Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.3 yrs |
|---|---|
| Avg HH Size | 3.52 |
| Below Poverty | 4.8% ▼ 52% below avg |
| College Grads | 43.8% ▲ 13% above avg |
| Unemployment | 2.8% ▼ 42% below avg |
| HS Graduate | 171 (33.5%) |
| Some College | 46 (9%) |
| Associates | 70 (13.7%) |
| Bachelors | 67 (13.1%) |
| Graduate Degree | 157 (30.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $92,778 ▲ 22% above avg |
|---|---|
| Median Home Value | $225,000 ▼ 19% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $945/mo |
| Total Housing Units | 265 |
| Vacant Units | 21 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Silver City is a city in Iowa, located in Mills County. The city spans 1 ZIP code and is home to approximately 858 residents. It is a middle-aged city, with a median age of 38.3 years.
Economically, Silver City is a middle-income community. The median household income of $92,778 is above the national average. Approximately 4.8% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.
The real estate market in Silver City is an affordable housing market. Median home values stand at $225,000, which is below the national average. Renters typically pay around $945 per month. Homeownership is high at 84.4%, typical of suburban and family-oriented communities.
The population of Silver City is well-educated. 43.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.94%).
Silver City, IA offers residents above-average earning potential within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 51571 | 858 | $92,778 | $225,000 | $945 | 2.8% | 43.8% | 84.4% |