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Demographics
Population
Median Income
Racial Distributions
The zip code 51571 in Silver City, Iowa, is classified as a "Low Diversity" community as of 2022. The white population comprises 96% of the total, surpassing the 75% threshold for this classification. The area has a population of 1,166 and a median income of $86,488.
Throughout the period from 2013 to 2022, Silver City has maintained its status as a "Low Diversity" community. The white population has consistently remained above 96% of the total population, indicating a stable racial composition over the past decade.
Minor demographic shifts have been observed. The Hispanic population increased from 0% in 2013 to 2% in 2022. A small Black population (1%) appeared in 2020 and 2021 but was not present in 2022 data. In 2022, an Asian population of 1% was recorded for the first time, and a population identifying as two or more races (1%) emerged.
These shifts suggest that Silver City may be at the early stages of becoming a "Transitional Community," although the pace of change is slow.
The median income in Silver City has shown an upward trend, increasing from $72,582 in 2013 to $86,488 in 2022, a rise of approximately 19%. This suggests improving economic conditions for residents.
The population has remained relatively stable, fluctuating between about 1,100 and 1,200 residents. This stability, combined with rising incomes, may indicate a community that is becoming increasingly desirable to its current residents.
Silver City's demographic makeup differs from the United States as a whole. The U.S. has been becoming increasingly diverse, with the non-Hispanic white population dropping below 60% in recent years. Silver City's 96% white population contrasts with this national trend.
The median household income in Silver City ($86,488 in 2022) is higher than the national median, which was around $70,784 in 2021. This suggests that Silver City is a relatively affluent community compared to national averages.
In conclusion, Silver City shows early signs of increasing diversity but remains a predominantly white, economically prosperous small town. The community has experienced steady economic growth over the past decade while maintaining a stable population. Its racial composition has changed minimally, in contrast with broader national trends towards increased diversity.