Silver City, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Silver City, Iowa had a total population of 504, the 475th largest city in Iowa, with a median household income of $67,250, which is 10% lower than the state average. The poverty rate is 19.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
Silver City Quick Facts
How Silver City Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 435 | 504 | +15.9% |
| Median household income | $68,214 | $67,250 | -1.4% |
| Median home value | $139,000 | $156,800 | +12.8% |
How Silver City Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Silver City Rankings in Iowa
Explore Iowa Rankings
Other Cities in Mills County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Glenwood | 5,144 | $71,790 | 11.8% | $206,200 |
| Malvern | 1,323 | $84,223 | 6.6% | $174,700 |
| Tabor | 877 | $58,750 | 14.5% | $204,200 |
| Emerson | 570 | $49,063 | 15.1% | $119,500 |
| Hastings | 164 | $84,375 | 9.2% | $90,700 |
| Pacific Junction | 150 | N/A | 14.0% | $149,100 |
| Henderson | 143 | $54,375 | 25.4% | $77,500 |
| Mineola | 110 | N/A | 0.0% | N/A |
Cities Similar to Silver City
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Burt | 511 | $66,750 | $75,000 | 13.5% | 18.8% |
| Moulton | 498 | $66,250 | $81,800 | 26.0% | 15.9% |
| Thornton | 514 | $67,031 | $115,500 | 17.2% | 9.3% |
| Stanton | 522 | $66,667 | $113,400 | 21.1% | 9.4% |
| Collins | 533 | $67,500 | $159,200 | 15.9% | 10.3% |
A note before these figures: with a population of 504, Silver City's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Silver City is a small community located in Iowa, within Mills County. The total population is 504. It ranks as the 475th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Silver City is 30.5 years. This is 21% lower than the state median of 38.6 years. With 30.9% of the population under 18, Silver City has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Silver City is $67,250. This is 10% lower than the state median of $75,059. It is also 17% lower than the national median of $80,734. The poverty rate stands at 19.8%. This is 79% higher than the state poverty rate of 11.1%. The unemployment rate is 4.9%. This is 36% higher than the state rate of 3.6%. The median home value is $156,800. Housing costs are 25% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.3x, Silver City is one of the most affordable housing markets in the area. 82.5% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 71.7%.
Race & Ethnicity
Silver City has a predominantly White (non-Hispanic) population, comprising 92.1% of all residents. Black or African American residents account for 7.1%. The Black or African American population is significantly higher than the state average (7.1% vs 3.8%).
Education
10.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.3%.
Data Sources & Methodology
All demographic data for Silver City, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Silver City, Iowa?
Silver City, Iowa has a population of 504 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Silver City, IA?
The median household income in Silver City is $67,250, which is 17% lower than the national median of $80,734.
What is the poverty rate in Silver City, IA?
The poverty rate in Silver City is 19.8%. This means approximately 100 residents live below the federal poverty line.
What is the racial makeup of Silver City, Iowa?
Silver City's population is 92.1% White, 7.1% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Silver City, IA?
The median home value in Silver City is $156,800. The home-value-to-income ratio is 2.3x.
How educated is Silver City, Iowa?
10.7% of adults (25+) in Silver City hold a bachelor's degree or higher, and 2.1% hold a graduate or professional degree.