Silver Lake, OR
Population 315 · Oregon
About Silver Lake, OR
Silver Lake is a small community located in Oregon with a population of 315 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 30.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Silver Lake features a median home value of $0, which is 100% below the national median of $244,900. This makes Silver Lake one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 160 total housing units, 38% are owner-occupied (45 units) and 62% are renter-occupied (72 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Silver Lake shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Silver Lake have an average one-way commute time of 45.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
23.4% of Silver Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Silver Lake, OR
Compared to national averages, Silver Lake has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Oregon, Silver Lake's income is 100% below the state average of $76,196, and home values are 100% below the state median of $382,095.
Why Live in Silver Lake, OR?
Silver Lake offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 10.2%, better than the national average.
Potential considerations include median household income ($0) 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 315 with a median age of 30.6 years. Compare Silver Lake with other cities to see how it stacks up, or explore all cities in Oregon.
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Cities in Oregon with a similar population size.
Demographics
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Economy & Education
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Other Cities in Oregon
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Silver Lake
What is the population of Silver Lake, OR?
The population of Silver Lake, OR is 315 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Oregon.
What is the median household income in Silver Lake?
The median household income in Silver Lake, OR is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Silver Lake?
The median home value in Silver Lake, OR is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Silver Lake?
The median monthly rent in Silver Lake, OR is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Silver Lake?
The unemployment rate in Silver Lake, OR is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Silver Lake, OR a good place to live?
Silver Lake offers a moderate cost of living, affordable housing, and a strong job market. With a population of 315 and a median age of 30.6, the city appeals to young professionals and families.
How educated is Silver Lake, OR?
23.4% of residents in Silver Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Silver Lake?
Key cost-of-living indicators for Silver Lake, OR: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Silver Lake?
The poverty rate in Silver Lake, OR is 10.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Silver Lake, OR?
Silver Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.