Silver Creek, KS Economy


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United States / Kansas / No Metro Area / Cowley County / Silver Creek / Zip Codes
Silver Creek, KS is a small town located in the state of Kansas. It has a population of less than 1,000 people. The cost of living in Silver Creek is quite low compared to the national average. 2 Bedroom rent is $790 per month compared to $1,430 nationally. Additionally, the Grocery Cost Index for this location stands at 92 versus 100 in the US. This makes it cheaper for residents to buy food and other necessities.
Silver Creek’s local companies include Silver Creek Oil & Gas Service, Silver Creek Pharmacy and Silver Creek Auto Repair. These businesses provide essential services within the area and generate employment opportunities for its citizens.
In summary, Silver Creek, KS offers a low-cost lifestyle with its affordable rent prices as well as its lower grocery cost index when compared to the national average. Businesses such as Silver Creek Oil & Gas Service, Silver Creek Pharmacy and Silver Creek Auto Repair also offer employment opportunities for its citizens.

Silver Creek has an unemployment rate of 4.1%. The US average is 6.0%.

Silver Creek has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Silver Creek
- The Sales Tax Rate for Silver Creek is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Silver Creek is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Silver Creek
- The average income of a Silver Creek resident is $23,961 a year. The US average is $37,638 a year.
- The Median household income of a Silver Creek resident is $68,036 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySilver Creek, KansasUnited States
  4.16
  -0.7%-6.2%
  26.2%33.5%
  6.5%6.2%
  5.7%4.6%
  $23,961$37,638
  $68,036$69,021
  $73,646$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  7.2%6.8%
  22.2%10.0%
  5.9%2.5%
  13.4%11.0%
  5.1%4.8%
  0.0%0.8%
  0.0%1.9%
  0.3%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  1.1%4.2%
  6.4%9.3%
  6.2%14.0%
  0.0%2.1%
  15.5%7.0%
  2.1%4.8%
  12.3%4.7%
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