Silver Lake, Ohio Demographics & Population 2026
During the 2020–2024 ACS period, Silver Lake, Ohio had a total population of 2,515, the 445th largest village in Ohio, with a median household income of $139,934, which is 96% higher than the state average. The poverty rate is 2.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 96% above the state average — one of the wealthiest communities in Ohio.
- An exceptionally low poverty rate of 2.9% — among the lowest in Ohio.
- 58.5% of adults hold a bachelor's degree or higher — top 10% in Ohio.
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
- Near full employment with an unemployment rate of just 1.4%.
Silver Lake Quick Facts
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.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,514 | 2,515 | +0.0% |
| Median household income | $142,083 | $139,934 | -1.5% |
| Median home value | $299,500 | $319,400 | +6.6% |
How Silver Lake Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Silver Lake Rankings in Ohio
Explore Ohio Rankings
Other Cities in Summit County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Akron | 189,247 | $48,076 | 23.3% | $122,000 |
| Cuyahoga Falls | 50,909 | $72,705 | 10.5% | $183,300 |
| Stow | 34,240 | $93,727 | 5.2% | $248,000 |
| Green | 27,393 | $95,047 | 7.1% | $280,200 |
| Barberton | 24,844 | $52,267 | 15.6% | $135,200 |
| Hudson | 23,039 | $171,427 | 3.7% | $466,500 |
| Twinsburg | 19,410 | $99,144 | 4.2% | $318,800 |
| Tallmadge | 18,335 | $89,410 | 5.0% | $232,500 |
| New Franklin | 13,843 | $90,244 | 6.1% | $214,300 |
| Macedonia | 12,152 | $101,285 | 4.1% | $308,500 |
Cities Similar to Silver Lake
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Minerva Park | 2,446 | $130,878 | $311,900 | 48.4% | 4.6% |
| Evendale | 2,651 | $148,500 | $407,300 | 66.2% | 1.5% |
| Lithopolis | 2,522 | $115,208 | $350,000 | 39.2% | 7.5% |
| Shawnee Hills | 2,534 | $108,750 | $198,900 | 34.7% | 2.5% |
| St. Henry | 2,741 | $115,653 | $287,000 | 35.7% | 2.8% |
Population Overview
Silver Lake is a small community located in Ohio, within Summit County. The total population is 2,515. It ranks as the 445th most populous out of 1,264 Census-designated places in Ohio.
Age Demographics
The median age in Silver Lake is 52.9 years. This is 33% higher than the state median of 39.7 years.
Economy, Income & Housing
The median household income in Silver Lake is $139,934. This is 96% higher than the state median of $71,389. It is also 73% higher than the national median of $80,734. The poverty rate stands at 2.9%. This is 78% lower than the state poverty rate of 13.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.4%. This is 71% lower than the state rate of 4.8%. The median home value is $319,400. Housing costs are 49% higher than the state median of $214,800. With a home-value-to-income ratio of just 2.3x, Silver Lake is one of the most affordable housing markets in the area. 94.1% of occupied housing units are owner-occupied. This homeownership rate is 40% higher than the state average of 67.2%.
Race & Ethnicity
Silver Lake has a predominantly White (non-Hispanic) population, comprising 87.7% of all residents. Hispanic or Latino residents account for 5.3%. The Black or African American population (3.3%) is well below the state average of 12.0%. The Asian population (0.9%) is well below the state average of 2.5%.
Education
58.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Silver Lake in the top 10% of all cities in the state for educational attainment. This is 86% higher than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.7%. Notably, 24.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Silver Lake, Ohio 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 Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. 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, Ohio?
Silver Lake, Ohio has a population of 2,515 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Silver Lake, OH?
The median household income in Silver Lake is $139,934, which is 73% higher than the national median of $80,734.
What is the poverty rate in Silver Lake, OH?
The poverty rate in Silver Lake is 2.9%. This means approximately 72 residents live below the federal poverty line.
What is the racial makeup of Silver Lake, Ohio?
Silver Lake's population is 87.7% White, 3.3% Black, 5.3% Hispanic/Latino, and 0.9% Asian.
What is the median home value in Silver Lake, OH?
The median home value in Silver Lake is $319,400. The home-value-to-income ratio is 2.3x.
How educated is Silver Lake, Ohio?
58.5% of adults (25+) in Silver Lake hold a bachelor's degree or higher, and 24.7% hold a graduate or professional degree.