Silt Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Silt, Colorado? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Silt, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Silt is $72,450.00.

The chart below shows the average household income by age in Silt.

  • Under 25
    $0.00
  • 25 to 44
    $84,722.00
  • 45 to 64
    $93,882.00
  • 65 and over
    $0.00

Average Household Income

A very commonly asked question is "what is the average household income in Silt, Colorado?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Silt is $92,406.00.

3.90% of households in Silt, Colorado are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Silt but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Silt

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Silt, Colorado easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    11.43%
  • $25,000 to $49,999
    15.84%
  • $50,000 to $74,999
    23.03%
  • $75,000 to $99,999
    9.00%
  • $100,000 to $149,999
    24.50%
  • $150,000 to $199,999
    12.29%
  • $200,000 or more
    3.90%

Per Capita Income

The per capita income is the average income of all people in Silt, Colorado. This is calculated by dividing the total income of all people in Silt by the total number of people in Silt.

It differs from the average or mean household income because it includes all people in Silt and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Silt, Colorado is $31,181.00.

Population in Silt by Race and Ethnicity

The total population in Silt is currently 3,529 people.

The race and ethnicity of the population in Silt can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Silt, Colorado.

  • 11.50% White
    405
  • 60.20% Black/African American
    2,124
  • 59.00% Native
    2,081
  • 26.10% Hispanic
    922
  • 0.60% Asian
    20
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 0.20% Other
    6

Population of Silt by Age and Gender

Another very important demographics statistic for Silt, Colorado is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 235 333
10 to 19 Years 356 289
20 to 29 Years 176 279
30 to 39 Years 300 263
40 to 49 Years 324 278
50 to 59 Years 129 183
60 to 69 Years 145 139
70 Years and over 57 43

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Silt, Colorado.

  • Master's degree or higher
    2.90%
  • Bachelor's degree
    36.52%
  • Some college or associate's degree
    10.63%
  • High school diploma or equivalent
    43.93%
  • Less than high school diploma
    6.02%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Silt because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Silt look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Silt, Colorado that are over the age of 16.

The current population in Silt that are over the age of 16 is 2,534 people.

The unemployment rate in Silt is 1.70%, which means 33 people are unemployed.

Median Age in Silt

The median age is an interesting metric because it gives us an idea of the age distribution of people in Silt, Colorado. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Silt is 31 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Silt

31

Total

35.1

Male

30

Female

Households and Families

There are a total of 1,155 households in Silt, and the average household size is 3.06 people.

For families, the total number is 912, and the average family size is 3.39 people.

7.20% of those families in Silt, Colorado are living below the poverty line.

The table below shows the poverty thresholds for Silt in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Silt, Colorado for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 721 38 153 243
Average Household Size 3.67 2.34 2.82 1.48
Total Families 721 38 153 0
Average Household Size 3.67 2.34 2.34 0

Housing Data in Silt

There are total of 1,155 housing units in Silt, Colorado. Of those units, 1,155 (100.00%) are occupied, and 0 (0.00%) are vacant.

Rental Rates

Of the 1,155 housing units in Silt, 312 (27.01%) are occupied by renters. The median rent paid by renters is $1,698.00.

Owner occupied housing units make up the remaining 72.99% of housing units, with 843 housing units in total.

The table below breaks down how much rent is paid by renters in Silt, Colorado.

  • No rent paid
    0
  • Less than $500
    9
  • $500 to $999
    68
  • $1,000 to $1,499
    45
  • $1,500 to $1,999
    86
  • $2,000 to $2,499
    104
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in Silt is $371,900.00.

The table below breaks down the range of valuations for all properties in Silt.

  • Less than $50,000
    19
  • $50,000 to $99,999
    0
  • $100,000 to $149,999
    10
  • $150,000 to $199,999
    13
  • $200,000 to $299,999
    91
  • $300,000 to $499,999
    526
  • $500,000 to $999,999
    174
  • $1,000,000 or more
    10

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Silt, Colorado.

  • 1939 or earlier
    66
  • 1940 to 1949
    3
  • 1950 to 1959
    36
  • 1960 to 1969
    27
  • 1970 to 1979
    80
  • 1980 to 1989
    124
  • 1990 to 1999
    288
  • 2000 to 2009
    362
  • 2010 to 2013
    156
  • 2014 or later
    13

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Silt has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    26
  • 1 vehicle available
    248
  • 2 vehicles available
    414
  • 3 or more vehicles available
    467

Commuting to Work in Silt

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Silt, Colorado, how they commute, and how that correlates to other data points.

The average travel time is 35.2 minutes, and the chart below covers the range of travel times across the population of Silt.

  • Less than 5 minutes
    4
  • 5 to 9 minutes
    42
  • 10 to 14 minutes
    82
  • 15 to 19 minutes
    444
  • 20 to 24 minutes
    235
  • 25 to 29 minutes
    72
  • 30 to 34 minutes
    349
  • 35 to 39 minutes
    22
  • 40 to 44 minutes
    56
  • 45 to 59 minutes
    63
  • 60 to 89 minutes
    281
  • 90 or more minutes
    124

We can also look at the means of transport in Silt to see which modes of transport people are using to commute to work.

  • Drove alone
    1,300
  • Carpooled
    370
  • Public transportation
    47
  • Walked
    41
  • Other means
    16
  • Worked from home
    134

Conclusion

Hopefully this article has given you the demographics data you were looking for in Silt, Colorado.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Silt.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Silt Average Income, Population and Demographics". NameCensus.com. Accessed on May 24, 2024. https://namecensus.com/demographics/colorado/garfield-county/silt/.

  • "Silt Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/colorado/garfield-county/silt/. Accessed 24 May, 2024

  • Silt Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/colorado/garfield-county/silt/.