Silverwood, MI
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Silverwood, MI: Quick Facts & Overview
- Population: 1,204 residents (73 people per sq. mi.)
- Average House Price: $161,519
- Average Household Income: $54,643
Silverwood, MI is located in the state of Michigan. It is home to about 1,204 people, with around 73 residents living in every square mile.
If you want to buy a house in Silverwood, the average price is around $161,519. That makes local housing 27% lower than the Michigan average of $221,733, and 48% lower than the national average of $308,592.
The average household in Silverwood earns about $54,643 a year. This income is 26% lower than the average family in Michigan ($73,374), and 31% lower than the national average ($78,686).
Population
1,204
Median Household Income
$54,643
Median Home Value
$161,519
Median Age
51.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $35,800 |
| Labor Force Participation | 45.8% |
| Unemployment Rate | 14.1% |
| Average Commute Time | 35.1 mins |
Housing & Community Metrics
| Home Ownership Rate | 90.7% |
| Median Rent | $1,006 |
| Rent Burdened (>30% Income) | 43.7% |
| Total Housing Units | 528 |
Additional Census & Housing Profile
Geographic Overview
| County | Lapeer |
| County FIPS | 26087 |
| Metro Area (CBSA) | Detroit-Warren-Dearborn, MI |
| Combined Area (CSA) | Detroit-Warren-Ann Arbor, MI |
| Population Density | 73.1/sq mi |
| Coordinates (lat/lng) | 43.3234, -83.2480 |
| Timezone | America/Detroit |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.07 |
| Dual Income Families | 43.8% |
Marital Status
| Married | 53.0% |
| Never Married | 23.4% |
| Divorced | 13.4% |
| Widowed | 10.2% |
Gender
| Male | 50.9% |
| Female | 49.1% |
Health & Poverty
| Uninsured Rate (Health) | 4.8% |
| Poverty Rate | 12.4% |
Key Population Groups
| Veterans | 6.2% |
| Disabled Population | 21.3% |
| Limited English Proficiency | - |
All ZIP Codes in Silverwood
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 48760 | 1,204 | $54,643 | $161,519 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Clifford, MI | 3.5 miles | 277 |
| Mayville, MI | 5.3 miles | 1,045 |
| Kingston, MI | 6.9 miles | 398 |
| North Branch, MI | 7.1 miles | 1,166 |
| Fostoria, MI | 8.1 miles | 1,050 |
| Marlette, MI | 8.4 miles | 1,850 |
| Barnes Lake, MI | 10.3 miles | 952 |
| Millers Lake, MI | 10.7 miles | 554 |
| Otter Lake, MI | 13.1 miles | 379 |
| Caro, MI | 13.8 miles | 4,290 |
| Columbiaville, MI | 14 miles | 754 |
| Millington, MI | 14.4 miles | 1,122 |
| Brown City, MI | 15.2 miles | 1,139 |
| Snover, MI | 16.8 miles | 192 |
| Vassar, MI | 16.9 miles | 2,707 |
| Otisville, MI | 17.7 miles | 988 |
| Cass City, MI | 19.5 miles | 2,210 |
| Lapeer, MI | 19.6 miles | 9,082 |
| Fairgrove, MI | 20.3 miles | 547 |
| Attica, MI | 20.7 miles | 627 |
| Akron, MI | 21.5 miles | 336 |
| Melvin, MI | 21.6 miles | 139 |
| Sandusky, MI | 21.9 miles | 2,694 |
| Peck, MI | 22.1 miles | 589 |
| Imlay City, MI | 22.8 miles | 3,721 |
| Gagetown, MI | 23.1 miles | 311 |
| Reese, MI | 23.9 miles | 1,274 |
| Davison, MI | 24.3 miles | 5,076 |
| Frankenmuth, MI | 24.7 miles | 5,157 |
| Unionville, MI | 25.3 miles | 569 |
| Yale, MI | 26.4 miles | 2,129 |
| Metamora, MI | 26.4 miles | 693 |
| Clio, MI | 26.5 miles | 2,185 |
| Mount Morris, MI | 26.8 miles | 3,117 |
| Dryden, MI | 26.8 miles | 1,182 |
| Capac, MI | 27.2 miles | 1,970 |
| Birch Run, MI | 27.8 miles | 1,439 |
| Owendale, MI | 27.9 miles | 193 |
| Beecher, MI | 28 miles | 8,412 |
| Deckerville, MI | 29 miles | 1,042 |
| Burton, MI | 29.2 miles | 29,500 |
| Almont, MI | 29.7 miles | 2,838 |
| Carsonville, MI | 29.7 miles | 463 |
| Sebewaing, MI | 30 miles | 1,850 |
| Flint, MI | 30.5 miles | 295,285 |
| Applegate, MI | 30.8 miles | 255 |
| Ubly, MI | 30.9 miles | 785 |
| Goodrich, MI | 31.2 miles | 2,022 |
| Robin Glen-Indiantown, MI | 31.3 miles | 660 |
| Croswell, MI | 31.9 miles | 2,488 |
| Bridgeport, MI | 32.1 miles | 6,884 |
| Leonard, MI | 32.1 miles | 346 |
| Grand Blanc, MI | 33.2 miles | 7,987 |
| Emmett, MI | 33.3 miles | 207 |
| Buena Vista, MI | 33.4 miles | 5,798 |
| Burt, MI | 33.5 miles | 1,339 |
| Minden City, MI | 33.7 miles | 203 |
| Montrose, MI | 34 miles | 2,027 |
| Ortonville, MI | 34.1 miles | 1,341 |
| Elkton, MI | 34.4 miles | 750 |
| Oxford, MI | 34.7 miles | 3,474 |
| Flushing, MI | 34.8 miles | 8,284 |
| Pigeon, MI | 35 miles | 1,100 |
| Bad Axe, MI | 35.5 miles | 2,992 |
| Zilwaukee, MI | 35.6 miles | 1,609 |
| Saginaw, MI | 35.9 miles | 112,042 |
| Essexville, MI | 35.9 miles | 3,327 |
| Lexington, MI | 35.9 miles | 1,126 |
| Port Sanilac, MI | 36 miles | 812 |
| Bay Port, MI | 36.1 miles | 474 |
| Bay City, MI | 37 miles | 67,120 |
| Lake Orion, MI | 37.4 miles | 2,863 |
| Ruby, MI | 37.8 miles | 714 |
| Romeo, MI | 37.9 miles | 3,578 |
| Armada, MI | 38 miles | 1,994 |
| Memphis, MI | 38.2 miles | 1,064 |
| Swartz Creek, MI | 38.3 miles | 5,853 |
| New Lothrop, MI | 39 miles | 733 |
| Forestville, MI | 39.4 miles | 136 |
| Lake Fenton, MI | 40.4 miles | 6,417 |
| Lakeport, MI | 40.8 miles | 742 |
| Holly, MI | 40.9 miles | 5,964 |
| Village of Clarkston, MI | 41.6 miles | 874 |
| Lennon, MI | 41.7 miles | 465 |
| Shields, MI | 42.1 miles | 7,402 |
| Caseville, MI | 42.7 miles | 634 |
| Fenton, MI | 43.2 miles | 11,906 |
| Richmond, MI | 43.5 miles | 5,855 |
| Lake Angelus, MI | 43.8 miles | 238 |
| Linden, MI | 44 miles | 4,160 |
| Rochester, MI | 44.5 miles | 12,934 |
| Kinde, MI | 44.5 miles | 414 |
| Auburn Hills, MI | 44.9 miles | 25,105 |
| Chesaning, MI | 44.9 miles | 2,484 |
| St. Charles, MI | 45.3 miles | 1,934 |
| Freeland, MI | 45.5 miles | 7,557 |
| Gaines, MI | 45.7 miles | 552 |
| Rochester Hills, MI | 45.8 miles | 77,089 |
| Auburn, MI | 45.8 miles | 2,124 |
| Pontiac, MI | 46.6 miles | 62,104 |