How much do homeowners pay a month in Silver Lake (Cumberland County), NJ?

Homeowners with a mortgage in Silver Lake (Cumberland County), NJ pay a median of $2,381 (±$218) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,412 (±$143).

57.8% of owned homes carry a mortgage.

Figures last updated on .

With a mortgage
$2,381 (±$218)
Without a mortgage
$1,412 (±$143)
Owned with a mortgage
57.8%

Monthly owner costs in Silver Lake (Cumberland County)

Median selected monthly owner costs, estimate (90% margin of error)
Silver Lake (Cumberland County)Cumberland CountyNew JerseyUnited States
With a mortgage$2,381 (±$218)$1,883 (±$42)$2,829 (±$8)$1,963
Without a mortgage$1,412 (±$143)$853 (±$24)$1,232 (±$6)$638
Owned homes with a mortgage57.8% (±16.3 points)58.9% (±1.9 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$8,604 (±$294)$5,052 (±$142)$9,590 (±$25)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Silver Lake (Cumberland County), the median cost with a mortgage is higher than in Cumberland County ($1,883).

It is also lower than in New Jersey ($2,829).

It is higher than the national figure ($1,963).

In Cumberland County, Silver Lake (Cumberland County) ranks 1 of 9 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 157 of 247.

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

Median monthly cost with a mortgage in places near Silver Lake (Cumberland County)

Nearest places with a published estimate, compared with Silver Lake (Cumberland County)
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Silver Lake (Cumberland County)—$2,381 (±$218)—
Sunset Lake1.1 mi$1,688 (±$300)Lower
West Park2.3 mi$1,848 (±$263)Lower
Seabrook Farms2.5 mi$1,460 (±$389)Lower
Bridgeton2.8 mi$1,818 (±$209)Lower
Shiloh Borough2.8 mi$1,500 (±$336)Lower
Hopewell Township (Cumberland County)3.0 mi$1,958 (±$117)Lower
Gouldtown4.5 mi$1,480 (±$166)Lower
Rosenhayn5.5 mi$1,909 (±$375)Lower

Nearby places with a measurably lower figure: Sunset Lake, NJ ($1,688), West Park, NJ ($1,848), Seabrook Farms, NJ ($1,460).

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

Median monthly cost with a mortgage across Cumberland County, place by place

RankPlaceMedian monthly cost with a mortgage
1Silver Lake (Cumberland County)$2,381 (±$218)
2Centre Grove$1,912 (±$209)
3Rosenhayn$1,909 (±$375)
4West Park$1,848 (±$263)
5 (tie)Port Norris$1,688 (±$220)
5 (tie)Sunset Lake$1,688 (±$300)
7Laurel Lake$1,519 (±$136)

Showing 7 of 9 places in Cumberland County, ranked from highest to lowest.

Silver Lake (Cumberland County) is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Upper Deerfield Township, whose figures include it.

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 (Cumberland County)

What is the average mortgage payment in Silver Lake (Cumberland County)?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Silver Lake (Cumberland County), NJ is $2,381 (±$218) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Silver Lake (Cumberland County)?

Owners without a mortgage in Silver Lake (Cumberland County) pay a median of $1,412 (±$143) a month in taxes, insurance, utilities and fees.

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 CDP (Cumberland County), New Jersey (place:67583, in state:34).

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

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

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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