Silver Lake is a very small village located in the state of Ohio. With a population of 2,493 people and just one neighborhood, Silver Lake is the 419th largest community in Ohio.
Silver Lake real estate is some of the most expensive in Ohio, although Silver Lake house values don't compare to the most expensive real estate in the U.S.
Silver Lake is a decidedly white-collar village, with fully 88.42% of the workforce employed in white-collar jobs, well above the national average. Overall, Silver Lake is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in Silver Lake who work in management occupations (24.52%), office and administrative support (8.47%), and business and financial occupations (8.15%).
Also of interest is that Silver Lake has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Silver Lake telecommute to their jobs. Overall, about 13.23% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Silver Lake is a great place for families with children to consider. First of all, many other families with children live here, making Silver Lake a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Silver Lake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Silver Lake’s overall crime rate is lower than average for the country.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Silver Lake. 61.00% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Silver Lake in 2022 was $71,138, which is wealthy relative to Ohio and the nation. This equates to an annual income of $284,552 for a family of four.
The people who call Silver Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Silver Lake residents report their race to be White, followed by Black or African-American. Important ancestries of people in Silver Lake include German, Irish, English, Italian, and Hungarian.
The most common language spoken in Silver Lake is English. Other important languages spoken here include Chinese and German/Yiddish.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Silver Lake, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the neighborhood: a neighborhood in which more "urban sophisticates" live than 95.0% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and college students.
Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.6% of all American neighborhoods.
Did you know that the neighborhood has more Hungarian and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Hungarian ancestry and 1.3% have Slovak ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Silver Lake are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 89.6% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 60.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 18.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.6%), and 9.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 96.4% of households.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Silver Lake, OH, residents most commonly identify their ethnicity or ancestry as German (24.1%). There are also a number of people of Irish ancestry (17.4%), and residents who report English roots (14.7%), and some of the residents are also of Italian ancestry (6.2%), along with some Hungarian ancestry residents (4.7%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (45.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.3%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.