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The total population of Silver City is estimated to be 400 with 212 males (53.00%) and 188 females (47.00%). There are 24 less females than males in Silver City.
The median household income in Silver City was $78,366 in 2021, which marked an an increase of 3,138(4.17%) from $75,228 in 2020. This income is 105.04% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Silver City sees its highest median household income among householders in the age group of 45 to 64 years old, at $115,691. Overall, the median household income for the city of Silver City stands at $78,366.
In Silver City, the median income for all workers aged 15 years and older, regardless of work hours, was $47,830 for males and $30,130 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $66,206 for males and $32,234 for females.
In Silver City, population is primarily represented by White households, reporting a median income of $77,691.
In 2022, the population of Silver City was 245, a 0.41% increase year-by-year from 2021. Previously, in 2021, Silver City's population was 244, an increase of 1.24% compared to a population of 241 in 2020.
The median age in Silver City, IA is 35.2, as per 2021 ACS 5-Year Estimates. Of the total population, 13.22% were under the age of 15, 25.34% aged 15 to 29, 42.70% aged 30 to 64, 16.25% aged 65 to 84, and 2.48% were 85 years of age and older.
Racial distribution of Silver City population: 91.18% are White, 8.54% are Black or African American and 0.28% are multiracial.