Silver Lake, NC Real Estate
According to census data in the year 2000 there were 2,473 housing units in Silver Lake.
This represents a 64.5% growth from 1,503 in 1990.
Of those housing units, 2,149 were located in either urbanized areas or urban clusters, and 324 were located in what is classified as a rural area.
Homeownership rate in Silver Lake is about 71.8%.
Silver Lake's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Silver Lake were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.20% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 57.20% |
| Four Bedrooms | 11.10% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $112,600 |
| Median Price asked for vacant units | $109,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1996 |
| Median Monthly Rent asked for vacant units | $757 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 14.40% |
| Simple Mortgage | 54.90% |
| Debt Free | 19.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
