Silver Lake 76 Excellent
Silver Lake Livability #134 ranked city in New Jersey#3,350 ranked city in the USARanks better than 88% of areas

Pros and Cons of Living in Silver Lake

PROS
  • Commute

    The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.

  • Crime

    This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.

  • Health & Safety

    Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.

CONS
  • Cost Of Living

    This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.

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What's it like Living in Silver Lake?

Located in the state of New Jersey, Silver Lake is a smaller city with a population of 3,970 people. Silver Lake has a population density of 12,166 people per square mile. This would be considered well above the national population density level. More than a quarter of the residents of Silver Lake identify themselves as Hispanic or Latino, and 35% of the population speak Spanish as their primary or secondary language. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Silver Lake is the right fit for you, your one way commute time will average 28 minutes, which is about average when compared to the national commute time of 26 minutes.

Without the right tools, relocating to any new town can be very stressful and challenging. Living in Silver Lake, New Jersey could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Silver Lake and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, commute, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.

Silver Lake, NJ receives 77/100 for its livability score; this results in a ranking of #104 in New Jersey and #2,424 in the USA. Pack your bags! This is a very high score in comparison to other US cities. Living in Silver Lake could be a great choice! Silver Lake also ranks in the top 10 percent of all cities, which is no small feat! If we take a closer look at each of the categories on their own, we see that Silver Lake ranks well for amenities (B-), crime (A) and education (B+). The bad news for Silver Lake, there are some categories for which it does not score well, this includes: cost of living (F).

Living in Silver Lake offers many benefits and offers an extensive array of local amenities. These amenities play a crucial role in enhancing the quality of life in this vibrant community. From readily accessible grocery stores to charming coffee shops, diverse dining options and generously spaced parks, Silver Lake provides a wide spectrum of resources for its residents. This ensures that your daily requirements are effortlessly met and creates abundant opportunities for leisure and recreation. The abundant local offerings contribute to the area's overall appeal, making it an attractive destination for those seeking convenience, variety and a fulfilling lifestyle. If you're considering a move, the wealth of local amenities continues could be a defining feature of this remarkable locale.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Silver Lake. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Silver Lake are affordable. Median real estate prices in Silver Lake come in at $312,700, which is 1.2% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Silver Lake, the home price to income ratio is 6.9, which is 60.5% higher than the New Jersey average.

Best Places to Live in and Around Silver Lake

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Compare Silver Lake, NJ Livability

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      Silver Lake transportation information

      Statistic Silver Lake New Jersey National
      Average one way commute28min31min26min
      Workers who drive to work56.8%71.7%76.4%
      Workers who carpool13.6%8.1%9.3%
      Workers who take public transit9.0%11.2%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk12.3%3.0%2.8%
      Working from home8.3%4.1%4.6%
      Source: The Silver Lake, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).