What is the median household income in Silver Lake, OH?
The median household income in Silver Lake, OH is $139,934 (±$28,865) a year (2020–2024 American Community Survey).
In Silver Lake, the median household income went from $108,958 in 2015–2019 to $139,934 in 2020–2024 (+28.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $139,934 (±$28,865)
Income in Silver Lake against Summit County, its state and the nation
| Silver Lake | Summit County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $139,934 (±$28,865) | $71,622 (±$1,137) | $71,389 (±$321) | $80,734 |
| Median renter household income | — | $41,345 (±$1,452) | $42,829 (±$325) | $52,966 |
| Median owner household income | $143,421 (±$27,427) | $91,848 (±$1,541) | $90,122 (±$343) | $100,009 |
| Median gross rent | — | $1,026 (±$14) | $1,034 (±$5) | $1,413 |
In Silver Lake, median household income is higher than in Summit County ($71,622).
It is also higher than in Ohio ($71,389).
It is higher than the national figure ($80,734).
In Summit County, Silver Lake ranks 4 of 34 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 68 of 2,325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $108,958 (±$15,990) | $139,934 (±$28,865) | +28.4% | No measurable change after inflation |
| Median home value | $227,600 (±$8,509) | $319,400 (±$22,067) | +40.3% | Up 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.
Median household income in places near Silver Lake
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Silver Lake | — | $139,934 (±$28,865) | — |
| Munroe Falls | 1.5 mi | $81,214 (±$24,071) | Lower |
| Stow | 1.7 mi | $93,727 (±$6,144) | Lower |
| Tallmadge | 3.8 mi | $89,410 (±$7,316) | Lower |
| Kent | 4.9 mi | $42,964 (±$4,620) | Lower |
| Cuyahoga Falls | 5.4 mi | $72,705 (±$5,336) | Lower |
| Hudson | 5.8 mi | $171,427 (±$11,966) | Higher |
| Franklin Township (Portage County) | 6.1 mi | $64,034 (±$15,346) | Lower |
| Akron | 6.3 mi | $48,076 (±$1,702) | Lower |
Nearby places with a measurably lower figure: Munroe Falls, OH ($81,214), Stow, OH ($93,727), Tallmadge, OH ($89,410).
Nearby places with a measurably higher figure: Hudson, OH ($171,427).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Summit County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Montrose-Ghent | $180,250 (±$29,951) |
| 2 | Hudson | $171,427 (±$11,966) |
| 3 | Bath Township (Summit County) | $167,699 (±$12,440) |
| 4 | Silver Lake | $139,934 (±$28,865) |
| 5 | Twinsburg Township | $128,906 (±$34,039) |
| 6 | Boston Heights | $121,250 (±$19,241) |
| 7 | Peninsula | $117,708 (±$20,789) |
| 8 | Copley Township | $115,338 (±$8,101) |
| 9 | Richfield Township (Summit County) | $112,188 (±$33,696) |
| 10 | Reminderville | $106,905 (±$12,304) |
Showing 10 of 34 places in Summit 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.
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Questions about Silver Lake
What is the median household income in Silver Lake?
The median household income in Silver Lake is $139,934 (±$28,865) a year (2020–2024 American Community Survey).
Have incomes in Silver Lake kept up with inflation?
In Silver Lake, the median household income went from $108,958 in 2015–2019 to $139,934 in 2020–2024 (+28.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Silver Lake village, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Silver Lake village, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Lake village, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Silver Lake village, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Silver Lake village, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Silver Lake village, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 village, Ohio (place:72494, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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
- Housing in Silver Lake at a glance
- Home values in Silver Lake
- Homeowner costs in Silver Lake
- Property taxes in Silver Lake
- Types of homes in Silver Lake
- Bedrooms in Silver Lake
- Age of homes in Silver Lake
- Heating fuel in Silver Lake
- Commute and cars in Silver Lake
- Population growth in Silver Lake
- How long people stay in Silver Lake
- Ohio landlord and tenant rules
- Housing across Summit County
- Ohio places ranked by median household income
- Housing data for every place in Ohio