Silver Lake employment information

IndexSilver LakeIndianaNational
Income per capita$18,841$26,117$29,829
Median household income$46,563$50,433$55,322
Median income owner occupied$47,778$62,593$70,586
Median income renter occupied$36,458$29,285$35,192
Median earnings male$30,000$36,194$36,919
Median earnings female$25,417$23,580$26,250
Unemployment rate4.8%4.4%4.7%
Poverty level20.5%15.0%15.1%
The Silver Lake, IN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Silver Lake is $18,841, which is 28% lower than than the Indiana average and 37% lower than than the national average. The median household income is $46,563, which is 8% lower than than the Indiana average and 16% lower than than the national average. The unemployment rate in Silver Lake is 5%, which is 2% higher than than the national average. The poverty rate in Silver Lake is 21% which is 36% higher than than the national average.

am i middle class

$Input your household income
$31,038$46,563$93,126
City
$33,618$50,433$100,866
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Silver Lake is 37% lower than the national average.
  • The median household income in Silver Lake is 16% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Silver Lake is 2% higher than the national average.
  • The poverty level in Silver Lake is 36% higher than the national average.

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Compare Silver Lake, IN Employment To Other Cities

Employment status

Hours worked per week

Silver Lake median earnings by income bracket

Silver Lake employment by industry

Labour TypeMaleFemale
Construction industry10.3%0.0%
Manufacturing sector55.6%0.0%
Financial & insurance services0.4%4.7%
Wholesale & retail services14.7%24.0%
Public administration0.4%0.8%
Transportation, warehousing & utilities2.2%5.5%
Education, health & social services3.9%16.9%
Other11.6%14.2%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Winona Lake, IN5,129$57,9785%
Sidney, IN98$51,2507%
Denver, IN516$49,16711%
Pierceton, IN903$47,96913%
Etna Green, IN623$47,50014%
Silver Lake, IN1,027$46,56316%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Tatamy, PA1,027$75,25036%
Wayland, IA1,027$48,33313%
Dover Plains, NY1,027$42,05724%
Duncan Falls, OH1,027$42,18824%
Young Harris, GA1,027$24,58356%
Silver Lake, IN1,027$46,56316%
Source: The Silver Lake, IN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).