Living in Silverton, Colorado

Cost of living, income, home prices, rent and demographics of Silverton · Census data 2020–2024

Silverton has 637 residents with a median age of 35.6. The median household income is $77,546 (19% lower than the Colorado median), the median home value is $471,100, the median rent is $992/month.

Silverton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Silverton at a glance

Population
637
Median age
35.6State: 37.7
Median household income
$77,546State: $95,470
Median home value
$471,100State: $539,400
Median rent
$992/moState: $1,761
Homeowners
47.6%
Bachelor's degree or higher
51.6%
Average commute
14 min

Is Silverton a good place to live?

Pros: Home values 13% lower than the state median; an average commute of 14 minutes.

Cons: Median household income 19% lower than the Colorado median; unemployment of 10.3%; a poverty rate of 22%.

The weather is best in June to September.

Cost of living in Silverton

Housing is the biggest part of the cost of living. In Silverton the median home value is $471,100, 42% higher than the U.S. median. Renters pay a median of $992 per month, which is 24.8% of household income. Homeowners with a mortgage pay $3,250 a month in housing costs.

Median home value

Silverton$471,100
Colorado$539,400
United States$332,700

Median monthly rent

Silverton$992
Colorado$1,761
United States$1,413

Silverton median household income

The median household income in Silverton is $77,546 and the income per person is $40,805. 22% of residents live below the poverty line (Colorado: 9.4%).

Median household income

Silverton$77,546
Colorado$95,470
United States$80,734

Housing in Silverton: homes for sale and rent

Housing units
545
Owner-occupied
47.6%
Renter-occupied
52.4%
Vacant
34.1%Includes seasonal homes
Median year built
1972
Average household size
1.77

34.1% of homes are vacant most of the year, a sign that Silverton has many vacation and second homes.

Silverton demographics

Population
637
Median age
35.6
Under 18
12.2%
65 and older
17.4%
Households
359
Foreign-born
12.6%
Veterans
2.7%Adults 18+

Race and ethnicity

White85.7%
Hispanic or Latino20.7%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Silverton ›

Education in Silverton

51.6% of adults 25 and older in Silverton have a bachelor's degree or higher (Colorado: 45.7%), and 19.7% have a graduate or professional degree.

Bachelor's degree or higher

Silverton51.6%
Colorado45.7%
United States35.7%

Jobs and commute in Silverton

Unemployment rate
10.3%State: 4.6%
Average commute
14 minState: 25 min
Work from home
27.9%
Drive alone
55.2%
Public transit
0%
Walk to work
1.3%
Homes with broadband
87.5%

Silverton vs nearby towns

TownPopulationMedian incomeHome valueRent
Silverton637$77,546$471,100$992
Ophir120$135,179$906,300—
Telluride2,160$102,405—$3,056
Mountain Village2,185$52,923$2,000,001$1,072
Ouray985$78,182$588,300$1,346
Rico414$104,250$560,400$1,625
Lake City561$61,919$428,600$1,180
Ridgway1,237$83,750$709,900$1,577
Placerville333$105,972$1,133,100$2,194

More for people moving to Silverton

Silverton ZIP code ›Weather and climate ›

Living in Silverton: FAQ

What is the median household income in Silverton, CO?

The median household income in Silverton is $77,546, 19% lower than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Silverton?

The median home value in Silverton is $471,100, compared with $539,400 in Colorado.

How much is rent in Silverton?

The median gross rent in Silverton is $992 per month, about 24.8% of household income.

Is Silverton, CO a good place to live?

Pluses: home values 13% lower than the state median; an average commute of 14 minutes. Minuses: median household income 19% lower than the Colorado median; unemployment of 10.3%; a poverty rate of 22%.

What is the median age in Silverton?

The median age in Silverton is 35.6 years (Colorado: 37.7).

How long is the commute in Silverton?

The average commute to work in Silverton is 14 minutes; 27.9% of workers work from home.

What is the unemployment rate in Silverton?

The unemployment rate in Silverton is 10.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Silverton?

51.6% of adults in Silverton have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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