What percentage of people rent in Silver Lake, IN?

20.8% (±8.1 points) of the occupied homes in Silver Lake, IN are rented (2020–2024 American Community Survey).

That is 78 renting households against 297 that own their home.

In Silver Lake, the share of households that rent went from 28.0% in 2015–2019 to 20.8% in 2020–2024 (−7.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
20.8% (±8.1 points)
Renting households
78 (±38)
Median renter income
$56,250 (±$20,323)

Who rents and who owns in Silver Lake

Tenure, estimate (90% margin of error)
Silver LakeKosciusko CountyIndianaUnited States
Renter-occupied share20.8% (±8.1 points)23.0% (±1.9 points)29.4% (±0.3 points)34.8%
Renting households78 (±38)7,351 (±632)799,766 (±7,038)45,017,354
Owning households297 (±68)24,583 (±688)1,916,243 (±9,865)84,210,142
Average renter household size2.2 (±0.7)2.1 (±0.1)2.2 (±0.0)2.3
Average owner household size2.2 (±0.4)2.6 (±0.1)2.6 (±0.0)2.6
Median renter household income$56,250 (±$20,323)$46,210 (±$5,811)$42,811 (±$480)$52,966
Median owner household income$51,964 (±$13,165)$86,707 (±$3,151)$87,459 (±$395)$100,009

In Silver Lake, the renter share is not measurably different from Kosciusko County (23.0%).

It is also lower than in Indiana (29.4%).

It is lower than the national figure (34.8%).

In Kosciusko County, Silver Lake ranks 11 of 30 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 670 of 1,600.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Silver Lake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent28.0% (±7.4 points)20.8% (±8.1 points)−7.2 percentage pointsNot a measurable change
Median gross rent$687 (±$186)$1,158 (±$200)+68.6%Up after inflation
Median household income$48,281 (±$7,037)$55,272 (±$11,669)+14.5%No measurable change after inflation

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.

Households that rent in places near Silver Lake

Nearest places with a published estimate, compared with Silver Lake
PlaceDistanceHouseholds that rentCompared with this place
Silver Lake—20.8% (±8.1 points)—
Lake Township (Kosciusko County)2.6 mi13.1% (±5.8 points)Not measurably different
Claypool3.9 mi16.8% (±9.3 points)Not measurably different
Seward Township4.0 mi3.7% (±2.6 points)Lower
Clay Township (Kosciusko County)5.0 mi6.3% (±3.4 points)Lower
Pleasant Township (Wabash County)5.7 mi18.3% (±11.7 points)Not measurably different
Burket6.8 mi10.0% (±10.3 points)Not measurably different
Akron7.3 mi21.2% (±10.2 points)Not measurably different
Palestine7.5 mi15.0% (±15.5 points)Not measurably different

Nearby places with a measurably lower figure: Seward Township, IN (3.7%), Clay Township (Kosciusko County), IN (6.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Kosciusko County, place by place

RankPlaceHouseholds that rent
5Mentone28.3% (±8.1 points)
6Syracuse27.6% (±8.5 points)
7North Webster27.3% (±9.0 points)
8Milford23.7% (±9.2 points)
9Pierceton23.3% (±10.0 points)
10Sidney21.8% (±20.9 points)
11Silver Lake20.8% (±8.1 points)
12Harrison Township (Kosciusko County)20.1% (±8.4 points)
13Van Buren Township (Kosciusko County)19.9% (±8.2 points)
14Turkey Creek Township17.3% (±4.6 points)
15 (tie)Claypool16.8% (±9.3 points)
15 (tie)Etna Green16.8% (±13.8 points)
17 (tie)Prairie Township (Kosciusko County)16.4% (±12.2 points)

Showing 13 of 30 places in Kosciusko County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Silver Lake

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Questions about Silver Lake

How many renters are there in Silver Lake?

Silver Lake has an estimated 78 (±38) renting households, 20.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Silver Lake?

In Silver Lake, the share of households that rent went from 28.0% in 2015–2019 to 20.8% in 2020–2024 (−7.2 percentage points), not a measurable change.

How big are renting households in Silver Lake?

A renting household in Silver Lake has 2.2 people on average, against 2.2 in an owned home.

How much do renters earn in Silver Lake?

The median renting household in Silver Lake, IN has an income of $56,250 (±$20,323) a year, against $51,964 for households that own their home.

Sources

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) and detailed tables (acs/acs5) for Silver Lake town, Indiana (place:69768, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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