Silver Lake, OH Real Estate
According to census data in the year 2000 there were 1,316 housing units in Silver Lake.
This represents a 3.3% growth from 1,274 in 1990.
Of those housing units, 1,316 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Silver Lake is about 95.9%.
Silver Lake's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Silver Lake were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4% |
| Two Bedrooms | 20.80% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 30.90% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $190,700 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1961 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 39.30% |
| Debt Free | 41.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
