Silver Peak, NV is a small town in Nevada with a population of about 4,000. It is known for its beautiful scenery and low cost of living. The average 2 bedroom rent in Silver Peak is $900 compared to the US average which stands at $1,430. Also, the Grocery Cost Index in Silver Peak is 94 versus 100 in the US, making it an even more affordable place to live. Many local businesses offer goods and services at great prices. There are many stores such as Silver Peak Supermarket, JP’s Hardware Store, JK’s Clothing Store and many more that offer quality products at reasonable prices. With its low rent and cheap groceries, Silver Peak continues to be an attractive place to live for those looking for a low-cost alternative.
Silver Peak has an unemployment rate of 3.0%. The US average is 6.0%.
Silver Peak has seen the job market decrease by -9.2% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Silver Peak
- The Sales Tax Rate for Silver Peak is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Silver Peak 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 Peak
- The average income of a Silver Peak resident is $29,296 a year. The US average is $37,638 a year.
- The Median household income of a Silver Peak resident is $75,250 a year. The US average is $69,021 a year.