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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
Housing Overview
Median Home Value
$139,000
51% below
US avg: $281,900
Median Rent
$889/mo
24% below
US avg: $1,163/mo
Homeownership Rate
85.4%
31% above US avg (65.4%)
Total Housing Units
155
Median year built: 1938
Home Value by Source
Census Median
$139,000
Zillow (ZHVI)
$307,288
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.4%
Owner-Occupied
14.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$889/mo
Affordability & Housing Stock
Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
85.4%
Complete Housing Data
Home Values
| Census Median Value | $139,000 |
| Zillow Home Value (ZHVI) | $307,288 |
Rent
| Census Median Rent | $889 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 85.4% |
| Renter-Occupied | 14.6% |
| Homeownership Rate | 85.4% |
| Total Housing Units | 155 |
| Median Year Built | 1938 |
| Rent Burden | 9.0% |