Silver Lake, NJ Employment

D+
26%
Income/capita NAT. AVG.
17%
Household income NAT. AVG.
44%
Unemployment NAT. AVG.
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IndexSilver LakeNew JerseyNational
Income per capita$22,013$37,538$29,829
Median household income$45,655$73,702$55,322
Median income owner occupied$69,063$97,281$70,586
Median income renter occupied$40,391$42,169$35,192
Median earnings male$53,568$47,369$36,919
Median earnings female$24,766$32,116$26,250
Unemployment rate6.7%5.2%4.7%
Poverty level24.1%10.9%15.1%
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Key findings

  • The income per capita in Silver Lake is 26% lower than the national average
  • The median household income in Silver Lake is 17% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Silver Lake is 44% higher than the national average
  • The poverty level in Silver Lake is 59% higher than the national average

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      am i middle class

      $
      Input your household income
      $30,433 $45,655 $91,310
      City
      $49,129 $73,702 $147,404
      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.

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      Silver Lake median earnings by income bracket

      Silver Lake employment by industry

      Labour TypeMaleFemale
      Construction industry18.1%18.1%
      Manufacturing sector6.0%6.0%
      Financial & insurance services1.5%1.5%
      Wholesale & retail services5.1%5.1%
      Public administration14.7%14.7%
      Transportation, warehousing & utilities13.8%13.8%
      Education, health & social services23.8%23.8%
      Other14.4%14.4%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Short Hills, NJ13,700$250,001351.9%
      Mountain Lakes, NJ4,249$225,208307.1%
      Essex Fells, NJ2,037$215,104288.8%
      Upper Montclair, NJ11,439$214,726288.1%
      Glen Ridge, NJ7,583$211,091281.6%
      Silver Lake, NJ3,970$45,65517.5%

      Cities with similar population

      City Population Household Income National Avg.
      West Nyack, NY3,970$134,044142.3%
      Le Claire, IA3,969$78,53442.0%
      Norton, VA3,969$30,51844.8%
      Coronita, CA3,968$104,00788.0%
      Fulton, MS3,968$37,43232.3%
      Silver Lake, NJ3,970$45,65517.5%
      Source: The Silver Lake, NJ employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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