Silver Lake, Indiana Population 2024

866

Silver Lake is a city located in Fulton County, Kosciusko County, and Wabash County Indiana. Silver Lake has a 2024 population of 866. Silver Lake is currently declining at a rate of -0.23% annually and its population has decreased by -0.69% since the most recent census, which recorded a population of 872 in 2020.

The average household income in Silver Lake is $57,739 with a poverty rate of 17.95%. The median age in Silver Lake is 45.7 years: 41 years for males, and 47.2 years for females.

Silver Lake Demographics

According to the most recent ACS, the racial composition of Silver Lake was:

  • White: 97.3%
  • Two or more races: 2.6%
  • Black or African American: 0.1%
  • Native American: 0%
  • Asian: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
State
Indiana
Land Area (mi²)
0.5 sq mi
Density (mi²)
1,596.70/sq mi
Growth Since 2020
-0.69% (-6)
The current population of Silver Lake, Indiana is 866 based on our projections of the latest US Census estimates (released May 2024). The last official US Census in 2020 recorded the population at 872.

Population by Race

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Race
Population
Percentage (of total)
White93797.3%
Two or more races252.6%
Black or African American10.1%
Native American00%
Asian00%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Silver Lake Population by Race

Silver Lake Population Pyramid 2024

Silver Lake Median Age

45.7

Total

41

Male

47.2

Female

Silver Lake Adults

There are 772 adults, (206 of whom are seniors) in Silver Lake.

Silver Lake Age Dependency

70.1

Age Dependency Ratio

36.4

Old Age Dependency Ratio

33.7

Child Dependency Ratio

Silver Lake Sex Ratio

Female49751.61%
Male46648.39%

Silver Lake Population by Age

Silver Lake Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All4042.3476.523.5
Non Family1771.367822
Married1402.6276.423.6
Male563.967525
Female313.717129

2.68

Average Family Size

2.34

Average Household Size

76.5%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Silver Lake Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade7610.43%
Associates Degree506.86%
Bachelors Degree405.49%
Graduate Degree40.55%
High School Graduate38452.67%
Less Than 9th Grade517%
Some College12417.01%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Silver Lake Educational Attainment by Sex (over 25)

Silver Lake Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White70658140
2+ Races18164
Hispanic10100
Black110

The highest rate of high school graduation is among black people with a rate of 100%.

The highest rate of bachelors degrees is among 2+ races people with a rate of 22.22%.

Silver Lake Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$45,000$58,571$31,250
Graduate Degree$0$0$0
High School Graduate$40,958$41,927$24,375
Less Than 9th Grade$18,333$0$0
Overall$38,646$42,414$29,732
Some College$34,200$43,750$33,300

$38,646

Average Earnings

$42,414

Average Male

$29,732

Average Female

Silver Lake Earnings by Educational Attainment

Silver Lake Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Silver Lake Language

99.12% of Silver Lake residents speak only English, while 0.88% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0.88% of the population.

Silver Lake Language

Silver Lake Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White90616217.88%
Hispanic16425%
Multiple2528%

17.95%

Overall Poverty Rate

13.23%

Male Poverty Rate

22.53%

Female Poverty Rate

Poverty in Silver Lake

The race most likely to be in poverty in Silver Lake is Hispanic, with 25% below the poverty level.

The race least likely to be in poverty in Silver Lake is Multiple, with 8% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.26%. Among those working part-time, it was 21.58%, and for those that did not work, the poverty rate was 29.13%.

Silver Lake Poverty

rate

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Rate
Poverty
Less Than 9th Grade42.52%
High School15.36%
Some College10.92%
Bachelors or Greater0%

Silver Lake Poverty Rate by Education

rate

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Rate
Poverty
Female Employed17.35%
Male Unemployed16.67%
Female Unemployed9.09%
Male Employed4.29%

Silver Lake Poverty Rate by Employment Status and Sex

Silver Lake Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$53,542$65,568
Households$48,971$57,739
Married Families$64,167$-999,999,999
Non Families$40,250$39,318

mean

median

Income by Household Type

Silver Lake Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

36.0%

Overall Marriage Rate

39.4%

Male Marriage Rate

32.9%

Female Marriage Rate

Silver Lake Married by Age and Sex

male

female

Silver Lake Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 35-44.

Silver Lake Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Silver Lake Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

59

Number of Veterans

49

Male Veterans

10

Female Veterans

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War
Veterans
First Gulf War20
Vietnam19
Second Gulf War7
Korea2
World War II0

Silver Lake Veterans by War

count

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Age Group
Veterans
35 to 5425
65 to 7416
75+10
55 to 648
18 to 340

Silver Lake Veterans by Age

count

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Name
Veterans
% of Total
White547.17%
2+ Races422.22%
Black1100%

Silver Lake Veterans by Race

Silver Lake Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

22.03%

Veteran Poverty Rate

49.15%

Veteran Disability Rate

Silver Lake Veterans by Education

LaborForceParticipation

55.8%

Labor Force Participation

51.5%

Employment Rate

7.7%

Unemployment Rate

Silver Lake Employment by Age

LaborForceParticipation

Silver Lake Employment by Race

LaborForceParticipation

Silver Lake Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

75.29%

Born in Silver Lake

100%

Native Born

0%

Foreign Born

0%

Non Citizen

0%

Naturalized

Place of Birth

100% of Silver Lake residents were born in the United States, with 75.29% having been born in Indiana. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Silver Lake Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
2029859-2-0.23%
2028861-1-0.12%
2027862-1-0.12%
2026863-2-0.23%
2025865-1-0.12%
2024866-2-0.23%
2023868-5-0.57%
202287330.34%
2021870-2-0.23%
2020872-53-5.73%
201992500%
201892510.11%
201792420.22%
201692210.11%
2015921-2-0.22%
201492350.54%
201391800%
201291830.33%
2011915-2-0.22%
201091700%

Silver Lake Population by Year