Is Silver Lake, FL a Good Place to Live?
Silver Lake is a small town of 2,524 in Florida, with a median household income of $73,700 and a 6.8% unemployment rate. Its cost of living index is 101 (US average = 100), which is 1% above the national average.
Strengths: Silver Lake stands out for a well-educated population, short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Silver Lake is right for you depends on your priorities — the full breakdown is below.
All Silver Lake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 101.1Silver Lake's overall cost of living index is 101.1, where 100 represents the US national average. Living in Silver Lake costs roughly 1% more than the average American city.
| Metric | Silver Lake, FL | National Avg |
|---|---|---|
| Median Home Value | $282,700 | $244,900 |
| Median Monthly Rent | $1,101 | $1,163 |
| Homeownership Rate | 91.0% | 65.9% |
| Median Household Income | $73,700 | $74,755 |
Crime & Safety
Crime data for Silver Lake is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
| Metric | Silver Lake, FL | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 36.0% | 35.4% |
| High School Diploma or Higher | 93.7% | 91.1% |
Weather & Climate
Silver Lake sees average highs of 69.9°F in January and 91.1°F in July, with 43.8 inches of annual precipitation .
| Metric | Silver Lake, FL |
|---|---|
| Average High — January | 69.9°F |
| Average High — July | 91.1°F |
| Annual Precipitation | 43.8" |
| Annual Snowfall | Trace / None |
Demographics
| Metric | Silver Lake, FL | National Avg |
|---|---|---|
| Population | 2,524 | — |
| Median Age | 41.8 | 38.9 |
| Unemployment Rate | 6.8% | 3.7% |
| Avg Commute Time | 21.3 min | 26 min |
| White (non-Hispanic) | 72.8% | 59.3% |
| Black or African American | 7.3% | 13.6% |
| Hispanic or Latino | 17.3% | 18.9% |
| Asian | 1.7% | 6.3% |
| Under 18 | 19.3% | 22.2% |
| 65 and over | 24.8% | 16.8% |