Silver Lake, IN Real Estate
According to census data in the year 2000 there were 227 housing units in Silver Lake.
This represents a 2.7% growth from 221 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 227 were located in what is classified as a rural area.
Homeownership rate in Silver Lake is about 79.2%.
Silver Lake's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Silver Lake were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.60% |
| Two Bedrooms | 32.60% |
| Three Bedrooms | 48% |
| Four Bedrooms | 14.10% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $64,100 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.32 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.90% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 43.80% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
