Silver Creek, NY is an affordable and attractive destination for anyone looking to relocate. With two bedroom rent much lower than the US average at $840, it is a great alternative to more expensive cities. Additionally, the Grocery Cost Index in Silver Creek is only 97 compared to the US 100 making it an economical choice as well. Local companies include Fromage Bistro, a French-style café and bakery, The Barrel Room Brewing Company, which offers craft beer, and The Silver Creek Market Place, which has groceries and other essential items. For those looking to save money and enjoy a small town atmosphere, Silver Creek provides a great home.
Silver Creek has an unemployment rate of 7.4%. The US average is 6.0%.
Silver Creek has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Silver Creek
- The Sales Tax Rate for Silver Creek is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Silver Creek is 6.5%. 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 $22,163 a year. The US average is $28,555 a year.
- The Median household income of a Silver Creek resident is $67,420 a year. The US average is $69,021 a year.