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Silver Lake, FL Real Estate


According to census data in the year 2000 there were 872 housing units in Silver Lake. This represents a 16.6% growth from 748 in 1990.

Of those housing units, 812 were located in either urbanized areas or urban clusters, and 60 were located in what is classified as a rural area.

Homeownership rate in Silver Lake is about 79.9%. Silver Lake's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Silver Lake were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom14.60%
Two Bedrooms19.80%
Three Bedrooms50%
Four Bedrooms11.10%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1986
Median Value of occupied units$138,900
Median Price asked for vacant units$187,500

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1982
Median Monthly Rent asked for vacant units$551

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan13.60%
Simple Mortgage48.30%
Debt Free32%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18%