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Silver Lake, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Silver Lake, Florida had a total population of 2,350, the 652nd largest community in Florida, with a median household income of $78,601, which is 5% higher than the state average. The poverty rate is 5.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Silver Lake Quick Facts

Population 2,350
Median Household Income $78,601
Median Home Value $421,600
Poverty Rate 5.1%
Unemployment Rate 7.3%
Median Age 42.7 years
Homeownership Rate 85.9%
Affordability Ratio 5.4x
Bachelor's Degree or Higher 33.7%
High School Graduation Rate 92.8%
Diversity Index 41/100
Population 2,350 652nd of 955
Median Income $78,601 above average
Poverty Rate 5.1% 59% lower than national
Median Home Value $421,600 top 30%

How Silver Lake Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,6102,350-10.0%
Median household income$75,709$78,601+3.8%
Median home value$299,000$421,600+41.0%

How Silver Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 2.5%
$25K-$50K 24.6%
$50K-$100K 35.2%
$100K+ 37.7%
Detailed income brackets
Under $10K
2.5%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
4.0%
$35K-$40K
0.0%
$40K-$45K
12.8%
$45K-$50K
7.8%
$50K-$60K
7.3%
$60K-$75K
9.0%
$75K-$100K
18.9%
$100K-$125K
11.3%
$125K-$150K
6.2%
$150K-$200K
0.0%
$200K+
20.3%

Employment

7.3% Unemployment Rate State: 4.8%|National: 5.2%
54.9% Labor Force Participation

Housing Overview

Owner 85.9%
Renter 14.1%
Affordability Index Expensive
5.4x home value to income ratio
Median gross rent $1,276/mo 19.5% of median household income annually

People & Demographics

Diversity Index

41out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 61

Education

Silver Lake Rankings in Florida

#652 Population of 955
#359 Median Income of 911
#389 Education of 955
#260 Home Value of 901

Other Cities in Lake County

CityPopulationMedian IncomePovertyHome Value
Clermont 46,853 $82,306 5.4% $418,400
Leesburg 30,807 $52,880 16.4% $228,600
Eustis 24,119 $65,373 9.6% $270,700
Groveland 22,012 $100,226 3.6% $365,800
Tavares 20,463 $58,886 9.3% $254,500
Mount Dora 17,278 $74,537 11.8% $381,900
Lady Lake 16,675 $46,074 12.3% $227,300
Minneola 16,598 $110,902 4.7% $420,800
Fruitland Park 8,740 $82,656 10.4% $382,400
Mascotte 7,949 $83,878 4.6% $304,300

Cities Similar to Silver Lake

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Greenbriar2,283$73,299$353,20028.4%9.6%
Lake Mack-Forest Hills2,200N/A$138,8009.9%20.4%
Virginia Gardens2,423$70,469$457,60032.4%6.4%
Tangelo Park2,404$68,076$235,40017.2%8.9%
Cudjoe Key2,492$87,500$857,40040.6%8.6%

Population Overview

Silver Lake is a small community located in Florida, within Lake County. The total population is 2,350. It ranks as the 652nd most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Silver Lake is 42.7 years. This is about the same as the state median of 42.6 years. 11.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Silver Lake is $78,601. This is 5% higher than the state median of $74,568. It is also 3% lower than the national median of $80,734. The poverty rate stands at 5.1%. This is 60% lower than the state poverty rate of 12.6%. The unemployment rate is 7.3%. This is 51% higher than the state rate of 4.8%. The median home value is $421,600. Housing costs are 17% higher than the state median of $359,000. The home-value-to-income ratio is 5.4x. 85.9% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Silver Lake is White (non-Hispanic), making up 75.1% of the population. Hispanic or Latino residents account for 14.1%. The Black or African American population (4.3%) is well below the state average of 14.6%.

Education

33.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 1% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.8%.

Data Sources & Methodology

All demographic data for Silver Lake, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Silver Lake, Florida?

Silver Lake, Florida has a population of 2,350 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Silver Lake, FL?

The median household income in Silver Lake is $78,601, which is 3% lower than the national median of $80,734.

What is the poverty rate in Silver Lake, FL?

The poverty rate in Silver Lake is 5.1%. This means approximately 119 residents live below the federal poverty line.

What is the racial makeup of Silver Lake, Florida?

Silver Lake's population is 75.1% White, 4.3% Black, 14.1% Hispanic/Latino, and 2.8% Asian.

What is the median home value in Silver Lake, FL?

The median home value in Silver Lake is $421,600. The home-value-to-income ratio is 5.4x.

How educated is Silver Lake, Florida?

33.7% of adults (25+) in Silver Lake hold a bachelor's degree or higher, and 12.5% hold a graduate or professional degree.