Silver Lake CDP (Essex County) vs Newark
| Silver Lake CDP (Essex County) | Newark | |
|---|---|---|
| Population | 4,407 | 307,355 |
| Median Household Income | $82,469 | $52,060 |
| Median Home Value | $448,300 | $373,700 |
| Median Gross Rent | $1,448/mo | $1,392/mo |
| Homeownership Rate | 40.5% | 24.4% |
| Unemployment Rate | 1.4% | 11.6% |
| Bachelor's Degree or Higher | 30.1% | 19.7% |
| Median Age | 47.3 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.