How many renters in Silver Lake (Essex County), NJ pay more than 30% of their income on rent?
31.0% (±14.2 points) of renting households in Silver Lake (Essex County), NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
27.6% spend 35% or more.
The median renting household spends 25.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 31.0% (±14.2 points)
- Paying 35% or more
- 27.6% (±13.7 points)
- Median share of income
- 25.2% (±9.9 points)
Rent as a share of income in Silver Lake (Essex County)
| Share of income spent on rent | Silver Lake (Essex County) | Essex County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 14.8% (±10.6 points) | 10.7% | 12.2% | 12.6% |
| 15% to 19.9% | 30.9% (±20.1 points) | 11.5% | 12.3% | 12.2% |
| 20% to 24.9% | 3.4% (±3.6 points) | 10.6% | 12.6% | 12.6% |
| 25% to 29.9% | 20.0% (±13.9 points) | 12.0% | 11.4% | 11.5% |
| 30% to 34.9% | 3.4% (±3.9 points) | 9.0% | 8.9% | 9.2% |
| 35% or more | 27.6% (±13.7 points) | 46.1% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Silver Lake (Essex County) against Essex County, its state and the nation
| Silver Lake (Essex County) | Essex County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 31.0% (±14.2 points) | 55.1% (±1.5 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 27.6% (±13.7 points) | 46.1% (±1.3 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 25.2% (±9.9 points) | 32.8% (±0.7 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $81,465 (±$21,794) | $51,273 (±$1,337) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,448 (±$278) | $1,531 (±$19) | $1,720 (±$7) | $1,413 |
In Silver Lake (Essex County), the share of renters paying 30% or more of income is lower than in Essex County (55.1%).
It is also lower than in New Jersey (51.6%).
It is lower than the national figure (51.1%).
In Essex County, Silver Lake (Essex County) ranks 6 of 6 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 194 of 237.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Silver Lake (Essex County)
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Silver Lake (Essex County) | — | 31.0% (±14.2 points) | — |
| Ampere North | 0.6 mi | 68.2% (±17.7 points) | Higher |
| Watsessing | 1.0 mi | 40.4% (±10.3 points) | Not measurably different |
| East Orange | 1.8 mi | 58.0% (±4.5 points) | Higher |
| Bloomfield Township | 2.0 mi | 45.8% (±5.5 points) | Not measurably different |
| Glen Ridge Borough | 2.0 mi | 37.0% (±31.3 points) | Not measurably different |
| East Newark Borough | 2.2 mi | 62.7% (±14.3 points) | Higher |
| Orange | 2.9 mi | 59.8% (±6.5 points) | Higher |
| North Arlington Borough | 3.0 mi | 43.7% (±9.1 points) | Not measurably different |
Nearby places with a measurably higher figure: Ampere North, NJ (68.2%), East Orange, NJ (58.0%), East Newark Borough, NJ (62.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Essex County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Ampere North | 68.2% (±17.7 points) |
| 2 | Brookdale | 53.3% (±18.1 points) |
| 3 | Upper Montclair | 51.1% (±15.3 points) |
| 4 | Short Hills | 44.3% (±20.4 points) |
| 5 | Watsessing | 40.4% (±10.3 points) |
| 6 | Silver Lake (Essex County) | 31.0% (±14.2 points) |
Silver Lake (Essex 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 Belleville Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Silver Lake (Essex County)
Are renters in Silver Lake (Essex County) rent-burdened?
31.0% of renting households in Silver Lake (Essex County) pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Silver Lake (Essex County) spend on rent?
The median renting household in Silver Lake (Essex County), NJ spends 25.2% (±9.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Lake CDP (Essex County), New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Silver Lake CDP (Essex County), New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Silver Lake CDP (Essex County), New Jersey
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 (Essex County), New Jersey (place:67590, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 .
Related
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- Housing data for every place in New Jersey