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Silver City town, New Mexico Demographics & Population 2026

As of 2026, Silver City town, New Mexico has a total population of 9,574, the 24th largest city in New Mexico, with a median household income of $39,025, which is 37% lower than the state average. The poverty rate is 21.6%.

Key Takeaways

Silver City town Quick Facts

Population 9,574
Median Household Income $39,025
Median Home Value $160,900
Poverty Rate 21.6%
Unemployment Rate 12.5%
Median Age 40.2 years
Homeownership Rate 57.0%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 32.4%
High School Graduation Rate 90.3%
Diversity Index 56/100
Population 9,574 24th of 492
Median Income $39,025 bottom 30%
Poverty Rate 21.6% 74% higher national
Median Home Value $160,900 average

How Silver City town Compares

Economy & Housing

Employment

12.5% Unemployment Rate State: 6.0% | National: 5.2%
52.0% Labor Force Participation

Housing Overview

Owner 57.0%
Renter 43.0%
Affordability Index Moderate
4.1x home value to income ratio

People & Demographics

Diversity Index

56out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 61 | National average: 60

Education

Silver City town Rankings in New Mexico

#24 Population of 492
#271 Median Income of 492
#123 Education of 492
#199 Home Value of 492

Cities Similar to Silver City town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Grants city9,106$49,286$123,60023.9%30.6%
Shiprock CDP8,339$41,563$101,50012.0%29.0%
Anthony city8,701$33,141$110,8008.1%36.0%
Española city10,472$47,664$205,10018.4%18.6%
Socorro city8,540$51,343$162,40028.0%24.9%

Population Overview

Silver City town is a small city located in New Mexico. The total population is 9,574. It ranks as the 24th most populous out of 492 cities and towns in New Mexico.

Age Demographics

The median age in Silver City town is 40.2 years. This is 3% higher than the state median of 39.2 years. 10.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Silver City town is $39,025. This is 37% lower than the state median of $62,125. Compared to the national median of $78,538, household income here is 50% lower. The poverty rate stands at 21.6%. This is 19% higher than the state poverty rate of 18.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 12.5%. This is 109% higher than the state rate of 6.0%. The median home value is $160,900. Housing costs are 31% lower than the state median of $232,200. The home-value-to-income ratio is 4.1x. 57.0% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 69.3%.

Race & Ethnicity

The largest racial or ethnic group in Silver City town is White (non-Hispanic), making up 46.6% of the population. Hispanic or Latino residents account for 46.5%. The Black or African American population (0.7%) is well below the state average of 1.8%.

Education

32.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 7% higher than the state rate of 30.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.3%. Notably, 15.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Silver City town, New Mexico is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Mexico state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 492 Census-designated places in New Mexico. For official data, visit data.census.gov.

Free data download: Get all New Mexico city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Silver City town, New Mexico?

Silver City town, New Mexico has a population of 9,574 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Silver City town, NM?

The median household income in Silver City town is $39,025, which is 50% lower the national median of $78,538.

What is the poverty rate in Silver City town, NM?

The poverty rate in Silver City town is 21.6%. This means approximately 1,986 residents live below the federal poverty line.

What is the racial makeup of Silver City town, New Mexico?

Silver City town's population is 46.6% White, 0.7% Black, 46.5% Hispanic/Latino, and 2.4% Asian.

What is the median home value in Silver City town, NM?

The median home value in Silver City town is $160,900. The home-value-to-income ratio is 4.1x.

How educated is Silver City town, New Mexico?

32.4% of adults (25+) in Silver City town hold a bachelor's degree or higher, and 15.7% hold a graduate or professional degree.