Housing data for Silver Lake, FL
Silver Lake, FL has an estimated 2,350 residents and 925 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Lake County.
14.1% of households rent.
The median gross rent is $1,276 a month.
Figures last updated on .
- Residents
- 2,350 (±621)
- Housing units
- 925 (±169)
- Households that rent
- 14.1%
- Median gross rent
- $1,276
- Residents since 2015–2019
- +20.3%
What stands out in Silver Lake
Median home value: $421,600 (±$37,907) in Silver Lake, higher than in Lake County ($318,400).
Households without a vehicle: 0.8% (±1.4 points) in Silver Lake, lower than in Lake County (4.1%).
Median gross rent: $1,276 (±$164) in Silver Lake, lower than in Lake County ($1,586).
Housing in Silver Lake at a glance
- Median rent: $1,276 median gross rent a month
- Rent burden: 61.9% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 14.1% of households rent (Small sample: wide margin of error)
- Income and affordability: $78,601 median household income
- Home values: $421,600 median home value
- Homeowner costs: $1,937 median monthly cost with a mortgage
- Property taxes: $2,473 median real estate taxes a year
- Types of homes: 5.5% of homes are in buildings of 5 or more units
- Bedrooms: 84.6% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 35.0% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 88.1% heat with electricity
- Commute and cars: 27.4 minutes average trip to work
- Growth: +20.3% residents since 2015–2019
- How long people stay: 31.9% moved in since 2020
- Crowding and facilities: 0.8% of homes have more than 1 person per room (Small sample: wide margin of error)
Silver Lake against Lake County, its state and the nation
| Silver Lake | Lake County | Florida | United States | |
|---|---|---|---|---|
| Residents | 2,350 (±621) | 412,924 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 925 (±169) | 187,580 (±88) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 14.1% (±10.1 points) | 22.4% (±1.0 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,276 (±$164) | $1,586 (±$49) | $1,669 (±$5) | $1,413 |
| Median household income | $78,601 (±$12,881) | $73,161 (±$1,462) | $74,568 (±$284) | $80,734 |
| Median home value | $421,600 (±$37,907) | $318,400 (±$5,107) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | $2,473 (±$626) | $2,433 (±$65) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 35.0% (±18.2 points) | 22.3% (±1.1 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 27.4 minutes (±7.4) | 30.2 minutes (±0.8) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 100.0% (±5.7 points) | 92.6% (±0.6 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 42.7 years (±4.3) | 46.5 years (±0.2) | 42.6 years (±0.1) | 38.9 years |
Silver Lake covers 1.7 square miles of land, about 1,354 residents per square mile (Census Bureau Gazetteer).
How Silver Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,954 (±306) | 2,350 (±621) | +20.3% | Not a measurable change |
| Housing units | 868 (±107) | 925 (±169) | +6.6% | Not a measurable change |
| Median gross rent | $779 (±$139) | $1,276 (±$164) | +63.8% | Up after inflation |
| Median home value | $206,000 (±$20,386) | $421,600 (±$37,907) | +104.7% | Up after inflation |
| Median household income | $66,786 (±$14,751) | $78,601 (±$12,881) | +17.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,794 (±$304) | $1,937 (±$190) | +8.0% | No measurable change after inflation |
| Median real estate taxes | $1,948 (±$155) | $2,473 (±$626) | +27.0% | No measurable change after inflation |
| Households that rent | 15.0% (±7.7 points) | 14.1% (±10.1 points) | −0.9 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±28.1 points) | 0.0% (±32.8 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Silver Lake
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Tavares | 5.3 mi | $1,496 | $254,500 | 23.2% |
| Yalaha | 6.2 mi | — | $489,400 | 8.9% |
| Eustis | 7.7 mi | $1,135 | $270,700 | 29.1% |
| Fruitland Park | 8.3 mi | $1,221 | $382,400 | 12.3% |
| Howey-in-the-Hills | 8.9 mi | $1,632 | $387,200 | 10.0% |
| Astatula | 9.5 mi | $1,147 | $257,300 | 19.6% |
| Lady Lake | 10 mi | $1,387 | $227,300 | 26.5% |
| Leesburg | 10 mi | $1,258 | $228,600 | 37.4% |
Places in Florida most like Silver Lake
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Bokeelia | $1,255 | $369,600 | $71,250 | 10.4% |
| Memphis | $1,173 | $313,800 | $74,839 | 18.8% |
| Tarpon Springs | $1,298 | $340,700 | $79,529 | 19.0% |
| Jensen Beach | $1,267 | $411,700 | $70,884 | 23.0% |
| San Antonio | $1,091 | $371,300 | $94,342 | 10.9% |
| Laurel | $1,323 | $478,900 | $92,340 | 8.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Florida.
HUD Fair Market Rent for Silver Lake, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,658 | $1,726 | $1,959 | $2,445 | $2,856 |
HUD income limits for Silver Lake, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $24,150 | $40,250 | $64,350 |
| 2 people | $27,600 | $46,000 | $73,550 |
| 3 people | $31,050 | $51,750 | $82,750 |
| 4 people | $34,450 | $57,450 | $91,900 |
| 5 people | $38,680 | $62,050 | $99,300 |
| 6 people | $44,360 | $66,650 | $106,650 |
| 7 people | $50,040 | $71,250 | $114,000 |
| 8 people | $55,720 | $75,850 | $121,350 |
These are the limits HUD sets for its housing programs in the Orlando-Kissimmee-Sanford, FL MSA, where HUD’s median family income for fiscal year 2026 is $97,600.
A program can use its own limits; tax-credit and local programs often do.
Silver Lake is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Silver Lake
What is the average rent in Silver Lake, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Silver Lake is $1,276 (±$164) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
What is the median household income in Silver Lake?
The median household income in Silver Lake is $78,601 (±$12,881) a year (2020–2024 American Community Survey).
What is the average home value in Silver Lake, FL?
The Census Bureau publishes the median: $421,600 (±$37,907) for owner-occupied homes in Silver Lake (2020–2024 American Community Survey).
What is the average mortgage payment in Silver Lake?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Silver Lake, FL is $1,937 (±$190) a month, including taxes, insurance and utilities.
How much are property taxes in Silver Lake?
The median real estate tax paid by homeowners in Silver Lake, FL is $2,473 (±$626) a year (2020–2024 American Community Survey).
How many homes are in Silver Lake?
Silver Lake, FL has an estimated 925 (±169) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Silver Lake growing?
In Silver Lake, the number of residents went from 1,954 in 2015–2019 to 2,350 in 2020–2024 (+20.3%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Silver Lake CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Lake CDP, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Silver Lake CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Silver Lake CDP, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Silver Lake CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Silver Lake CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Silver Lake CDP, Florida
- HUD Fair Market Rents, fiscal year 2027: Orlando-Kissimmee-Sanford, FL MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Orlando-Kissimmee-Sanford, FL MSA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Silver Lake CDP, Florida (place:66062, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .