Silver Cliff, CO Profile: Facts & Data

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Silver Cliff, Colorado - Basic Facts

The Town of Silver Cliff had a population of 710 as of July 1, 2024. Silver Cliff ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Silver Cliff is located at latitude 38.1353 and longitude -105.4464 in Custer County. The formal boundaries for the Town of Silver Cliff encompass a land area of 15.46 sq. miles and a water area of 0 sq. miles. Custer County is in the Mountain time zone (GMT -7).

The Town of Silver Cliff has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Silver Cliff is located within Westcliffe Division of Custer County.


Jump to... (On This Page!)
  1. Silver Cliff 2024 Demographic Data
  2. Growth Rates for Silver Cliff (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Colorado Research Tools (Easy Tools & Current Data)
  3. Colorado Data Comparison Tool - 2024 Demographics
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Silver Cliff, CO Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 710 (100%)
Population in Households 710 (100.0%)
Population in Families 549 (77.3%)
Population in Group Quarters1 0
Population Density 46
Diversity Index2 21
 
 

INCOME

Median Household Income $41,862
Average Household Income $53,049
% of Income for Mortgage4 40%
Per Capita Income $25,852
Wealth Index5 36
Socioeconomic Status Index6 Moderate (56.4)
 

HOUSING

Total HU (Housing Units) 462 (100%)
Owner Occupied HU 250 (54.1%)
Renter Occupied HU 96 (20.8%)
Vacant Housing Units 116 (25.1%)
Median Home Value $268,182
Average Home Value $326,600
Housing Affordability Index3 67
 

HOUSEHOLDS

Total Households 346
Average Household Size 2.05
Family Households 186
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 3.68% 2.72%
Households 3.17% 2.26%
Families   2.26%
Median Household Income   3.91%
Per Capita Income   2.40%
Owner Occupied HU   3.23%

Silver Cliff, CO - Peer Comparisons by Rank and Percentile

The table below compares Silver Cliff to the other 482 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 257 47th
Population Density # 448 7th
Median Household Income # 449 7th
Housing Affordability Index # 242 50th
Per Capita Income # 455 6th
Diversity Index # 467 3rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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