Cost of Living in Silver Lakes, CA

Population 5,789 · California · Data vintage 2023

116
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Silver Lakes a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $346,000.

Silver Lakes sits roughly 15 miles north of Victorville — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Victorville's $343,000 median.

Cost Overview

Housing 113
Rent 121

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Silver Lakes

The median home value in Silver Lakes is $345,600 — 13% above the national median of $305,000. Median rent runs $1,585/month, 21% higher than the national median of $1,314/month. The median household income of $111,857/year is 50% higher than the US median of $74,580. The local unemployment rate is 3.2%, below the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. Overall, Silver Lakes has a cost of living index of 116 versus the US average of 100, meaning it is 16% more expensive.

🏠 Housing

Median Home Value
$345,600
13% above avg
Median Rent
$1,585/mo
21% above avg
Price-to-Rent Ratio
18.2x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 87.5%
Renter-occupied 12.5%

💰 Estimated Monthly Budget

Rent median rent
$1,585
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,199/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
45.1 min
67% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.5%

Commute Mode

Drove alone
79.8%
Carpooled
13.7%
Work from home
6.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$111,857
50% above avg
Per Capita Income
$60,043
Unemployment Rate
3.2%
34% below avg
Poverty Rate
3.2%
Labor Force Participation
55.5%

🎓 Education

Bachelor's degree+ 13.7%
Graduate degree 10.8%

👥 Demographics

Median Age 39.4
Male median age 38.2
Female median age 40.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 71 — Moderate
13.7%
Good air days/yr
214
Max AQI recorded
137
PM2.5 days
205
Ozone days

Frequently Asked Questions

What is the cost of living in Silver Lakes, CA?

Silver Lakes has a cost index of 116 (100 = national average). It is 16% above the national average.

What is average rent in Silver Lakes, CA?

The median gross rent in Silver Lakes is $1,585 per month based on 2023 Census data.

What is the average home price in Silver Lakes?

The median home value in Silver Lakes is $345,600 according to 2023 Census ACS data.

What is the median income in Silver Lakes?

The median household income in Silver Lakes is $111,857 per year (2023 ACS 5-year estimates).

What is the sales tax in Silver Lakes, CA?

The combined state and local sales tax rate in Silver Lakes is 8.7%. The California state income tax top rate is 13.3%.

Is Silver Lakes, CA affordable?

Silver Lakes is above average in cost of living, with an index of 116 — about 16% higher than the national average.

Silver Lakes at a Glance

Population
5,789
Median Income
$111,857
Home Value
$345,600
Median Rent
$1,585/mo
Unemployment
3.2%
Sales Tax
8.7%
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