Silver Plume, CO

Census Place

2024 Population

127

US Senator

Michael Bennet

Democratic Party

US Senator

John Hickenlooper

Democratic Party

2024 Median Age

39.9

25.4% 1-year decrease

2024 Poverty Rate

17.3%

6.09% 1-year decrease

2024 Median Household Income

$52,083

1.21% 1-year growth

2024 Median Property Value

$473,500

Economy

The economy of Silver Plume, CO employs 79 people. In 2024, the largest industries in Silver Plume, CO were Arts, Entertainment, & Recreation (17 people), Educational Services (16 people), and Transportation & Warehousing (13 people), and the highest paying industries were Educational Services, & Health Care & Social Assistance ($118,542), Arts, Entertainment, & Recreation ($32,969), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($32,813).

Employment

Occupations

2024 Value

± 94

−3.66%

1 Year decline

± 167%

From 2023 to 2024, employment in Silver Plume, CO declined at a rate of −3.66%, from 82 employees to 79 employees.

The most common job groups, by number of people living in Silver Plume, CO, are Office & Administrative Support Occupations (13 people), Education Instruction, & Library Occupations (10 people), and Computer & Mathematical Occupations (9 people). This chart illustrates the share breakdown of the primary jobs held by residents of Silver Plume, CO.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Colorado (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

2024 Value

± 94

−3.66%

1 Year decline

± 167%

From 2023 to 2024, employment in Silver Plume, CO declined at a rate of −3.66%, from 82 employees to 79 employees.

The most common employment sectors for those who live in Silver Plume, CO, are Arts, Entertainment, & Recreation (17 people), Educational Services (16 people), and Transportation & Warehousing (13 people). This chart shows the share breakdown of the primary industries for residents of Silver Plume, CO, though some of these residents may live in Silver Plume, CO and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$45,536

Median earning men ± $18,778

$56,528

Median earning women ± $107,929

The industries with the best median earnings for men in 2024 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($32,969).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($117,708).

Housing & Living

The median property value in Silver Plume, CO was $473,500 in 2024, which is 1.42 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $477,300 to $473,500, a 0.796% decrease. The homeownership rate in Silver Plume, CO is 73.4%, which is higher than the national average of 65.2%.

People in Silver Plume, CO have an average commute time of 36.5 minutes, and they drove alone to work. Car ownership in Silver Plume, CO is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$473,500

Median Property Value 2024

±$80,098

$47

Median Property Taxes

±$43

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 Plume, CO the largest share of households pay taxes in the $800 - $1,499 range.

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

Rent vs Own

73.4%

Homeownership

2024

40%

Homeowners with Mortgage

2024

In 2024, 73.4% of the housing units in Silver Plume, CO were occupied by their owner. This percentage grew from the previous year's rate of 69.5%.

This chart shows the percentage of owner in Silver Plume, CO 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.

$52,083

Median Household Income

± $36,028

Number of Households

± 53

In 2024, the median household income of the 64 households in Silver Plume, CO grew to $52,083 from the previous year's value of $51,458.

The following chart displays the households in Silver Plume, CO 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 $50k - $60k range.

Wage Distribution

The closest comparable wage GINI for Silver Plume, CO is from Colorado.

0.46

2024 Wage GINI in Colorado

0.462

2023 Wage GINI in Colorado

In 2024, the income inequality in Colorado was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.498% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Colorado was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Colorado in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (73.4%)
Worked At Home (26.6%)

In 2024, 73.4% of workers in Silver Plume, CO drove alone to work, followed by those who worked at home (26.6%) and those who carpooled to work (0%).

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

36.5 minutes

Average Travel Time

Using averages, employees in Silver Plume, CO have a longer commute time (36.5 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Silver Plume, CO have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

The following chart displays the households in Silver Plume, CO distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Silver Plume, CO have 2 cars.

Poverty

Poverty & Diversity

17.3% of the population for whom poverty status is determined in Silver Plume, CO (22 out of 127 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 65 - 74, followed by Males 65 - 74 and then Females 75+.

The most common racial or ethnic group living below the poverty line in Silver Plume, CO 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.

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