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Silver City, IA

Full City Profile · Iowa · Mills County County

2.9 /5.0
C+ Fair
435 Population 2,071/sq mi density
$68,214 Median Income $37,923 per capita
$139,000 Home Value $307,288 Zillow
$889 Median Rent 9.0% income on rent
51°F Avg Temperature 275 sunny days/yr
398 Violent Crime/100K 1,537 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$68,214 median income, 3.4% unemployment
A+
Affordability
5.0 / 5.0
$139,000 home value, $889/mo rent
F
Safety
1.0 / 5.0
398 violent crimes/100K (5% above avg)
D
Education
1.5 / 5.0
6.4% bachelor's degree or higher

Income Overview

Median Household Income
$68,214
9% below
US avg: $75,149
Per Capita Income
$37,923
3% below
US avg: $39,052
Unemployment Rate
3.4%
6% below
US avg: 3.6%
Poverty Rate
11.2%
10% below
US avg: 12.4%

Income Comparison: Silver City vs. U.S. Average

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

Median Household
US: $75,149
$68,214
91%
Per Capita
US: $39,052
$37,923
97%
IRS Avg AGI
US: $72,000
$91,250
127%
Avg Weekly Wage
US: $1,432
$1,059
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,059
26% below US avg ($1,432)
Mean Commute Time
24 min
15% below US avg (28 min)
Work From Home
11.7%
23% below US avg (15.2%)
Drive Alone
78.3%
7% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$645M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.3%
Public Transit 0%
Work From Home 11.7%
Other 10%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
458
Restaurants
21
Healthcare
27
Retail
40
Manufacturing
8

Tax & Financial

IRS Avg Adjusted Gross Income
$91,250
27% above US avg ($72,000)
Avg Property Tax
$5,433
55% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$68,214
Per Capita Income$37,923
IRS Avg Adjusted Gross Income$91,250
Avg Weekly Wage$1,059
County GDP$645M

Hardship Indicators

Unemployment Rate3.4%
Poverty Rate11.2%
Gini Coefficient0.435
Cost of Living Index87.8

Commute

Mean Commute24 minutes
Drive Alone78.3%
Public Transit0.0%
Work From Home11.7%

Businesses

Total Establishments458
Restaurants21
Healthcare27
Retail40
Manufacturing8

Tax

IRS Avg AGI$91,250
Avg Property Tax$5,433