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Silverton

Learn about the people, housing, costs and businesses in Silverton, Idaho

Median Home$248,400
Median Rent$881/month
Population637
Leading IndustriesArts, Food & Hospitality · Professional Services · Healthcare12% arts, food & hospitality
Home Value Growth+3.9% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners77% of occupied units
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
Silverton
ID

Frequently Asked Questions

What are today's mortgage rates in Silverton?

As of today, the 30-year fixed mortgage rate for Silverton is approximately 6.874% (6.909% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Silverton?

The median home value in Silverton is $248k. The median monthly rent is $881. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Silverton?

Home values in Silverton have increased 3.9% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Silverton?

Based on a typical all-in ownership cost of $802/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Silverton is $54k/year.

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What industries drive the economy in Silverton?

The largest employment sectors in Silverton are public administration (22%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.