Median Income
$36,853
household / year
Median Home Value
$150,100
owner-occupied
Median Rent
$831
gross / month
Cost of Living
92
national avg = 100

Is Silver City, NM a Good Place to Live?

Silver City is a small town of 9,650 in New Mexico, with a median household income of $36,853 and a 9.9% 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, solid school ratings (B), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. 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: 91.7

Silver City's overall cost of living index is 91.7, where 100 represents the US national average. Living in Silver City costs roughly 8% less than the average American city.

Metric Silver City, NM National Avg
Median Home Value $150,100 $244,900
Median Monthly Rent $831 $1,163
Homeownership Rate 52.4% 65.9%
Median Household Income $36,853 $74,755

Crime & Safety

Crime data for Silver City is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Silver City is served primarily by SILVER CITY. The student-to-teacher ratio is 13.4:1 (better than the national average of ~16:1).

Metric Silver City, NM National Avg
School District SILVER CITY —
Elementary Schools 5 —
Middle Schools 1 —
High Schools 2 —
Student/Teacher Ratio 13.4:1 16:1
Bachelor's Degree or Higher 29.6% 35.4%
High School Diploma or Higher 89.0% 91.1%

Weather & Climate

Silver City sees average highs of 55.6°F in January and 88.4°F in July, with 16.5 inches of annual precipitation .

MetricSilver City, NM
Average High — January55.6°F
Average High — July88.4°F
Annual Precipitation16.5"
Annual SnowfallTrace / None

Demographics

MetricSilver City, NMNational Avg
Population9,650—
Median Age36.738.9
Unemployment Rate9.9%3.7%
Avg Commute Time16.0 min26 min
White (non-Hispanic)71.5%59.3%
Black or African American1.2%13.6%
Hispanic or Latino23.1%18.9%
Asian2.0%6.3%
Under 1825.2%22.2%
65 and over22.0%16.8%

Nearby Cities

ZIP Codes in Silver City

Silver City, NM is covered by 1 ZIP code:

Silver City vs Other Cities

Frequently Asked Questions

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 $150,100 and median rent is $831/month.
Crime data for Silver City is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Silver City are operated by SILVER CITY. The district has 5 elementary, 1 middle, and 2 high schools. The student-to-teacher ratio is 13.4:1. 29.6% of adults 25+ hold a bachelor's degree or higher.
Silver City, NM has a population of 9,650, a median household income of $36,853, and an unemployment rate of 9.9%. 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 55.6°F in January and 88.4°F in July. Annual rainfall is 16.5 inches . Based on NOAA 30-year climate normals (1991–2020).
Silver City, NM is covered by 1 ZIP code: 88061.
The population of Silver City, New Mexico is 9,650 with a median age of 36.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Silver City: cost of living index 92 (100 = US average), median home $150,100, median household income $36,853, schools rated B. 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.