Is Silver Lake CDP (Cumberland County), NJ a Good Place to Live?
Silver Lake CDP (Cumberland County) is a small town of 1,433 in New Jersey, with a median household income of $120,833 . Its cost of living index is 94 (US average = 100), which is 6% below the national average.
Strengths: Silver Lake CDP (Cumberland County) stands out for an affordable cost of living.
Trade-offs: No major red flags stand out in the available data. Whether Silver Lake CDP (Cumberland County) is right for you depends on your priorities — the full breakdown is below.
All Silver Lake CDP (Cumberland County) 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: 93.7Silver Lake CDP (Cumberland County)'s overall cost of living index is 93.7, where 100 represents the US national average. Living in Silver Lake CDP (Cumberland County) costs roughly 6% less than the average American city.
| Metric | Silver Lake CDP (Cumberland County), NJ | National Avg |
|---|---|---|
| Median Home Value | $286,200 | $244,900 |
| Median Monthly Rent | N/A | $1,163 |
| Homeownership Rate | 88.9% | 65.9% |
| Median Household Income | $120,833 | $74,755 |
Crime & Safety
Near National AverageSilver Lake CDP (Cumberland County)'s violent crime rate is 424.7 per 100,000 residents — 12% higher than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | Silver Lake CDP (Cumberland County), NJ | 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 | 26.4% | 35.4% |
| High School Diploma or Higher | 94.0% | 91.1% |
Weather & Climate
Silver Lake CDP (Cumberland County) sees average highs of 41.1°F in January and 86.2°F in July, with 46.8 inches of annual precipitation and 11.8 inches of snow per year.
| Metric | Silver Lake CDP (Cumberland County), NJ |
|---|---|
| Average High — January | 41.1°F |
| Average High — July | 86.2°F |
| Annual Precipitation | 46.8" |
| Annual Snowfall | 11.8" |
Demographics
| Metric | Silver Lake CDP (Cumberland County), NJ | National Avg |
|---|---|---|
| Population | 1,433 | — |
| Median Age | 33.4 | 38.9 |
| Unemployment Rate | 0.0% | 3.7% |
| Avg Commute Time | 26.6 min | 26 min |
| White (non-Hispanic) | 79.0% | 59.3% |
| Black or African American | 7.2% | 13.6% |
| Hispanic or Latino | 0.0% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 16.7% | 22.2% |
| 65 and over | 19.0% | 16.8% |