"This section provides data and information related to summary for Silver , NM summary

Welcome to the Townfolio for Silver , NM where you will find a full community profile.
What is Townfolio?  Where does the data come from?  How to use this data  Request more info

Demographics

View the Demographics tab for information such as Median Age, Median Household Income and more. Data is populated from census, state and municipal sources, along with third-party projections.

Total Population

10,103

Median Household Income

36,227

Total Visible Minorities

N/A

Median Age

36.8

What is the Median Age of Silver , NM?

Silver , NM has a median age of 36 years old. Overall, the median age in Silver , NM is dwindling at an average of -3.29% per year.

Median Household Income

In Silver , NM, the median household income is $36227 per year. Overall, it is growing at an average of 5.67% per year. In the last census, its median household income declined by $2031.

Us Income Distribution

According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Silver , NM has a gini coefficient of 0.6 out of 1, while the 2015 national gini coefficient is 0.39.

Us Marital Status

Majority of the population are single, making up 16.27 per cent of the population. With a predominantly single population, it can either mean that more households will either have a single occupant or there will more households with multiple residential tenants in it. Furthermore, expect higher discretionary spending in the community as they spend more compared to their married counterparts. Having more people who are not married also mean more people to meet in the community given the higher availability of personal time.

Us Sex By Age

Overall, women outnumber men by 481. people. The 5 to 9 years old age cohort exhibits the largest discrepancy with a difference of 231 people between the sexes. Furthermore, majority of the population is between the ages 30 to 34 years old, comprising 6.85 per cent of the population. Meanwhile, 63.06 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 18.42 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 1871 people are expected to retire in the coming years.

Labor Force

View the Labor Force tab for information such as Us Median Salary By Occupation and more. Data is populated from census, state and municipal sources, along with third-party projections.

Us Median Salary By Occupation

The highest paying occupations in Silver , NM are those in Management, business, science, and arts occupations, where the median salary hovers around $52468.0. The U.S. Bureau of Census divides occupations into five broad categories: (1) Management, business, science, and arts occupations (2) Service occupations (3) Sales and office occupations (4) Natural resources, construction, and maintenance occupations (5) Production, transportation, and material moving occupations The highest paid occupations in management are those of Management occupations where median salary is at $95650.0. In the services industry, those in Other protective service occupations earn the most at $65099.0 per annum as a median salary.The highest paying occupations in sales are that of Office and administrative support occupations, where the annual median salary is $45096.0. Natural resources occupations’ top salaries go to those in Farming, fishing, and forestry occupations where median salaries are around $nan. Meanwhile, occupations related to production have those working in Transportation occupations paid the most with a median salary of $38403.0 per year.

Real Estate

View the Real Estate tab for information such as Median Gross Rent, Heating Sources and more. Data is populated from census, state and municipal sources, along with third-party projections.

Housing Occupied

87.35%

Housing Vacant

12.65%

No. of Families

2,426

No. of Non-Families

1,587

Median Gross Rent

Silver , NM has an average rent of $593 per month. Overall, the average rent in Silver , NM is growing at an average of 0.58% per year. In the last census, its average rent declined by $54.

Heating Sources

Most people in Silver , NM uses utility gas to heat up their homes. With 2828 households using it, it is the leading heating source in Silver , NM. Moreover, 14.85% of households say they use electricity making it the second most popular choice. The third widely used heating source is bottled, tank, or LP gas, with 251 households saying they use it as their primary heating source.

Transportation

View the Transportation tab for information such as Car Ownership, Us Time Leaving For Work and more. Data is populated from census, state and municipal sources, along with third-party projections.

Most Used
Transportation

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Silver , NM have three vehicles for transportation. 1364 people responding in Silver , NM feel that having three vehicles is sufficient. Moreover, 26.16% of households say they use two vehicles. Moreover, 920 households have four vehicles

Us Time Leaving For Work

Majority of commuters in Silver , NM leave their homes from 7:30am to 8:00am, saying that it's enough time to get to work. The second most popular time to head to work, with 15.55% of respondents, is from 4:00pm to 12:00am. However, 367 of commuters still prefer to leave from 8:00am to 9:00am.

Us Transportation Mode

Majority of commuters in Silver , NM are driving alone in a private car, truck, or van to go to work. Moreover, 5.87% of respondents say that they prefer walking. The third most popular means of transportation is carpooling in a private car, truck, or van with 190 commuters have preferring it. Meanwhile, there are 254 people who do not need to commute to get to work, as they work from home.

Education

View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.

Dominant Level
of Education

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

N/A

Least Popular
Field of Study

N/A

Us Field Of Study

Most are in Education with 459 people practicing it in Silver , NM. Business is another popular field of expertise, as 11.77% of inhabitants are involved in it. The third group are those who are in Biological, Agricultural, & Environmental Sciences, with 248 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Silver , NM has 1077 people or 48.38% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.