Housing & Real Estate — Silver Lake, North Carolina
Overview
| Total Housing Units | 2,754 |
|---|
| Occupied | 2,673 |
|---|
| Vacant | 81 |
|---|
| Owner-Occupied | 2,101 |
|---|
| Renter-Occupied | 572 |
|---|
| Median Home Value (Census) | $325,500 |
|---|
| Estimated 2026 | ~$356,000 |
|---|
| Median Rent | $1,289/mo |
|---|
| Median Property Tax | $1,520/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 20.2% |
|---|
| Severely Rent-Burdened | 59.4% |
|---|
Housing Age
| Built 2010 or later | 731 |
|---|
| Built 2000-2009 | 453 |
|---|
| Built 1990-1999 | 573 |
|---|
| Built before 1960 | 41 |
|---|
| Median Year Built | 1994 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
