Silver City, IA

Census Place

2024 Population

504

US Senator

Chuck Grassley

Republican Party

US Senator

Joni Ernst

Republican Party

2024 Median Age

30.5

3.79% 1-year decrease

2024 Poverty Rate

19.8%

111% 1-year increase

2024 Median Household Income

$67,250

1.41% 1-year decline

2024 Median Property Value

$156,800

Population & Diversity

Silver City, IA is home to a population of 504 people, from which 100% are citizens.

In 2024, there were 12.9 times more White (Non-Hispanic) residents (464 people) in Silver City, IA than any other race or ethnicity. There were 36 Black or African American (Non-Hispanic) and 4 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Silver City, IA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Silver City, IA was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Silver City, IA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Silver City, IA

White (Non-Hispanic)
464 ± 158
Black or African American (Non-Hispanic)
36 ± 58
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
4 ± 6

The following chart shows the 8 races represented in Silver City, IA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Iowa.

Most Common Origin

Mexico
44,333 ± 5,134 people
India
11,889 ± 2,672 people
Guatemala
8,189 ± 2,219 people

In 2024, the most common birthplace for the foreign-born residents of Iowa was Mexico, the natal country of 44,333 Iowa residents, followed by India with 11,889 and Guatemala with 8,189.

Military

Veterans

Most Common Service Period

Vietnam
6 ± 15
Korea
2 ± 11
Gulf War (2001-)
1 ± 14

Silver City, IA has a large population of military personnel who served in Vietnam, 3 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Silver City, IA.

Economy

The economy of Silver City, IA employs 235 people. In 2024, the largest industries in Silver City, IA were Other Services, Except Public Administration (48 people), Public Administration (27 people), and Finance & Insurance (26 people), and the highest paying industries were Professional, Scientific, & Management, & Administrative & Waste Management Services ($89,250), Professional, Scientific, & Technical Services ($88,500), and Transportation & Warehousing ($85,313).

Employment

Occupations

235

2024 Value

± 104

2.17%

1 Year growth

± 61.2%

From 2023 to 2024, employment in Silver City, IA grew at a rate of 2.17%, from 230 employees to 235 employees.

The most common job groups, by number of people living in Silver City, IA, are Arts, Design, Entertainment, Sports, & Media Occupations (36 people), Management Occupations (23 people), and Office & Administrative Support Occupations (23 people). This chart illustrates the share breakdown of the primary jobs held by residents of Silver City, IA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Iowa.

This chart shows weekly unemployment insurance claims in Iowa (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

235

2024 Value

± 104

2.17%

1 Year growth

± 61.2%

From 2023 to 2024, employment in Silver City, IA grew at a rate of 2.17%, from 230 employees to 235 employees.

The most common employment sectors for those who live in Silver City, IA, are Other Services, Except Public Administration (48 people), Public Administration (27 people), and Finance & Insurance (26 people). This chart shows the share breakdown of the primary industries for residents of Silver City, IA, though some of these residents may live in Silver City, IA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$50,833

Median earning men ± $14,390

$32,417

Median earning women ± $18,633

The industries with the best median earnings for men in 2024 are Public Administration ($100,357), Transportation & Warehousing, & Utilities ($85,313), and Construction ($12,031).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($47,614), Finance & Insurance, & Real Estate & Rental & Leasing ($31,667), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($4,792).

Housing & Living

The median property value in Silver City, IA was $156,800 in 2024, which is 0.471 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $139,000 to $156,800, a 12.8% increase. The homeownership rate in Silver City, IA is 82.5%, which is higher than the national average of 65.2%.

People in Silver City, IA have an average commute time of 24.6 minutes, and they drove alone to work. Car ownership in Silver City, IA is higher than the national average, with an average of 5 cars per household.

Housing

Property

$156,800

Median Property Value 2024

±$25,357

$118

Median Property Taxes

±$41

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Silver City, IA the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Silver City, IA compared to it's parent and neighbor geographies.

Rent vs Own

82.5%

Homeownership

2024

73.2%

Homeowners with Mortgage

2024

In 2024, 82.5% of the housing units in Silver City, IA were occupied by their owner. This percentage declined from the previous year's rate of 85.4%.

This chart shows the percentage of owner in Silver City, IA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$67,250

Median Household Income

± $20,021

143

Number of Households

± 45

In 2024, the median household income of the 143 households in Silver City, IA declined from $67,250 from the previous year's value of $68,214.

The following chart displays the households in Silver City, IA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Silver City, IA is from Iowa.

0.435

2024 Wage GINI in Iowa

0.441

2023 Wage GINI in Iowa

In 2024, the income inequality in Iowa was 0.435 according to the GINI calculation of the wage distribution. Income inequality had a 1.29% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Iowa was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Iowa in comparison to the national average.

This chart shows the number of workers in Iowa across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (74.5%)
Worked At Home (16.2%)
Carpooled (5.96%)

In 2024, 74.5% of workers in Silver City, IA drove alone to work, followed by those who worked at home (16.2%) and those who carpooled to work (5.96%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

24.6 minutes

Average Travel Time

Using averages, employees in Silver City, IA have a shorter commute time (24.6 minutes) than the normal US worker (26.4 minutes). Additionally, 1.02% of the workforce in Silver City, IA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Silver City, IA compares to that of it's neighboring and parent geographies.

Car Ownership

5 cars

Average Number

The following chart displays the households in Silver City, IA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Silver City, IA have 5 cars.

Poverty

Poverty & Diversity

19.8% of the population for whom poverty status is determined in Silver City, IA (100 out of 504 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Males 16 - 17 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Silver City, IA is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Keep Exploring