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Silver City New Mexico Real Estate By Jennifer Hershey

Silver City New Mexico Real Estate

Silver City, New Mexico, is located in Grant County, 92 miles W of Las Cruces, New Mexico and 125 miles NW of El Paso, Texas. Silver City has a population of 10,545.

Silver City Homes

Silver City properties pool is 4,215 residential properties including Silver City new homes. Median age of real estate in Silver City is 1968. Average Household size is 3 people. 6% are one bedroom homes, 24% are 2 bedroom homes, 53% are 3 bedroom homes, 14% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Silver City Mortgage Statistics

Silver City mortgages vs. USA median statistics

Homes Silver City USA
Homes With No Mortgage 52%
30%
Homes With Mortgage 48%
70%
First Mortgage Only 40%
54%
First & Second Mortgage or HELOC 7%
16%

Silver City Area Real Estate Tax

Silver City Real estate Tax: Median Real Estate Taxes (2000) were $329 comparing to 1999 Median Family income $ 31,374. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Silver City School District: Children make up 25% of Silver City population. Silver City has 2,641 under 18 years old residents, or 0.68 kids per one worker, or 0.63 kids per one household.

Silver City Real Estate & Silver City Homeownership

There are 1264.5 or 30% one person households, 1390.95 or 33% two person households, and 716.55 or 17% three person households in Silver City, New Mexico. Median residents age is 36.9, Senior citizens (65+) make up 1,715 or 16.3%% of Silver City population.

There are 3,897 workers (over 16 years of age) in Silver City. Of these, 83.6% drive to work. Approximately 0% of workers in Silver City take public transportation. An estimated 8.11% walk to work.

Median Silver City homeowner's housing expences are 14.4%

Crime in Silver City (2003), crimes per 10,000 residents per year

Type of Crime Silver City USA, 2003
Violent Crimes
45.52
47.5
Robberies
5.69
14.2
Aggravated Assaults
36.04
29.5
Property Crimes
638.22
358.8
Burglaries
159.32
74.0
Larceny-Thefts
452.35
241.5
Motor Vehicle Thefts
26.55
43.3

Invest in Silver City Properties

When making a decision about buying real estate in Silver City New Mexico area, you should consider following statistical data:

Category Silver City USA
Near Medium City
Las Cruces, New Mexico
-
Near Large City
El Paso, Texas
-
Silver City Zip Codes
88022, 88061
-
Silver City Area Codes
505
-
White population
71.72%
75.1%
African-American population
0.86%
12.3%
Asian
0.45%
3.6%
American Indian & Alaskan
1.14%
0.9%
Hispanic (of any race)
52.43%
12.5%
Median Family Income (1999)
$ 31,374%
$42,000
Population Below Poverty Level
21.21%
12.4%

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