Silverhill is a very small town located in the state of Alabama. With a population of 2,030 people and just one neighborhood, Silverhill is the 319th largest community in Alabama. Silverhill has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Silverhill, where the median household income is $57,500.00.
Silverhill real estate is some of the most expensive in Alabama, although Silverhill house values don't compare to the most expensive real estate in the U.S.
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Silverhill is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Silverhill is a town of professionals, sales and office workers, and service providers. There are especially a lot of people living in Silverhill who work in sales jobs (24.64%), teaching (17.39%), and management occupations (7.45%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.91% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
As is often the case in a small town, Silverhill doesn't have a public transportation system that people use for their commute.
The overall education level of Silverhill citizens is substantially higher than the typical US community, as 31.05% of adults in Silverhill have at least a bachelor's degree, and the average American community has 21.84%.
The per capita income in Silverhill in 2022 was $39,522, which is wealthy relative to Alabama, and upper middle income relative to the rest of the US. This equates to an annual income of $158,088 for a family of four. However, Silverhill contains both very wealthy and poor people as well.
Silverhill is a somewhat ethnically-diverse town. The people who call Silverhill home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Silverhill residents report their race to be White, followed by Black or African-American. Silverhill also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.82% of the town’s residents. Important ancestries of people in Silverhill include German, Irish, English, Scottish, and Scots-Irish.
The most common language spoken in Silverhill is English. Other important languages spoken here include Spanish and Polish.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 40.4% of the households here have four, five, or more cars. That is more cars per household than in 98.2% of the neighborhoods in the nation.
For many reasons, is rated by NeighborhoodScout as one of the top 4.9% of ideal neighborhoods for first-time home buyers in the state of Alabama. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other AL neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for highly educated executives.
Did you know that the neighborhood has more British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have British ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Silverhill are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.7% of the neighborhoods in America. In addition, 8.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 53.7% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 42.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 31.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.1%), and 7.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 98.8% of households.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Silverhill, AL, residents most commonly identify their ethnicity or ancestry as Irish (8.7%). There are also a number of people of German ancestry (8.2%), and residents who report English roots (6.5%), and some of the residents are also of Mexican ancestry (3.6%), along with some Scottish ancestry residents (2.2%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (46.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (82.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.