The typical owner-occupied home in Silverton is worth about $286,800, 31% below the Idaho median of $418,600 and 14% below the national median of $332,700. Owners pay a median $1,301 a year in property taxes, about 0.45% of their home's value, lower than the Idaho rate of 0.49%. The median household earns $90,074 a year, so the median home costs 3.2 times the median income (5.4 times for Idaho). 94% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Silverton at a glance
| Silverton | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $286,800 | $418,600 | $332,700 |
| Median property tax paid per year | $1,301 | $2,038 | $3,119 |
| Property tax as a share of value | 0.45% | 0.49% | 0.94% |
| Median household income | $90,074 | $77,800 | $80,734 |
| Homes lived in by their owners | 94% | 72% | 65% |
| Owner homes with a mortgage | 69% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,868 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 22.7% | 20.7% | 21.0% |
| Median rent | – | $1,238 | $1,413 |
| Median year homes were built | 1959 | 1991 | 1980 |
| Vacant homes | 0.0% | 10.3% | 10.1% |
| Population | 652 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Silverton
At this week's average 30-year rate of 7.11%, buying the median Silverton home of $286,800 with 20% down costs about $1,771 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,248, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $75,879 for the 20%-down payment. That payment is 24% of the median Silverton household income of $90,074; at that income and 20% down, the 28% guideline points to a home of about $340,000.
| Down payment | $57,360 |
|---|---|
| Loan amount | $229,440 |
| Principal and interest | $1,543 |
| Property taxes (0.45% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| PMI | $0 |
| Total per month | $1,771 |
Change the numbers in the calculator
| Down payment | $10,038 |
|---|---|
| Loan amount | $281,605 |
| Principal and interest | $1,894 |
| Property taxes (0.45% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| FHA mortgage insurance | $127 |
| Total per month | $2,248 |
Change the numbers in the calculator
Questions about home buying in Silverton
What is the median home value in Silverton?
About $286,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Silverton?
Homeowners pay a median $1,301 a year, which is about 0.45% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Silverton?
For the median home with 20% down at 7.11%, the payment is about $1,771 a month. Keeping that under 28% of gross income takes about $75,879 a year.
More about Silverton
- Mortgage Refinance in Silverton
- Debt Relief in Silverton
- Home Equity Loans in Silverton
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data