Silver City had its start in the year 1879 by the building of the Wabash, St. Louis and Pacific Railway through that territory. In its busiest time, Silver City was home to a lumber yard, grocery store, horse racing track, jewelry store, pharmacy and other businesses. An annual carnival would visit as well.
Silver City is currently home to the Loyal Lassies/Ingraham Straight Shooters 4-H club as well as the Silver City Library and historical society. Silver City Volunteer Fire & Rescue services the town and immediate area. Mills County Sheriffs Department provides emergency response and patrol services.