Silver Lake is a small town of 2,621 in Ohio, with a median household income of $131,012
and a 3.3% unemployment rate.
Its cost of living index is 93 (US average = 100), which is
7% below the national average.
Strengths:
Silver Lake stands out for an affordable cost of living, solid school ratings (A-), a well-educated population.
Trade-offs:
Potential downsides include longer commutes. 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: 92.8
Silver Lake's overall cost of living index is 92.8,
where 100 represents the US national average.
Living in Silver Lake costs roughly 7% less than the average American city.
Metric
Silver Lake, OH
National Avg
Median Home Value
$278,600
$244,900
Median Monthly Rent
$1,713
$1,163
Homeownership Rate
91.9%
65.9%
Median Household Income
$131,012
$74,755
Crime & Safety
Safer than Average
Silver Lake's violent crime rate is 357.1 per 100,000 residents
— 6% lower than the national average of ~380 per 100,000.
Violent Crime
357.1 /100k
Property Crime
1744.1 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Silver Lake is served primarily by Cuyahoga Falls City School District.
The student-to-teacher ratio is 14.8:1
(better than the national average of ~16:1).
Metric
Silver Lake, OH
National Avg
School District
Cuyahoga Falls City School District
—
Elementary Schools
6
—
Middle Schools
2
—
High Schools
1
—
Student/Teacher Ratio
14.8:1
16:1
Bachelor's Degree or Higher
61.0%
35.4%
High School Diploma or Higher
97.7%
91.1%
Weather & Climate
Silver Lake sees average highs of 33.4°F in January
and 82.3°F in July,
with 41.6 inches of annual precipitation
and 45.0 inches of snow per year.
Silver Lake's cost of living index is 93, where 100 is the national average.
That makes Silver Lake roughly 7% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $278,600 and median rent is $1,713/month.
Silver Lake's violent crime rate is 357.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1744.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Silver Lake are operated by Cuyahoga Falls City School District.
The district has 6 elementary, 2 middle, and 1 high schools.
The student-to-teacher ratio is 14.8:1. 61.0% of adults 25+ hold a bachelor's degree or higher.
Silver Lake, OH has a population of 2,621, a median household income of $131,012, and an unemployment rate of 3.3%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. 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 averages 33.4°F in January and 82.3°F in July. Annual rainfall is 41.6 inches
with about 45.0 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
The population of Silver Lake, Ohio is 2,621 with a median age of 54.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Silver Lake: cost of living index 93 (100 = US average), median home $278,600, median household income $131,012, crime index 90 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Silver Lake side by side with your current city to see the trade-offs.
