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ZipNumbers

Iowa · Census place 73155

Silver City city, IA

Quick answer

Silver City city has 435 residents, ranking #501 of 1026 places in Iowa. Median household income is $68,214, the median home is worth $139,000 and median gross rent runs $889 a month.

Population
435Silver City city residents
Median household income
$68,214Past 12 months, inflation adjusted
Median home value
$139,000Owner-occupied units
Median gross rent
$889Rent plus utilities, monthly
Median age
31.7 yrsAll residents
Homeownership rate
85.4%Owner-occupied households

What the numbers mean in Silver City city

Housing cost measured against local earnings.

A household earning the Silver City city median would spend about 15.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.4% of residents and 85.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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