Silver Creek, NE
Population 341 · Nebraska
About Silver Creek, NE
Silver Creek is a small community located in Nebraska with a population of 341 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,321 per year, which is 24% below the national median of $75,149. The median age of 46.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Silver Creek features a median home value of $83,800, which is 66% below the national median of $244,900. This makes Silver Creek one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $824, 29% below the national average of $1,163/month. Of the 209 total housing units, 78% are owner-occupied (149 units) and 22% are renter-occupied (42 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Silver Creek shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Silver Creek have an average one-way commute time of 21.5 minutes.
Education & Demographics
8.4% of Silver Creek residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.3% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.7% of the population being foreign-born.
Cost of Living in Silver Creek, NE
Compared to national averages, Silver Creek has a median household income of $57,321 (24% below the national median of $75,149). Home values average $83,800, which is 66% below the national median. Monthly rent at $824 is 29% below the US average of $1,163. Within Nebraska, Silver Creek's income is 13% below the state average of $65,895, and home values are 33% below the state median of $125,824.
Why Live in Silver Creek, NE?
Silver Creek offers affordable housing with a median home value of $83,800, below the US average of $244,900, and rent that’s lower than the national average at $824/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 8.8%, better than the national average, and short commute times averaging just 21.5 minutes.
Potential considerations include median household income ($57,321) that falls below the national average. However, Silver Creek’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Silver Creek has a population of 341 with a median age of 46.8 years. Compare Silver Creek with other cities to see how it stacks up, or explore all cities in Nebraska.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Silver Creek
What is the population of Silver Creek, NE?
The population of Silver Creek, NE is 341 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Silver Creek?
The median household income in Silver Creek, NE is $57,321 per year, which is 24% below the national median of $75,149.
What is the median home value in Silver Creek?
The median home value in Silver Creek, NE is $83,800, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Silver Creek?
The median monthly rent in Silver Creek, NE is $824, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Silver Creek?
The unemployment rate in Silver Creek, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Silver Creek, NE a good place to live?
Silver Creek offers a moderate cost of living, affordable housing, and a strong job market. With a population of 341 and a median age of 46.8, the city appeals to established professionals and retirees.
How educated is Silver Creek, NE?
8.4% of residents in Silver Creek aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Silver Creek?
Key cost-of-living indicators for Silver Creek, NE: median home value is $83,800 (66% below national), median rent is $824/month, and median household income is $57,321. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Silver Creek?
The poverty rate in Silver Creek, NE is 8.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Silver Creek, NE?
Silver Creek's population is 0.3% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 4.7% of residents are foreign-born.