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Silver City, NM 88061 has a population of approximately 17,858 and experiences a population change rate of -12.32%. The population density is 12.5 / sq mi .
The median household income for Silver City, NM 88061 is $40,229, with 7,176 households and an average household size of 2.39.
The median value of a home in Silver City, NM 88061 is $227,800 with an appreciation rate of 18.30%. 53.26% of housing in the state is owned while 27.07% is rented.
The cost of living in Silver City, NM 88061 is 87.3 %.
The unemployment rate in Silver City, NM 88061 is 2.80%, and recent job growth is at 3.33%. Future job growth is projected at 39.28%.
The sales tax rate in Silver City, NM 88061 is 8.24%, while the income tax rate is 4.90% .
School expenditures in Silver City, NM 88061 are $16,327, and the school ratio is 13.8:1.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 25.9 degrees. The average rainfall is approximately 17.3 inches per year, with 6.7 inches of snow per year.