Everything You Should Know Before Moving to Silver City, SD
Considering a move to Silver City, SD? This peaceful Black Hills community of about 90 residents offers affordable living, with median home prices near $295,000 and rents around $1,050. Crime rates are low, commutes average 28 minutes, and the climate boasts 62% sunny days with mild summers. Enjoy the small-town feel, high rates of homeownership, and access to quality education and healthcare in nearby Rapid City.
Demographics - Silver City, SD
Demographics - Silver City, SD
Silver City is a small community of just 90 residents, characterized by a predominantly White population and a median age of 57. The area has a slightly higher ratio of males to females and a low percentage of non-English speakers, fostering a quiet and close-knit atmosphere.
Population:
90
Density:
50 per sq mi
Median Age:
57
Gender Ratio:
105 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
95.0%
Black:
0.0%
Asian:
0.0%
Others:
5.0%
Cost Of Living
What is the average cost of living in Silver City, SD?
The cost of living in Silver City is below the national average, with a median home value of $295,000 and typical rents around $1,050. Residents benefit from low state taxes and reasonable utility costs, making it an affordable option for those seeking rural tranquility.
Median House Value:
$295,000
Gross Rent:
$1,050
Monthly Electricity Charges:
$115
Auto Insurance:
$1,050
House Owner Cost With Mortgage:
$1,350
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
89.0
Grocery:
95.0
Housing:
85.0
Utilities:
98.0
Transportation:
94.0
Health Care:
93.0
Miscellaneous:
90.0
Crime
Is Silver City, SD a safe place to live?
Crime rates in Silver City are low, providing a safe environment for residents. The chance of experiencing a violent crime is about 1 in 770, and property crime is also infrequent, contributing to the town's peaceful reputation.
Violent Crimes Per 100k:
130
Property Crimes Per 100k:
1,150
Crime Index:
1,280
Chance Of Violent Crime:
1 in 770
Chance Of Property Crime:
1 in 87
Weather
What is the weather like in Silver City, SD year-round?
Silver City experiences four distinct seasons, with mild summers reaching up to 83°F and winters that can dip to 13°F. With 62% of days being sunny and an average annual rainfall of 19 inches, the climate is generally pleasant and ideal for outdoor activities.
Winter
Min:
13°F
Max:
34°F
Spring
Min:
34°F
Max:
62°F
Summer
Min:
54°F
Max:
83°F
Fall
Min:
34°F
Max:
61°F
Average Rainfall Inches:
19.0 inches
Sunny Days Percentage:
62%
Neighbors
Local households in Silver City typically earn around $62,000, and the area enjoys a low unemployment rate of 3.4%. Most residents commute about 28 minutes to work, and education levels are high, with over 95% holding at least a high school diploma.
Median Income:
$33,000
Household Income:
$62,000
Family Income:
$69,000
Per Capita Income:
$31,500
Income Male:
$40,000
Income Female:
$28,000
Poverty Rate:
9.0%
Non English Speakers:
2.5%
Rent:
$1,050
Unemployment Rate:
3.4%
Public Transport Usage:
0.0%
Commute Time:
28.0 minutes
Education
High School or Higher:
95.4%
Bachelors or More:
32.0%
Education
How are the schools in Silver City, SD?
Silver City families are served by well-rated public schools in nearby Hill City, offering manageable class sizes. For higher education, residents are within easy reach of institutions like the South Dakota School of Mines & Technology and Western Dakota Technical College in Rapid City.
Public Schools
Name:
Hill City Elementary School
Street:
488 E Main St, Hill City, SD 57745
Phone:
605-574-2761
Students:
255
Student Teacher Ratio:
14:1
Name:
Hill City Middle School
Street:
488 E Main St, Hill City, SD 57745
Phone:
605-574-2712
Students:
115
Student Teacher Ratio:
13:1
Colleges
Name:
South Dakota School of Mines & Technology
City:
Rapid City
State:
SD
Distance:
24 miles
Students:
2,500
Name:
Western Dakota Technical College
City:
Rapid City
State:
SD
Distance:
28 miles
Students:
1,400
Healthcare
Residents have access to quality healthcare, with Monument Health Rapid City Hospital located nearby and 91.7% of locals having health insurance coverage. There are 2.2 physicians per 1,000 people, ensuring good accessibility to medical services.
Major Hospitals
Name:
Monument Health Rapid City Hospital
Address:
353 Fairmont Blvd, Rapid City, SD 57701
Phone:
(605) 755-1000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.2
Health Insurance Coverage:
91.7%
Health Care Index:
78.0
Housing Market
What is the housing market like in Silver City, SD?
The housing market in Silver City is stable, with a median home price of $295,000 and high homeownership rates at 85%. Rental vacancies are low, and home values have appreciated by 6.2% over the past year, reflecting a healthy local market.
Median Home Price:
$295,000
Average Rent For 2 Bedroom:
$1,050
Owner Occupied Rate:
85.0%
Rental Vacancy Rate:
4.5%
Home Appreciation Rate (1yr):
6.2%
New Construction Rate:
1.0%
Foreclosure Rate:
0.4%
DMV Information
Driver licensing and vehicle services for Silver City are provided by the South Dakota Department of Public Safety, with the nearest office located in Rapid City. Residents can access information and make appointments online or by phone for convenience.
State:
South Dakota
Department:
South Dakota Department of Public Safety - Driver Licensing
Address:
1301 E. Catron Blvd, Rapid City, SD 57701
Phone:
(605) 773-6883
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.