic Composition

White7.4Hispanic/Latino3.9Black2.9Asian9.5Two or More2.5

Economy & Education

3.7%
Unemployment Rate
10.5%
Poverty Rate
31%
Bachelor's Degree+
22.7 min
Avg Commute

Housing

2,754
Total Housing Units
2,101
Owner Occupied
572
Renter Occupied

Other Cities in North Carolina

Carolina BeachCarolina MeadowsCarolina ShoresLake JunaluskaLake LureLake Norman Of Catawba

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Silver Lake With Other Cities

Silver Lake vs Carolina BeachSilver Lake vs Carolina MeadowsSilver Lake vs Carolina ShoresSilver Lake vs Lake Junaluska

Frequently Asked Questions about Silver Lake

What is the population of Silver Lake, NC?

The population of Silver Lake, NC is 6,242 according to the latest Census data.

What is the median household income in Silver Lake?

The median household income in Silver Lake, NC is $73,277 per year.

What is the median home value in Silver Lake?

The median home value in Silver Lake, NC is $287,500.

What is the average rent in Silver Lake?

The median monthly rent in Silver Lake, NC is $1,289.

What is the unemployment rate in Silver Lake?

The unemployment rate in Silver Lake, NC is 3.7%.

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