What percentage of people rent in Silver City, NM?
39.5% (±6.2 points) of the occupied homes in Silver City, NM are rented (2020–2024 American Community Survey).
That is 1,532 renting households against 2,346 that own their home.
In Silver City, the share of households that rent went from 46.5% in 2015–2019 to 39.5% in 2020–2024 (−7.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 39.5% (±6.2 points)
- Renting households
- 1,532 (±284)
- Median renter income
- $35,347 (±$5,482)
Who rents and who owns in Silver City
| Silver City | Grant County | New Mexico | United States | |
|---|---|---|---|---|
| Renter-occupied share | 39.5% (±6.2 points) | 24.2% (±2.9 points) | 30.0% (±0.4 points) | 34.8% |
| Renting households | 1,532 (±284) | 2,734 (±363) | 251,477 (±3,297) | 45,017,354 |
| Owning households | 2,346 (±281) | 8,561 (±405) | 585,937 (±3,814) | 84,210,142 |
| Average renter household size | 2.0 (±0.3) | 2.3 (±0.3) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.3) | 2.4 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $35,347 (±$5,482) | $30,710 (±$3,894) | $40,497 (±$955) | $52,966 |
| Median owner household income | $50,036 (±$5,416) | $51,708 (±$5,606) | $77,401 (±$970) | $100,009 |
In Silver City, the renter share is higher than in Grant County (24.2%).
It is also higher than in New Mexico (30.0%).
It is not measurably different from the national figure (34.8%).
In Grant County, Silver City ranks 2 of 6 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 27 of 205.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Silver City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 46.5% (±5.6 points) | 39.5% (±6.2 points) | −7.0 percentage points | Not a measurable change |
| Median gross rent | $666 (±$47) | $866 (±$24) | +30.0% | No measurable change after inflation |
| Median household income | $31,620 (±$5,181) | $38,711 (±$7,855) | +22.4% | No measurable change after inflation |
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.
Households that rent in places near Silver City
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Silver City | — | 39.5% (±6.2 points) | — |
| Little Walnut Village | 3.4 mi | 1.8% (±3.4 points) | Lower |
| Arenas Valley | 3.9 mi | 24.5% (±16.4 points) | Not measurably different |
| Santa Clara | 7.0 mi | 19.9% (±9.1 points) | Lower |
| Bayard | 8.0 mi | 40.2% (±13.2 points) | Not measurably different |
| Hurley | 9.8 mi | 15.1% (±8.7 points) | Lower |
| Lordsburg | 39 mi | 33.3% (±7.9 points) | Not measurably different |
| Virden | 43 mi | 4.6% (±10.4 points) | Lower |
| Keeler Farm | 44 mi | 37.1% (±21.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Little Walnut Village, NM (1.8%), Santa Clara, NM (19.9%), Hurley, NM (15.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Grant County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Bayard | 40.2% (±13.2 points) |
| 2 | Silver City | 39.5% (±6.2 points) |
| 3 | Arenas Valley | 24.5% (±16.4 points) |
| 4 | Santa Clara | 19.9% (±9.1 points) |
| 5 | Hurley | 15.1% (±8.7 points) |
| 6 | Little Walnut Village | 1.8% (±3.4 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Silver City
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Questions about Silver City
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).
Is renting growing in Silver City?
In Silver City, the share of households that rent went from 46.5% in 2015–2019 to 39.5% in 2020–2024 (−7.0 percentage points), not a measurable change.
How big are renting households in Silver City?
A renting household in Silver City has 2.0 people on average, against 2.6 in an owned home.
How much do renters earn in Silver City?
The median renting household in Silver City, NM has an income of $35,347 (±$5,482) a year, against $50,036 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver City town, New Mexico
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Silver City town, New Mexico
- Selected Housing Characteristics (DP04), 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
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Silver City town, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Silver City at a glance
- Median rent in Silver City
- Rent by bedrooms in Silver City
- Rent burden in Silver City
- Income and affordability in Silver City
- Home values in Silver City
- Homeowner costs in Silver City
- Property taxes in Silver City
- Types of homes in Silver City
- Bedrooms in Silver City
- Age of homes in Silver City
- Heating fuel in Silver City
- Commute and cars in Silver City
- Population growth in Silver City
- How long people stay in Silver City
- Crowding and facilities in Silver City
- New Mexico landlord and tenant rules
- Housing across Grant County
- New Mexico places ranked by share of renters
- Housing data for every place in New Mexico