Silver Lake, IN Community Profile: Data

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Silver Lake, Indiana - Basic Facts

Silver Lake is the common name for the community and surrounding area while the formal official name is the Town of Silver Lake.

It is an incorporated place (Class Code P1) located in Kosciusko County at latitude 41.0723 and longitude -85.8917. Kosciusko County is in the Eastern time zone (GMT -5). The elevation is 906 feet.

The formal boundaries for the Town of Silver Lake (see map) encompass a land area of 0.53 sq. miles and a water area of 0 sq. miles.

Alternate Unofficial Names for Silver Lake: Silver Lake Junction, Silver Lakeville, Silverlake, Silverlake Junction.

Camera Icon Photos of the local Silver Lake, IN area

Also See: Silver Lake, IN ZIP Codes and ZIP Code Maps

Silver Lake, IN - Peer Comparisons by Rank and Percentile

The table below compares Silver Lake to the other 681 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 358 48th
Population Density1 # 213 69th
Diversity Index2 # 190 72nd
Median Household Income # 288 58th
Per Capita Income # 406 41st

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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Silver Lake, IN Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 903
Population in Households 893
Population in Familes 740
Population in Group Qrtrs 10
Population Density1 1,719
Diversity Index2 16
 

HOUSEHOLDS

Total Households 365
Average Household Size 2.45
Family Households 258
Average Family Size 3

HOUSING

Total Housing Units 478 (100%)
Owner Occupied HU 301 (63.0%)
Renter Occupied HU 64 (13.4%)
Vacant Housing Units 113 (23.6%)
Median Home Value $74,161
Average Home Value $85,099
 

INCOME

Median Household Income $50,068
Average Household Income $55,344
Per Capita Income $21,422
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population -0.31% -0.07%
Households -0.06% 0.05%
Families 1.32% 0.0%
Median Household Income   1.95%
Per Capita Income   2.19%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Information Updates

The Demographic Data for the 2,543 Indiana cities, towns, counties, ZIP Codes and Census Designated Places (CDPs) profiled in this gazetteer is updated annually. Last Update: July 1, 2014.

The ZIP Code maps and the data regarding the number of residential and business addresses in each ZIP Code are updated four times per year. Last Update: November 1, 2014.

The information on the 30,000 Indiana Physical, Cultural and Historic Features is updated six times per year. Last Update: December 2, 2014.

The School Attendance Zone Maps for 1,561 Indiana public schools are updated four times per year. Last Update: October 6, 2014.