Silver City is a small town of 400 in Iowa, with a median household income of $73,750
and a 4.1% unemployment rate.
Its cost of living index is 92 (US average = 100), which is
8% below the national average.
Strengths:
Silver City stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Silver City is right for you depends on your priorities — the full breakdown is below.
All Silver City city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.5
Silver City's overall cost of living index is 92.5,
where 100 represents the US national average.
Living in Silver City costs roughly 8% less than the average American city.
Metric
Silver City, IA
National Avg
Median Home Value
$127,300
$244,900
Median Monthly Rent
N/A
$1,163
Homeownership Rate
89.1%
65.9%
Median Household Income
$73,750
$74,755
Crime & Safety
Very Safe
Silver City's violent crime rate is 66.2 per 100,000 residents
— 83% lower than the national average of ~380 per 100,000.
Violent Crime
66.2 /100k
Property Crime
794.2 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Silver City, IA
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
8.6%
35.4%
High School Diploma or Higher
93.9%
91.1%
Weather & Climate
Silver City sees average highs of 33.0°F in January
and 86.9°F in July,
with 34.9 inches of annual precipitation
and 19.6 inches of snow per year.
Silver City's cost of living index is 92, where 100 is the national average.
That makes Silver City roughly 8% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $127,300 and median rent is N/A/month.
Silver City's violent crime rate is 66.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 794.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Silver City, IA has a population of 400, a median household income of $73,750, and an unemployment rate of 4.1%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Silver City averages 33.0°F in January and 86.9°F in July. Annual rainfall is 34.9 inches
with about 19.6 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Silver City, IA is covered by 1 ZIP code: 51571.
The population of Silver City, Iowa is 400 with a median age of 38.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Silver City: cost of living index 92 (100 = US average), median home $127,300, median household income $73,750, crime index 26 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Silver City side by side with your current city to see the trade-offs.
