Silver Lake, NJ

Census Place

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2021 Population

4,159

4.76% 1-year growth

US Senator

Bob Menendez

Democratic Party

US Senator

Cory Booker

Democratic Party

2021 Median Age

33.9

0.593% 1-year increase

2021 Poverty Rate

16.6%

31.2% 1-year decrease

2021 Median Household Income

$55,690

22% 1-year growth

2021 Median Property Value

$381,600

22% 1-year growth

About

In 2021, Silver Lake, NJ had a population of 4.16k people with a median age of 33.9 and a median household income of $55,690. Between 2020 and 2021 the population of Silver Lake, NJ grew from 3,970 to 4,159, a 4.76% increase and its median household income grew from $45,655 to $55,690, a 22% increase.

The 5 largest ethnic groups in Silver Lake, NJ are White (Hispanic) (30%), Asian (Non-Hispanic) (19.6%), White (Non-Hispanic) (17.2%), Black or African American (Non-Hispanic) (14.5%), and Other (Hispanic) (10%).

None of the households in Silver Lake, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

83.7% of the residents in Silver Lake, NJ are U.S. citizens.

In 2021, the median property value in Silver Lake, NJ was $381,600, and the homeownership rate was 41.1%.

Most people in Silver Lake, NJ drove alone to work, and the average commute time was 29.6 minutes. The average car ownership in Silver Lake, NJ was 2 cars per household.

United States New Jersey Essex County, NJ New York-Newark-Jersey City, NY-NJ-PA Newark City (North & East) PUMA, NJ Essex County (Northeast) PUMA, NJ

Population & Diversity

Silver Lake, NJ is home to a population of 4.16k people, from which 83.7% are citizens. As of 2021, 38.4% of Silver Lake, NJ residents were born outside of the country (1.6k people).

In 2021, there were 1.53 times more White (Hispanic) residents (1.25k people) in Silver Lake, NJ than any other race or ethnicity. There were 817 Asian (Non-Hispanic) and 714 White (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

83.7%

2021 Citizenship

84.3%

2020 Citizenship

As of 2021, 83.7% of Silver Lake, NJ residents were US citizens, which is lower than the national average of 93.4%. In 2020, the percentage of US citizens in Silver Lake, NJ was 84.3%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Silver Lake, NJ compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Silver Lake, NJ

White (Hispanic)
1.25k ± 519
Asian (Non-Hispanic)
817 ± 392
White (Non-Hispanic)
714 ± 361

42.1%

Hispanic Population

1.75k people

42.1% of the people in Silver Lake, NJ are hispanic (1.75k people).

The following chart shows the 7 races represented in Silver Lake, NJ as a share of the total population.

Foreign-Born Population

38.4%

2021 Foreign-Born Population

1.6k people

31.6%

2020 Foreign-Born Population

1.25k people

As of 2021, 38.4% of Silver Lake, NJ residents (1.6k people) were born outside of the United States, which is higher than the national average of 13.6%. In 2020, the percentage of foreign-born citizens in Silver Lake, NJ was 31.6%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Silver Lake, NJ compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
33 ± 41
Gulf War (1990s)
13 ± 25
Vietnam
0 ± 23

Silver Lake, NJ has a large population of military personnel who served in Gulf War (2001-), 2.54 times greater than any other conflict.

Economy

The economy of Silver Lake, NJ employs 1.76k people. The largest industries in Silver Lake, NJ are Health Care & Social Assistance (475 people), Accommodation & Food Services (282 people), and Construction (265 people), and the highest paying industries are Educational Services ($57,042), Construction ($43,313), and Educational Services, & Health Care & Social Assistance ($32,449).

Employment

Occupations

1.76k

2021 Value

± 459

1 Year growth

± 34.4%

From 2020 to 2021, employment in Silver Lake, NJ grew at a rate of 7%, from 1.64k employees to 1.76k employees.

The most common job groups, by number of people living in Silver Lake, NJ, are Healthcare Support Occupations (265 people), Food Preparation & Serving Related Occupations (250 people), and Sales & Related Occupations (202 people). This chart illustrates the share breakdown of the primary jobs held by residents of Silver Lake, NJ.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

1.76k

2021 Value

± 459

1 Year growth

± 34.4%

From 2020 to 2021, employment in Silver Lake, NJ grew at a rate of 7%, from 1.64k employees to 1.76k employees.

The most common employment sectors for those who live in Silver Lake, NJ, are Health Care & Social Assistance (475 people), Accommodation & Food Services (282 people), and Construction (265 people). This chart shows the share breakdown of the primary industries for residents of Silver Lake, NJ, though some of these residents may live in Silver Lake, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$57,414

Median earning men ± $10,969

$24,151

Median earning women ± $9,841

The industries with the best median earnings for men in 2021 are Educational Services, & Health Care & Social Assistance ($56,532), Construction ($43,313), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($28,065).

The industries with the best median earnings for women in 2021 are Educational Services, & Health Care & Social Assistance ($31,512), Professional, Scientific, & Management, & Administrative & Waste Management Services ($28,933), and Retail Trade ($17,991).

Employment by Industry Sector

Data is only available at the state level. Showing data for false.

Y-Axis

2.75%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 155M people employed in New Jersey. This represents a 2.75% increase in employment when compared to February 2022.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from New Jersey to other states, or from other states to New Jersey.

Top Domestic Production in Dollars

In 2020, the top outbound New Jersey product (by dollars) was Electronics with $68.4B, followed by Pharmaceuticals ($64.3B) and Motorized vehicles ($45.5B).

The following chart shows the share of these products in relation to all outbound New Jersey products.

Domestic Trade Growth

Showing data for New Jersey.

$634B

2020 Value in New Jersey

$1.35T

Projected 2050 Value in New Jersey

113% growth

In 2020, total outbound New Jersey trade was $634B. This is expected to increase 113% to $1.35T by 2050.

The following chart shows how the domestic outbound New Jersey trade is projected to change in comparison to its neighboring states.

Interstate Trade

Interstate trade consists of products and services shipped from New Jersey to other states, or from other states to New Jersey.

Most Common Trade Partners

New York
$114B
Pennsylvania
$59.4B
Ohio
$21.2B

In 2020, the top outbound New Jersey domestic partner for goods and services (by dollars) was New York with $114B, followed by Pennsylvania with $59.4B and Ohio and $21.2B.

The following map shows the amount of trade that New Jersey shares with each state (excluding itself).

Civics

In the 2020 presidential election, the popular vote in New Jersey went to Joseph R Biden Jr. with 57.3% of the vote. The runner-up was Donald J. Trump (41.4%), followed by Jo Jorgensen (0.696%).

Bob Menendez and Cory Booker are the senators currently representing the state of New Jersey. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

New Jersey is currently represented by 12 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Silver Lake, NJ. Showing the available data for New Jersey.

2020 Election Results

Joseph R Biden Jr. (57.3%)
Democratic Party
Donald J. Trump (41.4%)
Republican Party
Jo Jorgensen (0.696%)
Libertarian Party

In the 2020 presidential election, the popular vote in New Jersey went to Joseph R Biden Jr. with 57.3% of the vote. The runner-up was Donald J. Trump (41.4%), followed by Jo Jorgensen (0.696%).

The following chart shows the popular vote results in New Jersey for each registered party from 1976 to 2020.

Senator Elections

US Senators from New Jersey

Senatorial voting results are only available at the state level. Showing data for New Jersey.

Bob Menendez

Senator from New Jersey

Assumed office on January 17, 2006
Appointed to the seat following the resignation of Jon Corzine, who was elected Governor of New Jersey.

Cory Booker

Senator from New Jersey

Assumed office on October 31, 2013
Elected to the seat to succeed Jeffrey Chiesa, who had been appointed to the seat following the death of Frank Lautenberg.

Bob Menendez and Cory Booker are the senators currently representing New Jersey.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in New Jersey over time, excluding special elections, colored by their political party.

US Representative Elections

US Representatives from New Jersey

New Jersey is currently represented by 12 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for New Jersey have changed over time starting in 2008.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Jersey.

Measure

In 2021, 1.05% of men over 25 years of age had not completed any academic degree (no schooling), while 1.03% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for New Jersey.

Race

The most common educational levels obtained by the working population in 2021 were High School or Equivalent (1.94M), Bachelors Degree (1.73M), and Some college (1.31M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Silver Lake, NJ was $381,600 in 2021, which is 1.56 times larger than the national average of $244,900. Between 2020 and 2021 the median property value increased from $312,700 to $381,600, a 22% increase. The homeownership rate in Silver Lake, NJ is 41.1%, which is approximately the same as the national average of 64.6%.

People in Silver Lake, NJ have an average commute time of 29.6 minutes, and they drove alone to work. Car ownership in Silver Lake, NJ is approximately the same as the national average, with an average of 2 cars per household.

Median household income in Silver Lake, NJ is $55,690. In 2021, the place with the highest median household income in Silver Lake, NJ was Census Tract 158 with a value of $84,625, followed by Census Tract 159 and Census Tract 147, with respective values of $72,225 and $60,216.

Property

$381,600

Median Property Value 2021

±$77,556

$575

Median Property Taxes

±$214

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Silver Lake, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Silver Lake, NJ compared to it's parent and neighbor geographies.

Rent vs Own

41.1%

Homeownership

2021

70%

Homeowners with Mortgage

2021

In 2021, 41.1% of the housing units in Silver Lake, NJ were occupied by their owner. This percentage grew from the previous year's rate of 35.1%.

This chart shows the percentage of owner in Silver Lake, NJ compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Highest Median Household Income (Total)

Census Tract 158
Census Tract 159
Census Tract 147

In 2021, the place with the highest Median Household Income (Total) in Silver Lake, NJ was Census Tract 158 with a value of $84,625, followed by Census Tract 159 and Census Tract 147, with respective values of $72,225 and $60,216.

The following map shows all of the places in Silver Lake, NJ colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$55,690

Median Household Income

± $22,639

1.4k

Number of Households

± 371

In 2021, the median household income of the 1.4k households in Silver Lake, NJ grew to $55,690 from the previous year's value of $45,655.

The following chart displays the households in Silver Lake, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Silver Lake, NJ is from New Jersey.

0.49

2021 Wage GINI in New Jersey

0.49

2020 Wage GINI in New Jersey

In 2021, the income inequality in New Jersey was 0.49 according to the GINI calculation of the wage distribution. Income inequality had a 0.0372% growth from 2020 to 2021, which means that wage distribution grew somewhat less even. The GINI for New Jersey was higher than than the national average of 0.478. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2021

Drove Alone (58.4%)
Carpooled (15.2%)
Walked (11.8%)

In 2021, 58.4% of workers in Silver Lake, NJ drove alone to work, followed by those who carpooled to work (15.2%) and those who walked to work (11.8%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

29.6 minutes

Average Travel Time

Using averages, employees in Silver Lake, NJ have a longer commute time (29.6 minutes) than the normal US worker (26.8 minutes). Additionally, 3.11% of the workforce in Silver Lake, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Silver Lake, NJ compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Silver Lake, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Silver Lake, NJ have 2 cars.

Poverty

Poverty & Diversity

16.6% of the population for whom poverty status is determined in Silver Lake, NJ (689 out of 4.16k people) live below the poverty line, a number that is higher than the national average of 12.6%. The largest demographic living in poverty are Males < 5, followed by Females 35 - 44 and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Silver Lake, NJ is White, followed by Black and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

80.8% of the population of Silver Lake, NJ has health coverage, with 42.1% on employee plans, 25.2% on Medicaid, 7.79% on Medicare, 5.63% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Essex County, NJ see 1184 patients per year on average, which represents a 0.254% increase from the previous year (1181 patients). Compare this to dentists who see 1059 patients per year, and mental health providers who see 414 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Essex County, NJ.

1,184 to 1

Patient to Primary Care Physician Ratio in Essex County, NJ

Primary care physicians in Essex County, NJ see an average of 1,184 patients per year. This represents a 0.254% increase from the previous year (1,181 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Essex County, NJ in comparison to its neighboring geographies.

Health Care Diversity

In 2021, insured persons according to age ranges were distributed in 26.2% under 18 years, 25.8% between 18 and 34 years, 36.4% between 35 and 64 years, and 11.6% over 64 years.

By gender, of the total number of insured persons, 45.1% were men and 54.9% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

19.2%

Uninsured

42.1%

Employer Coverage

25.2%

Medicaid

7.79%

Medicare

5.63%

Non-Group

Military or VA

Between 2020 and 2021, the percent of uninsured citizens in Silver Lake, NJ grew by 5.91% from 18.2% to 19.2%.

The following chart shows how the percent of uninsured individuals in Silver Lake, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.