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MapMap ViewSilverwood, MI 48760 has a population of approximately 1,465 and experiences a population change rate of 29.30%. The population density is 53.5 / sq mi .
The median household income for Silverwood, MI 48760 is $53,167, with 542 households and an average household size of 2.4.
The median value of a home in Silverwood, MI 48760 is $113,000 with an appreciation rate of 14.80%. 72.28% of housing in the state is owned while 6.39% is rented.
The cost of living in Silverwood, MI 48760 is 100.2 %.
The unemployment rate in Silverwood, MI 48760 is 2.40%, and recent job growth is at 0.79%. Future job growth is projected at 43.72%.
The sales tax rate in Silverwood, MI 48760 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Silverwood, MI 48760 are $11,106, and the school ratio is 18.6:1.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 32 inches per year, with 36.3 inches of snow per year.