Silver City, IA

Full City Profile · Iowa · Mills County County

3.4 /5.0
B Good
435 Population 2,071/sq mi density
$68,214 Median Income $37,923 per capita
$139,000 Home Value $316,957 Zillow
$889 Median Rent 9.0% income on rent
51°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$68,214 median income, 5.0% unemployment
A+
Affordability
5.0 / 5.0
$139,000 home value, $889/mo rent
D
Education
1.5 / 5.0
6.4% bachelor's degree or higher

Silver City, IA

At a Glance

Median Income
$68,214
9% below
$37,923 per capita
Home Value
$139,000
51% below
Zillow: $316,957
Median Rent
$889/mo
24% below
9.0% of income on rent
Bachelor's Degree+
6.4%
81% below
95.9% high school+
Unemployment
5.0%
39% above
11.2% poverty rate
Obesity Rate
36.4%
13% above
11.2% smoking rate
Avg Temperature
51°F

How Silver City Compares to the U.S. Average

Each bar shows Silver City's value as a percentage of the national average (100% = U.S. avg)

Income
91%
Home Value
49%
Rent
76%
Poverty
90%
Bachelor's
19%
Unemployment
139%
Thin vertical line = U.S. national average (100%)

Is Silver City a Good Place to Live?

B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Silver City residents earn a median household income of $68,214 , which is 9% below the national average of $75,149. Per capita income is $37,923. The unemployment rate stands at 5.0% (39% above the U.S. rate of 3.6%). 11.2% of residents live below the poverty line. The area is home to 458 business establishments, including 21 restaurants.

Housing & Cost of Living

The median home value in Silver City is $139,000 , 51% below the national median of $281,900. Zillow estimates the typical home at $316,957. Median rent is $889/month, with 9.0% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1938.

Education

6.4% of adults in Silver City hold a bachelor's degree or higher (81% below the national average). 95.9% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Silver City has an average annual temperature of 51°F (11°C). Winters average 23°F in January while summers reach 76°F in July. Annual precipitation totals 34.9 inches.

Data Overview

People

Population435
Median Age31.7 yrs
Density2,071/mi²
Male / Female57% / 43%
Foreign Born0.0%
Veterans4.6%

Economy

B+
Median Income$68,214
Per Capita$37,923
Unemployment5.0%
Poverty11.2%
County GDP$645M
Avg Weekly Wage$1,059

Housing

A+
Home Value$139,000
Rent$889
Ownership85.4%
Zillow$316,957
Housing Units155
Rent Burden9.0%

Health

Obesity36.4%
Diabetes7.6%
Smoking11.2%
Heart Disease4.5%
Premature Death9,695/100K

Climate

Avg Temp51°F
Rain34.9 in/yr
Elevation1,050 ft

Education

D
Bachelor's+6.4%
High School+95.9%
Graduate+1.6%
School Score6.2/10

Community

2024 VoteR 69% / D 30%
Commute24 min
Broadband96.2%
Internet Speed57 Mbps
EV Stations1
Libraries4

Did You Know?

Silver City was founded in 1879.
The median home in Silver City was built in 1938.
The nearest airport is Eppley Airfield (19 miles).
The Gini coefficient (income inequality) is 0.435 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
4.8% of the population has a disability.
The county recorded 5 fatal vehicle crashes.
91 declared natural disasters on record.