Living in Silverton, Texas
Cost of living, income, home prices, rent and demographics of Silverton · Census data 2020–2024
Silverton has 498 residents with a median age of 49.2. The median household income is $42,963 (45% lower than the Texas median), the median home value is $77,900, the median rent is $541/month.
Silverton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Silverton at a glance
- Population
- 498
- Median age
- 49.2State: 35.6
- Median household income
- $42,963State: $78,476
- Median home value
- $77,900State: $283,800
- Median rent
- $541/moState: $1,403
- Homeowners
- 83.2%
- Bachelor's degree or higher
- 11.5%
- Average commute
- 28 min
Is Silverton a good place to live?
Pros: Home values 73% lower than the state median; unemployment of 2.5%; a poverty rate of 13.3%.
Cons: Median household income 45% lower than the Texas median; an average commute of 28 minutes.
The weather is best in April–May and September–October.
Cost of living in Silverton
Housing is the biggest part of the cost of living. In Silverton the median home value is $77,900, 77% lower than the U.S. median. Renters pay a median of $541 per month, which is 9% of household income. Homeowners with a mortgage pay $893 a month in housing costs.
Silverton median household income
The median household income in Silverton is $42,963 and the income per person is $48,821. 13.3% of residents live below the poverty line (Texas: 13.8%).
Housing in Silverton: homes for sale and rent
- Housing units
- 294
- Owner-occupied
- 83.2%
- Renter-occupied
- 16.8%
- Vacant
- 31.3%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.47
31.3% of homes are vacant most of the year, a sign that Silverton has many vacation and second homes.
Silverton demographics
- Population
- 498
- Median age
- 49.2
- Under 18
- 19.5%
- 65 and older
- 23.1%
- Households
- 202
- Foreign-born
- 18.7%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Silverton ›
Education in Silverton
11.5% of adults 25 and older in Silverton have a bachelor's degree or higher (Texas: 33.8%), and 3.9% have a graduate or professional degree.
Jobs and commute in Silverton
- Unemployment rate
- 2.5%State: 5.3%
- Average commute
- 28 minState: 27 min
- Work from home
- 5.1%
- Drive alone
- 57.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 82.7%
Silverton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Silverton | 498 | $42,963 | $77,900 | $541 |
| Quitaque | 347 | $58,929 | $69,200 | $693 |
| Turkey | 274 | $49,450 | $99,300 | $554 |
| Lockney | 1,752 | $54,698 | $82,600 | $718 |
| Kress | 642 | $30,357 | $87,600 | $770 |
| Tulia | 4,422 | $32,288 | $81,100 | $771 |
| Seth Ward | 2,205 | $53,990 | $62,400 | $863 |
| Plainview | 19,711 | $44,768 | $113,000 | $851 |
| Floydada | 2,588 | $52,826 | $89,700 | $664 |
More for people moving to Silverton
Silverton ZIP code ›Weather and climate ›Living in Silverton: FAQ
What is the median household income in Silverton, TX?
The median household income in Silverton is $42,963, 45% lower than the Texas median of $78,476 (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 $77,900, compared with $283,800 in Texas.
How much is rent in Silverton?
The median gross rent in Silverton is $541 per month, about 9% of household income.
Is Silverton, TX a good place to live?
Pluses: home values 73% lower than the state median; unemployment of 2.5%; a poverty rate of 13.3%. Minuses: median household income 45% lower than the Texas median; an average commute of 28 minutes.
What is the median age in Silverton?
The median age in Silverton is 49.2 years (Texas: 35.6).
How long is the commute in Silverton?
The average commute to work in Silverton is 28 minutes; 5.1% of workers work from home.
What is the unemployment rate in Silverton?
The unemployment rate in Silverton is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Silverton?
11.5% 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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