MI area data
Silverwood, MI
Silverwood, MI.
Population: 1,204 (Census ACS)
Home values & appreciation
- Median home value
- $92,571
- 1-year appreciation
- -0.3%
- 3-year appreciation
- -34.7%
- 5-year appreciation
- -55.2%
- All-time peak (2020-11)
- $257,701
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- Median sale price
- $154,500
- Median list price
- $119,000
- Median days on market
- 32.5 days
- Sale-to-list ratio
- 98.7%
- Active listings
- 2
- 1-year forecast
- +1.8%
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,080/mo
- 3BR fair-market rent
- $1,380/mo
Affordability
- Cost of living index (Below Average)
- 92.0 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- strongWind, winterWeather, coldWave, iceStorm, inlandFlooding
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 48.0°F
- Average high
- 59.0°F
- Average low
- 37.0°F
- Annual precipitation
- 36.3 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 34
- Days with Good air quality
- 324
- Days with Unhealthy air quality
- 1
Walkability & transit
- Walkability index
- 1.8 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Marlette Township Airport (8 mi)
- Nearest major airport
- Bishop International Airport (FNT) (35 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 2.0 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- -7 tax filers
Housing stock
- Median year housing built
- 1,964
- Median annual property tax
- $1,705
- Mean commute to work
- 34 min
- Households with broadband internet
- 23.7%
Employment & development
- Total county employment
- 9,284
- Average weekly wage
- $894
- Top industries (by employment)
- Accommodation & Food, Construction, Administrative Services
- Annual residential building permits (county)
- 1
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →