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Silver Lake, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Silver Lake, Indiana had a total population of 857, the 385th largest town in Indiana, with a median household income of $55,272, which is 23% lower than the state average. The poverty rate is 15.3%.

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

Key Takeaways

Silver Lake Quick Facts

Population 857
Median Household Income $55,272
Median Home Value $112,000
Poverty Rate 15.3%
Unemployment Rate 6.3%
Median Age 42.1 years
Homeownership Rate 79.2%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 8.3%
High School Graduation Rate 85.7%
Diversity Index 9/100
Population 857 385th of 967
Median Income $55,272 below average
Poverty Rate 15.3% 22% higher than national
Median Home Value $112,000 bottom 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
Population961857-10.8%
Median household income$53,542$55,272+3.2%
Median home value$107,300$112,000+4.4%

How Silver Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 21.3%
$25K-$50K 26.1%
$50K-$100K 40.0%
$100K+ 12.5%
Detailed income brackets
Under $10K
2.9%
$10K-$15K
3.7%
$15K-$20K
6.1%
$20K-$25K
8.5%
$25K-$30K
2.7%
$30K-$35K
4.5%
$35K-$40K
2.7%
$40K-$45K
9.6%
$45K-$50K
6.7%
$50K-$60K
9.6%
$60K-$75K
9.9%
$75K-$100K
20.5%
$100K-$125K
5.9%
$125K-$150K
1.3%
$150K-$200K
4.8%
$200K+
0.5%

Employment

6.3% Unemployment Rate State: 4.3%|National: 5.2%
52.1% Labor Force Participation

Housing Overview

Owner 79.2%
Renter 20.8%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $1,158/mo 25.1% of median household income annually

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Silver Lake Rankings in Indiana

#385 Population of 967
#551 Median Income of 796
#699 Education of 966
#584 Home Value of 818

Other Cities in Kosciusko County

CityPopulationMedian IncomePovertyHome Value
Warsaw 16,768 $61,035 17.6% $181,200
Winona Lake 5,080 $82,188 8.0% $274,500
Milford 1,661 $51,667 9.4% $159,700
Pierceton 1,451 $80,625 10.9% $117,600
North Webster 866 $55,278 10.4% $204,500
Mentone 768 $60,000 7.4% $112,000
Leesburg 652 $101,563 3.2% $172,300
Etna Green 441 $63,281 13.9% $98,300
Claypool 318 $60,417 13.8% $110,800
Burket 203 $55,833 6.4% $109,400

Cities Similar to Silver Lake

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
North Webster866$55,278$204,50020.5%10.4%
New Harmony845$57,875$184,40026.8%7.0%
Montezuma881$56,974$80,4005.8%20.2%
Selma837$58,214$106,40010.2%21.0%
Dublin870$51,406$97,70017.4%3.2%

A note before these figures: with a population of 857, Silver Lake's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Silver Lake is a small community located in Indiana, within Kosciusko County. The total population is 857. It ranks as the 385th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Silver Lake is 42.1 years. This is 10% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Silver Lake is $55,272. This is 23% lower than the state median of $71,957. It is also 32% lower than the national median of $80,734. The poverty rate stands at 15.3%. This is 24% higher than the state poverty rate of 12.3%. The unemployment rate is 6.3%. This is 46% higher than the state rate of 4.3%. The median home value is $112,000. Housing costs are 49% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.0x, Silver Lake is one of the most affordable housing markets in the area. 79.2% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 70.5%.

Race & Ethnicity

Silver Lake has a predominantly White (non-Hispanic) population, comprising 95.6% of all residents. Hispanic or Latino residents account for 1.8%. The Black or African American population (0.1%) is well below the state average of 9.1%. The Hispanic or Latino population (1.8%) is well below the state average of 8.6%. The Asian population (1.1%) is well below the state average of 2.6%.

Education

8.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 72% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.7%.

Data Sources & Methodology

All demographic data for Silver Lake, Indiana 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 Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. 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, Indiana?

Silver Lake, Indiana has a population of 857 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Silver Lake is $55,272, which is 32% lower than the national median of $80,734.

What is the poverty rate in Silver Lake, IN?

The poverty rate in Silver Lake is 15.3%. This means approximately 127 residents live below the federal poverty line.

What is the racial makeup of Silver Lake, Indiana?

Silver Lake's population is 95.6% White, 0.1% Black, 1.8% Hispanic/Latino, and 1.1% Asian.

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

The median home value in Silver Lake is $112,000. The home-value-to-income ratio is 2.0x.

How educated is Silver Lake, Indiana?

8.3% of adults (25+) in Silver Lake hold a bachelor's degree or higher, and 0.6% hold a graduate or professional degree.