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CITY · 2020 ACS

Silver Springs

Alaska · 111 residents · 2.562 sq mi
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The short version

Silver Springs is significantly wealthier than the US average, with a median household income of $110,694. Population has declined 15% since 2000. Median home value has more than doubled since 2000, reaching $222,100. With a median age of 48.3, the population is older than the US median of 38.8. Poverty is rare here, at 4.7% of residents. Households here earn about 42% more than the Alaska median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 48.3
US median: 38.8
More educated
42% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
111
−15%since 2000
from 130 in 2000
2000 – 2024
Population density
43 / sq mi
−15%since 2000
from 51 / sq mi in 2000
US average: 280
Median age
48.3
+39%since 2000
from 34.8 in 2000
US average: 38.8
Population, 2000 – 2024
55871191511832000201020202024Silver Springs
202471
2000201020202024
Section 02

Income & economy

Median household income
$110,694
+37%inflation adjusted, since 2000
from $53,750 in 2000
US average: $66,278
2000 – 2024
Per capita income
$62,694
+167%since 2000
from $23,464 in 2000
US average: $35,364
Households earning $100K+
53.2%
−9.7 ptssince 2009
from 62.9% in 2009
US average: 43.9%
Poverty rate
4.7%
−2.7 ptssince 2000
from 7.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade12.5%
US avg: 6.7%
Agriculture, forestry, fishing4.8%
US avg: 1.7%
Construction4.8%
US avg: 1.2%
Finance & insurance2.9%
US avg: 5.5%
Education & health services2.9%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Information0%
US avg: 11.1%
Professional, scientific, technical0%
US avg: 4.7%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$222,100
+24%inflation adjusted, since 2000
from $118,800 in 2000
US average: $265,253
2000 – 2024
Owner-occupied
76.6%
−19.1 ptssince 2000
from 95.7% in 2000
23.4% rent
Afford Score
2.0
−9%since 2000
from 2.2 in 2000
2000 – 2024
RELATED:See current rent listings in Silver Springs on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic86.2%(112)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%
Diversity Score0%(0)
2020
White, non-Hispanic75.7%(84)
Black0%(0)
Hispanic / Latino1.8%(2)
Asian1.8%(2)
Other13.5%(15)
Diversity Score39%(43)
Diversity Score
39
from 0 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
41.7%
+9.7 ptssince 2000
from 32.1% in 2000
US average: 32.9%
High school or higher
93.7%
−6.3 ptssince 2000
from 100.0% in 2000
US average: 88.5%
Graduate degree
28.3%
+14.2 ptssince 2000
from 14.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
49.3 min
+505%since 2000
from 8.2 min in 2000
US average: 26.9
Drive alone to work
82.0%
−9.3 ptssince 2009
from 91.3% in 2009
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
−11.8 ptssince 2011
from 11.8% in 2011
US average: 5.4%
Labor force participation
67.5%
−1.9 ptssince 2011
from 69.4% in 2011
US average: 63.4%
Management & professional
76.0%
+12.9 ptssince 2009
from 63.0% in 2009
US average: 39.3%
Section 08

People & community

Male
62.6%
+3.3 ptssince 2009
from 59.3% in 2009
Female
37.4%
−3.3 ptssince 2009
from 40.7% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
0.0%
−83.1 ptssince 2013
from 83.1% in 2013
US average: 8.8%
Drill deeper

Places similar to Silver Springs

Millwood
Pop 66
Geneva
Pop 72
Olowalu
Pop 70
Dickerson City
Pop 76
Places similar to Silver Springs
Head to head

Compare Silver Springs side by side

SILVER SPRINGS VS
Millwood
Income–
Home value–
Population66−7%
SEE FULL COMPARISON →
SILVER SPRINGS VS
Geneva
Income$113,438+2%
Home value$221,900same
Population72+1%
SEE FULL COMPARISON →
SILVER SPRINGS VS
Olowalu
Income$111,250+1%
Home value$1,166,700+425%
Population70−1%
SEE FULL COMPARISON →
SILVER SPRINGS VS
Dickerson City
Income$129,231+17%
Home value$923,100+316%
Population76+7%
SEE FULL COMPARISON →
Frequently asked

How many people live in Silver Springs, Alaska?

Silver Springs, Alaska has about 111 residents according to the 2020 American Community Survey.

What is the median household income in Silver Springs, Alaska?

The typical household in Silver Springs, Alaska earns about $110,694 a year. Half of households make more than that, and half make less.

Is Silver Springs, Alaska expensive?

In Silver Springs, Alaska, the median home is worth about $222,100.

How educated are people in Silver Springs, Alaska?

About 41.7% of adults age 25 and over in Silver Springs, Alaska hold a bachelor's degree or higher.

What is the poverty rate in Silver Springs, Alaska?

About 4.7% of people in Silver Springs, Alaska live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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