Is Silver Lake CDP (Essex County), NJ a Good Place to Live?
Silver Lake CDP (Essex County) is a small town of 4,407 in New Jersey, with a median household income of $80,365
and a 3.2% unemployment rate.
Its cost of living index is 112 (US average = 100), which is
12% above the national average.
Strengths:
Silver Lake CDP (Essex County) stands out for solid school ratings (B-).
Trade-offs:
Potential downsides include an above-average cost of living, high home prices, longer commutes. Whether Silver Lake CDP (Essex County) is right for you depends on your priorities — the full breakdown is below.
All Silver Lake CDP (Essex 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: 112.5
Silver Lake CDP (Essex County)'s overall cost of living index is 112.5,
where 100 represents the US national average.
Living in Silver Lake CDP (Essex County) costs roughly 12% more than the average American city.
Metric
Silver Lake CDP (Essex County), NJ
National Avg
Median Home Value
$441,700
$244,900
Median Monthly Rent
$1,697
$1,163
Homeownership Rate
48.9%
65.9%
Median Household Income
$80,365
$74,755
Crime & Safety
Safer than Average
Silver Lake CDP (Essex County)'s violent crime rate is 286.2 per 100,000 residents
— 25% lower than the national average of ~380 per 100,000.
Violent Crime
286.2 /100k
Property Crime
1027.6 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Silver Lake CDP (Essex County) is served primarily by Belleville Public School District.
The student-to-teacher ratio is 12.9:1
(better than the national average of ~16:1).
Metric
Silver Lake CDP (Essex County), NJ
National Avg
School District
Belleville Public School District
—
Elementary Schools
7
—
Middle Schools
1
—
High Schools
1
—
Student/Teacher Ratio
12.9:1
16:1
Bachelor's Degree or Higher
19.1%
35.4%
High School Diploma or Higher
85.5%
91.1%
Weather & Climate
Silver Lake CDP (Essex County) sees average highs of 39.4°F in January
and 86.8°F in July,
with 50.4 inches of annual precipitation
and 28.2 inches of snow per year.
Silver Lake CDP (Essex County)'s cost of living index is 112, where 100 is the national average.
That puts Silver Lake CDP (Essex County) roughly 12% above the national average in cost.
The median home price is $441,700 and median rent is $1,697/month.
Silver Lake CDP (Essex County)'s violent crime rate is 286.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1027.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Silver Lake CDP (Essex County) are operated by Belleville Public School District.
The district has 7 elementary, 1 middle, and 1 high schools.
The student-to-teacher ratio is 12.9:1. 19.1% of adults 25+ hold a bachelor's degree or higher.
Silver Lake CDP (Essex County), NJ has a population of 4,407, a median household income of $80,365, and an unemployment rate of 3.2%.
Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Silver Lake CDP (Essex County) averages 39.4°F in January and 86.8°F in July. Annual rainfall is 50.4 inches
with about 28.2 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Silver Lake CDP (Essex County), NJ is covered by 1 ZIP code: 07109.
The population of Silver Lake CDP (Essex County), New Jersey is 4,407 with a median age of 32.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Silver Lake CDP (Essex County): cost of living index 112 (100 = US average), median home $441,700, median household income $80,365, crime index 65 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Silver Lake CDP (Essex County) side by side with your current city to see the trade-offs.
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