Housing data for Silver City, NM
Silver City, NM has an estimated 9,536 residents and 4,980 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Grant County.
39.5% of households rent.
The median gross rent is $866 a month.
Its population shrank measurably since 2015–2019 (−0.9%).
Figures last updated on .
- Residents
- 9,536 (±32)
- Housing units
- 4,980 (±304)
- Households that rent
- 39.5%
- Median gross rent
- $866
- Residents since 2015–2019
- −0.9%
What stands out in Silver City
Households that rent: 39.5% (±6.2 points) in Silver City, higher than in Grant County (24.2%).
Homes in buildings of 5 or more units: 13.9% (±5.3 points) in Silver City, higher than in Grant County (6.2%).
Homes built before 1980: 67.0% (±9.1 points) in Silver City, higher than in Grant County (53.8%).
Housing in Silver City at a glance
- Median rent: $866 median gross rent a month
- Rent by bedrooms: $870 median gross rent, 2 bedrooms
- Rent burden: 43.7% of renters pay 30% or more of income
- Renters and owners: 39.5% of households rent
- Income and affordability: $38,711 median household income
- Home values: $182,100 median home value
- Homeowner costs: $1,112 median monthly cost with a mortgage
- Property taxes: $852 median real estate taxes a year
- Types of homes: 13.9% of homes are in buildings of 5 or more units
- Bedrooms: 57.6% of homes have 3 or more bedrooms
- Age of homes: 67.0% of homes were built before 1980
- Vacancy rate: 3.2% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 69.4% heat with utility gas
- Commute and cars: 14.7 minutes average trip to work
- Growth: −0.9% residents since 2015–2019
- How long people stay: 24.4% moved in since 2020
- Crowding and facilities: 1.2% of homes have more than 1 person per room
Silver City against Grant County, its state and the nation
| Silver City | Grant County | New Mexico | United States | |
|---|---|---|---|---|
| Residents | 9,536 (±32) | 27,775 (exact) | 2,120,246 (exact) | 334,922,499 |
| Housing units | 4,980 (±304) | 14,755 (±23) | 956,964 (±262) | 143,775,355 |
| Households that rent | 39.5% (±6.2 points) | 24.2% (±2.9 points) | 30.0% (±0.4 points) | 34.8% |
| Median gross rent | $866 (±$24) | $825 (±$28) | $1,067 (±$11) | $1,413 |
| Median household income | $38,711 (±$7,855) | $44,958 (±$4,212) | $64,059 (±$808) | $80,734 |
| Median home value | $182,100 (±$30,062) | $175,600 (±$11,370) | $248,100 (±$1,957) | $332,700 |
| Median real estate taxes (a year) | $852 (±$104) | $808 (±$67) | $1,731 (±$19) | $3,119 |
| Built before 1980 | 67.0% (±9.1 points) | 53.8% (±4.6 points) | 42.7% (±0.5 points) | 49.7% |
| Average commute | 14.7 minutes (±3.4) | 17.9 minutes (±1.6) | 23.5 minutes (±0.3) | 26.4 minutes |
| Households with broadband | 88.0% (±4.5 points) | 86.8% (±2.3 points) | 86.5% (±0.3 points) | 91.0% |
| Median age of residents | 40.8 years (±4.1) | 49.5 years (±0.5) | 39.4 years (±0.1) | 38.9 years |
Silver City covers 10.1 square miles of land, about 942 residents per square mile (Census Bureau Gazetteer).
How Silver City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 9,627 (±23) | 9,536 (±32) | −0.9% | Measurable decrease |
| Housing units | 5,081 (±352) | 4,980 (±304) | −2.0% | Not a measurable change |
| Median gross rent | $666 (±$47) | $866 (±$24) | +30.0% | No measurable change after inflation |
| Median home value | $134,400 (±$15,118) | $182,100 (±$30,062) | +35.5% | No measurable change after inflation |
| Median household income | $31,620 (±$5,181) | $38,711 (±$7,855) | +22.4% | No measurable change after inflation |
| Median owner cost with a mortgage | $982 (±$201) | $1,112 (±$79) | +13.2% | No measurable change after inflation |
| Median real estate taxes | $576 (±$50) | $852 (±$104) | +47.9% | Up after inflation |
| Households that rent | 46.5% (±5.6 points) | 39.5% (±6.2 points) | −7.0 percentage points | Not a measurable change |
| Rental vacancy rate | 5.8% (±5.0 points) | 3.2% (±3.9 points) | −2.6 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Silver City
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Little Walnut Village | 3.4 mi | — | $292,700 | 1.8% |
| Arenas Valley | 3.9 mi | — | $189,900 | 24.5% |
| Santa Clara | 7.0 mi | $543 | $141,500 | 19.9% |
| Bayard | 8.0 mi | $716 | $117,700 | 40.2% |
| Hurley | 9.8 mi | $545 | $89,700 | 15.1% |
| Lordsburg | 39 mi | $826 | $86,200 | 33.3% |
| Virden | 43 mi | — | $207,600 | 4.6% |
| Keeler Farm | 44 mi | — | $143,800 | 37.1% |
Places in New Mexico most like Silver City
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Las Vegas | $792 | $155,300 | $45,125 | 43.0% |
| Bayard | $716 | $117,700 | $34,477 | 40.2% |
| Socorro | $711 | $152,900 | $39,375 | 42.7% |
| Grants | $783 | $136,500 | $47,183 | 40.4% |
| Truth or Consequences | $714 | $124,600 | $33,788 | 41.8% |
| Roswell | $876 | $152,600 | $51,583 | 31.4% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Mexico.
HUD Fair Market Rent for Silver City, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $820 | $825 | $1,070 | $1,286 | $1,678 |
HUD income limits for Silver City, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $15,960 | $26,050 | $41,700 |
| 2 people | $21,640 | $29,800 | $47,600 |
| 3 people | $27,320 | $33,500 | $53,550 |
| 4 people | $33,000 | $37,200 | $59,500 |
| 5 people | $38,680 | $40,200 | $64,300 |
| 6 people | $43,200 | $43,200 | $69,050 |
| 7 people | $46,150 | $46,150 | $73,800 |
| 8 people | $49,150 | $49,150 | $78,550 |
These are the limits HUD sets for its housing programs in the Grant County, NM, where HUD’s median family income for fiscal year 2026 is $68,400.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Silver City
What is the average rent in Silver City, NM?
The Census Bureau publishes the median rather than the average: the median gross rent in Silver City is $866 (±$24) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Silver City?
The median gross rent for a one-bedroom home in Silver City, NM is $726 (±$75) a month (2020–2024 American Community Survey).
Are renters in Silver City rent-burdened?
43.7% of renting households in Silver City pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Silver City?
Silver City has an estimated 1,532 (±284) renting households, 39.5% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Silver City?
The median household income in Silver City is $38,711 (±$7,855) a year (2020–2024 American Community Survey).
What is the average home value in Silver City, NM?
The Census Bureau publishes the median: $182,100 (±$30,062) for owner-occupied homes in Silver City (2020–2024 American Community Survey).
Is Silver City growing?
In Silver City, the number of residents went from 9,627 in 2015–2019 to 9,536 in 2020–2024 (−0.9%), a measurable decrease.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Silver City town, New Mexico
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver City town, New Mexico
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Silver City town, New Mexico
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Silver City town, New Mexico
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Silver City town, New Mexico
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Silver City town, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Silver City town, New Mexico
- HUD Fair Market Rents, fiscal year 2027: Grant County, NM
- HUD Income Limits, fiscal year 2026: Grant County, NM
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Silver City town, New Mexico (place:73260, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .