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Silver Lake, NJ Income and Careers

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As of 2010-2014, the per capita income of Silver Lake is $21,738, which is much lower than the state average of $36,359 and is lower than the national average of $28,555. Silver Lake median household income is $44,323. On average Silver Lake residents spend 28.1 minutes per day commuting to work, which is lower than the state average of 31.2 minutes and is higher than the national average of 25.7 minutes.

Topics:Per Capita Income Median Workers Income Household Income Family Income Median Income by Age Employment Status Commuting to Work Careers Poverty Level

Per Capita Income, #501

Silver Lake, NJ	21,738 USD
New Jersey	36,359 USD
U.S.	28,555 USD

*Based on 2010-2014 data. View historical per capita income data.

Median Individual Worker Income, see rank

Silver Lake, NJ	29,130 USD
New Jersey	39,546 USD
U.S.	30,815 USD

*Based on 2010-2014 data. View historical median individual worker income data.

Male Median Individual Worker Income, see rank

Silver Lake, NJ	30,893 USD
New Jersey	47,106 USD
U.S.	36,116 USD

*Based on 2010-2014 data. View historical male median individual worker income data.

Female Median Individual Worker Income, see rank

Silver Lake, NJ	27,083 USD
New Jersey	32,292 USD
U.S.	25,692 USD

*Based on 2010-2014 data. View historical female median individual worker income data.

Household Income

Median Household Income, #485

Silver Lake, NJ	44,323 USD
New Jersey	72,062 USD
U.S.	53,482 USD

Mean Household Income, see rank

Silver Lake, NJ	50,345 USD
New Jersey	98,286 USD
U.S.	74,596 USD

Median Household Income Growth Since 2006-2010, see rank

Silver Lake, NJ		-11.62%
New Jersey		30.67%
U.S.		27.36%

*The Silver Lake, NJ median household income growth rate is since 2006-2010. The New Jersey and U.S population growth rate is since 2000.

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

Household Income Other than Earnings

	Silver Lake, NJ		New Jersey		U.S.
	%⁺	Average Amount	%⁺	Average Amount	%⁺	Average Amount
Interest, Dividends, or Net Rental Income	9.25%	$5,589, see rank	24.72%	$16,682	21.11%	$16,919
Social Security Income	28.25%	$14,479, see rank	29.18%	$19,213	29.33%	$17,636
Public Assistance Income	4.90%	$1,501, see rank	2.81%	$4,209	2.82%	$3,720
Retirement Income	7.11%	$20,749, see rank	17.41%	$26,347	17.85%	$24,095

⁺ The percentage of the total households that have the income.

*Based on 2010-2014 data. View historical household income data.

Family Income

Median Family Income, see rank

Silver Lake, NJ	52,727 USD
New Jersey	87,999 USD
U.S.	65,443 USD

Mean Family Income, see rank

Silver Lake, NJ	57,331 USD
New Jersey	114,618 USD
U.S.	86,963 USD

Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

*Based on 2010-2014 data. View historical family income data.

Median Household Income by Races

	Silver Lake, NJ	New Jersey	U.S.
White	$44,090, see rank	$77,446	$56,900
Black	$33,508, see rank	$46,640	$35,600
Hispanic	$39,651, see rank	$49,097	$42,396
Asian	$94,559, see rank	$103,101	$73,244
One Race, Other	$23,409, see rank	$45,137	$40,300

*Based on 2010-2014 data. View historical median household income by races data.

Median Household Income by Age

	Silver Lake, NJ	New Jersey	U.S.
less than 25	$26,250, see rank	$32,789	$25,788
25 to 44	$47,778, see rank	$77,813	$58,398
45 to 64	$49,563, see rank	$88,136	$65,027
65 or over	$16,809, see rank	$44,740	$37,945

*Based on 2010-2014 data. View historical median household income by age data.

Employment Status

	Silver Lake, NJ	New Jersey	U.S.
Population 16 Years and Over	2,964, see rank	7,080,181	248,775,628
Male¹	1,300, 43.86%, see rank	48.17%	48.69%
Male, In Labor Force:²	1,004, 77.23%, see rank	72.30%	69.28%
Male, In Armed Forces²	0, 0.00%, see rank	0.17%	0.73%
Male, Civilian²	1,004, 77.23%, see rank	72.13%	68.54%
Male, Civilian, Employed³	866, 86.25%, see rank	90.25%	90.49%
Male, Civilian, Unemployed³	138, 13.75%, see rank	9.75%	9.51%
Male, Not in Labor Force²	296, 22.77%, see rank	27.70%	30.72%
Female¹	1,664, 56.14%, see rank	51.83%	51.31%
Female, In Labor Force:²	1,069, 64.24%, see rank	60.75%	58.79%
Female, In Armed Forces²	0, 0.00%, see rank	0.03%	0.11%
Female, Civilian²	1,069, 64.24%, see rank	60.72%	58.69%
Female, Civilian, Employed³	973, 91.02%, see rank	90.43%	91.18%
Female, Civilian, Unemployed³	96, 8.98%, see rank	9.57%	8.82%
Female, Not in Labor Force²	595, 35.76%, see rank	39.25%	41.21%

¹ Percentage of the population of 16 years and over.
² Percentage of the population of 16 years and over for the gender.
³ Percentage of the Civilian for the gender.

*Based on 2010-2014 data. View historical employment status data.

Commuting to Work

	Silver Lake, NJ	New Jersey	U.S.
Workers 16 Years and Over	1,800, 100%	4,144,855	141,337,148
Car, Truck, or Van—Drove Alone	1,162, 64.56%, see rank	71.91%	76.41%
Car, Truck, or Van—Carpooled	183, 10.17%, see rank	8.31%	9.59%
Public Transportation	256, 14.22%, see rank	10.92%	5.06%
Walked	111, 6.17%, see rank	3.03%	2.78%
Other Means	88, 4.89%, see rank	1.89%	1.79%
Worked at Home	0, 0.00%, see rank	3.94%	4.37%

Mean Travel Time to Work, see rank

Silver Lake, NJ	28.1 minutes
New Jersey	31.2 minutes
U.S.	25.7 minutes

Ranks: 9 min. or less, 10-19 min., 20-29 min., 30-39 min., 40-59 min., 60-89 min., 90min. or more

*Based on 2010-2014 data. View historical commuting to work data.

Careers

Occupation

	Silver Lake, NJ	New Jersey	U.S.
Civilian Employed, 16 Years and Over	1,839	4,235,089	143,435,233
Male¹	866, 47.09%, see rank	52.43%	52.38%
Management, Professional, and Related Occupations²	217, 25.06%, see rank	38.00%	33.12%
Service Occupations²	236, 27.25%, see rank	14.90%	15.12%
Sales and Office Occupations²	93, 10.74%, see rank	18.56%	17.47%
Farming, Fishing, and Forestry Occupations²	0, 0.00%, see rank	0.26%	1.11%
Construction, Extraction, Maintenance, and Repair Occupations²	125, 14.43%, see rank	8.12%	9.29%
Production, Transportation, and Material Moving Occupations²	127, 14.67%, see rank	15.13%	17.94%
Female¹	973, 52.91%, see rank	47.57%	47.62%
Management, Professional, and Related Occupations²	356, 36.59%, see rank	43.61%	40.04%
Service Occupations²	226, 23.23%, see rank	18.85%	21.52%
Sales and Office Occupations²	391, 40.18%, see rank	31.96%	31.93%
Farming, Fishing, and Forestry Occupations²	0, 0.00%, see rank	0.09%	0.32%
Construction, Extraction, Maintenance, and Repair Occupations²	0, 0.00%, see rank	0.17%	0.28%
Production, Transportation, and Material Moving Occupations²	0, 0.00%, see rank	5.12%	5.65%

¹ Percentage of the civilian employed, 16 years and over.
² Percentage of the civilian employed, 16 years and over for the gender.

Industry

	Silver Lake, NJ	New Jersey	U.S.
Civilian Employed, 16 Years and Over	1,839, 100%	4,235,089	143,435,233
Agriculture, Forestry, Fishing, Hunting, Mining	0, 0.00%, see rank	0.32%	1.96%
Construction	72, 3.92%, see rank	5.57%	6.17%
Manufacturing	195, 10.60%, see rank	8.65%	10.43%
Wholesale Trade	36, 1.96%, see rank	3.43%	2.75%
Retail Trade	142, 7.72%, see rank	11.20%	11.57%
Transportation, Warehousing, Utilities	117, 6.36%, see rank	5.72%	4.93%
Information	80, 4.35%, see rank	2.86%	2.14%
Finance, Insurance, Real Estate, Rental, Leasing	54, 2.94%, see rank	8.63%	6.60%
Professional, Scientific, Management, Administrative, Waste Management Services	254, 13.81%, see rank	12.77%	10.89%
Educational Services, Health Care, Social Assistance	428, 23.27%, see rank	23.68%	23.21%
Arts, Entertainment, Recreation, Accommodation, Food Services	351, 19.09%, see rank	8.28%	9.49%
Public Administration	52, 2.83%, see rank	4.39%	4.92%
Other Services, Except Public Administration	58, 3.15%, see rank	4.50%	4.96%

*Based on 2010-2014 data. View historical careers data.

Poverty Level

	Silver Lake, NJ	%	New Jersey	U.S.
Population in Poverty	741	20.86%, see rank	10.74%	15.59%
Family in Poverty	161	20.43%, see rank	8.14%	11.47%

*Based on 2010-2014 data. View historical poverty level data.