Silver City, NV is a great place to settle down due to its affordability. Average rent for a two bedroom apartment is $1,100 as compared to the US average of $1,430. Grocery Cost Index in Silver City is also lower than the national average at 102 versus 100. The city's location offers easy access to many outdoor activities such as hiking the trails of the nearby Mimbres Mountains or visiting nearby Gila National Forest, offering plenty of opportunities for camping, fishing, and wildlife viewing. Silver City has several local businesses such as Copper Quail Brewery and Grill, Steve W Penny Jewelers, and Silver City Animal Clinic that help make this small town community special.
Silver City has an unemployment rate of 5.4%. The US average is 6.0%.
Silver City has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Silver City
- The Sales Tax Rate for Silver City is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Silver City is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Silver City
- The average income of a Silver City resident is $22,184 a year. The US average is $28,555 a year.
- The Median household income of a Silver City resident is $85,341 a year. The US average is $69,021 a year.