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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Silverton | 637 | $77,546 | $471,100 | $992 |
| Ophir | 120 | $135,179 | $906,300 | — |
| Telluride | 2,160 | $102,405 | — | $3,056 |
| Mountain Village | 2,185 | $52,923 | $2,000,001 | $1,072 |
| Ouray | 985 | $78,182 | $588,300 | $1,346 |
| Rico | 414 | $104,250 | $560,400 | $1,625 |
| Lake City | 561 | $61,919 | $428,600 | $1,180 |
| Ridgway | 1,237 | $83,750 | $709,900 | $1,577 |
| Placerville | 333 | $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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