Silverwood, Michigan.
Typical home $88,057 (+3.1% in a year). Detroit-Warren-Dearborn, MI metro.
to buy the typical home at today's mortgage rate — $311 (-40%) since Jan 2020.
- 1 year
- Up $2,671 +3%
- $85,385$88,057 since Sep 2025
- 5 years
- Down $101,564 -54%
- $189,621$88,057 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Silverwood$462
- Michigan$1,384
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Silverwood, MI rose 3.1% over the past year — faster than the nation's +1.2%.
Living in Silverwood, Lapeer County, Michigan
The Census does not count Silverwood on its own, so the figures here are Lapeer County's. Half the county's households earn more than $77,306 a year and half less; 10% of the county's people live below the poverty line. 86% of the county's homes are lived in by their owners and 14% are rented. Unemployment in Lapeer County was 5.1% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most people in Lapeer County work in manufacturing, then schools and health care.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Silverwood is a town in Lapeer County, in the Thumb region of Michigan. Across Lapeer County, most homes are lived in by their owners, and many residents are middle-aged or older. Household incomes sit below the county's, and the town is a place where neighbors tend to know one another.
Work. Many residents work in manufacturing, in schools, hospitals and social care, in shops, or in the building trades. Unemployment in the county has risen over the past year, and jobs have grown only slightly. Few people work from home, and a smaller share of adults hold a degree than across the country.
Things to do. The Flint River and Murphy Lake are both a longer drive away, one a river and the other a lake. The Flint Institute of Arts, an art museum, is also a longer drive away and is one of the best known cultural sites in the area. Winters are cold and snowy, while summers are warm, so many people plan outings for the warmer months.
Report a mistake
- 34,836households
- 44.7median age
- 20%of adults have a degree
- 10%below the poverty line
- 34 mintypical commute
- 9%work from home
What people in Lapeer County work in
Employed residents by industry, from the Census survey. Lapeer County had 22,229 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 29° and lows near 15°; warmest in July, with highs near 82° and lows near 60°. About 42 inches of snow and 34 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Caro Wwtp weather station, 13 miles away (NOAA).
Largest workplaces in Lapeer County
- Conagra BrandsFruit and vegetable canning619
- Lapeer Community SchoolsSchool district604FTE
- Mclaren Lapeer RegionGeneral hospital537FTE
- Relyans MaxBolt, nut, screw, rivet, and washer manufacturing450
- WalmartWarehouse clubs and supercenters352
- Lapeer County Medical Care FacilityNursing homes338
- State of MichiganCorrectional institutions328
- Vintech IndustriesAwnings, rigid plastics or fiberglass, manufacturing315
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 66 workplaces with 20 or more staff, 7,304 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- TornadoesRelatively moderate
- Cold wavesRelatively moderate
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Lapeer County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lapeer County and the Detroit-Warren-Dearborn, MI metro.
Silverwood home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Silverwood$88,057
- Michigan$263,760
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
Not enough data to draw this yet.
Zip codes with a Silverwood address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Silverwood — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.