Living in Silver City, Mississippi
Cost of living, income, home prices, rent and demographics of Silver City · Census data 2020–2024
Silver City has 219 residents with a median age of 43.4. The median household income is $66,667 (18% higher than the Mississippi median), the median home value is $131,300, the median rent is $525/month.
Silver City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Silver City at a glance
- Population
- 219
- Median age
- 43.4State: 38.6
- Median household income
- $66,667State: $56,447
- Median home value
- $131,300State: $169,800
- Median rent
- $525/moState: $954
- Homeowners
- 64.5%
- Bachelor's degree or higher
- 9.9%
- Average commute
- 24 min
Is Silver City a good place to live?
Pros: Median household income 18% higher than the Mississippi median; home values 23% lower than the state median; an average commute of 24 minutes.
Cons: Unemployment of 5.9%; a poverty rate of 40.6%.
The weather is best in April–May and September–October.
Cost of living in Silver City
Housing is the biggest part of the cost of living. In Silver City the median home value is $131,300, 61% lower than the U.S. median. Renters pay a median of $525 per month, which is 33.1% of household income. Homeowners with a mortgage pay $850 a month in housing costs.
Silver City median household income
The median household income in Silver City is $66,667 and the income per person is $19,637. 40.6% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Silver City: homes for sale and rent
- Housing units
- 90
- Owner-occupied
- 64.5%
- Renter-occupied
- 35.5%
- Vacant
- 31.1%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 3.53
31.1% of homes are vacant most of the year, a sign that Silver City has many vacation and second homes.
Silver City demographics
- Population
- 219
- Median age
- 43.4
- Under 18
- 26.9%
- 65 and older
- 13.2%
- Households
- 62
- Foreign-born
- 0%
- Veterans
- 13.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Silver City ›
Education in Silver City
9.9% of adults 25 and older in Silver City have a bachelor's degree or higher (Mississippi: 25.1%), and 3.5% have a graduate or professional degree.
Jobs and commute in Silver City
- Unemployment rate
- 5.9%State: 5.8%
- Average commute
- 24 minState: 26 min
- Work from home
- 12%
- Drive alone
- 88%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 66.1%
Silver City vs nearby towns
More for people moving to Silver City
Silver City ZIP code ›Weather and climate ›Living in Silver City: FAQ
What is the median household income in Silver City, MS?
The median household income in Silver City is $66,667, 18% higher than the Mississippi median of $56,447 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Silver City?
The median home value in Silver City is $131,300, compared with $169,800 in Mississippi.
How much is rent in Silver City?
The median gross rent in Silver City is $525 per month, about 33.1% of household income.
Is Silver City, MS a good place to live?
Pluses: median household income 18% higher than the Mississippi median; home values 23% lower than the state median; an average commute of 24 minutes. Minuses: unemployment of 5.9%; a poverty rate of 40.6%.
What is the median age in Silver City?
The median age in Silver City is 43.4 years (Mississippi: 38.6).
How long is the commute in Silver City?
The average commute to work in Silver City is 24 minutes; 12% of workers work from home.
What is the unemployment rate in Silver City?
The unemployment rate in Silver City is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Silver City?
9.9% of adults in Silver City 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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