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CITY

Silver Springs

Florida · 2,712 residents · 6.16 sq mi
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The short version

Silver Springs has notably lower household income than the US average, with a median household income of $32,074. Population has held roughly steady since 2023. 16% of adults hold a bachelor's degree or higher, below the national rate of 36%. At a median age of 32.0, residents skew younger than the country as a whole. The poverty rate of 29.8% is well above the national figure. Households here earn about 57% less than the Florida median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 32.0
US median: 38.9
Less educated
16% hold a bachelor's degree
US average: 36%
Renter-heavy
40% owner-occupied
US average: 65%
Section 01

Population & growth

2,712
+3%since 2023
from 2,640 in 2023
2020 – 2024
440 / sq mi
+3%since 2023
from 429 / sq mi in 2023
US average: 281
32.0
−2%since 2023
from 32.5 in 2023
US average: 38.9
Population, 20202024
3K3K3K3K3K20202024Silver Springs
20243K
20202024
Section 02

Income & economy

$32,074
−3%inflation adjusted, since 2023
from $32,228 in 2023
US average: $82,259
2020 – 2024
$32,568
−20%since 2023
from $40,874 in 2023
US average: $44,673
Households earning $100K+
16.7%
−6.4 ptssince 2023
from 23.1% in 2023
US average: 53.3%
29.8%
+1.3 ptssince 2023
from 28.5% in 2023
US average: 12.5%
0.500
−15%since 2023
from 0.586 in 2023
US average: 0.476
Workforce by industry, 2024
Other services23.8%
US avg: 6.7%
Public administration16.1%
US avg: 4.8%
Retail trade15.1%
US avg: 9.9%
Wholesale trade6.4%
US avg: 6.9%
Transportation & warehousing5.6%
US avg: 2.2%
Finance & insurance3.4%
US avg: 5.9%
Professional, scientific, technical3.4%
US avg: 5.1%
Information2.8%
US avg: 10.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$30,800
US average: $376,019
2020 – 2024
$1,176
Unchangedinflation adjusted, since 2023
from $1,143 in 2023
US average: $1,442
40.4%
−1.5 ptssince 2023
from 41.9% in 2023
59.6% rent
14.1%
−0.3 ptssince 2023
from 14.4% in 2023
US average: 10.0%
8.1%
+0.3 ptssince 2023
from 7.8% in 2023
US average: 22.9%
73.7%
+5.2 ptssince 2023
from 68.4% in 2023
US average: 47.4%
1.0
2020 – 2024
RELATED:See current rent listings in Silver Springs on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic42.3%(1,118)
Black35.3%(932)
Hispanic / Latino16.1%(424)
Asian0%(0)
Other6.3%(166)
Diversity Score83.3%(2,199)
2024
White, non-Hispanic50.4%(1,366)
Black31.2%(846)
Hispanic / Latino11.2%(305)
Asian0%(0)
Other7.2%(195)
Diversity Score78.9%(2,140)
79
−5%since 2023
from 83 in 2023
2020 – 2024
Section 05

Education

16.1%
−0.1 ptssince 2023
from 16.2% in 2023
US average: 35.6%
High school or higher
85.6%
+1.3 ptssince 2023
from 84.2% in 2023
US average: 89.6%
5.0%
+0.4 ptssince 2023
from 4.6% in 2023
US average: 14.0%
Section 06

Commute & transportation

22.9 min
−9%since 2023
from 25.0 min in 2023
US average: 26.5
85.7%
+4.5 ptssince 2023
from 81.2% in 2023
US average: 68.9%
0.6%
+0.6 ptssince 2023
from 0.0% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
12.3%
−5.2 ptssince 2023
from 17.5% in 2023
US average: 15.0%
1.5%
+0.2 ptssince 2023
from 1.3% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
23.1%
+6.0 ptssince 2023
from 17.0% in 2023
US average: 8.3%
Section 07

Work & employment

0.0%
−2.0 ptssince 2023
from 2.0% in 2023
US average: 5.2%
60.3%
−9.6 ptssince 2023
from 69.9% in 2023
US average: 63.5%
17.7%
+4.1 ptssince 2023
from 13.6% in 2023
US average: 13.1%
16.0%
−4.9 ptssince 2023
from 20.8% in 2023
US average: 42.5%
Section 08

People & community

41.6%
+1.1 ptssince 2023
from 40.5% in 2023
58.4%
−1.1 ptssince 2023
from 59.5% in 2023
2.9%
+0.3 ptssince 2023
from 2.7% in 2023
US average: 14.1%
6.1%
+5.4 ptssince 2023
from 0.7% in 2023
US average: 6.2%
10.2%
+5.9 ptssince 2023
from 4.3% in 2023
US average: 13.3%
16.4%
+0.1 ptssince 2023
from 16.3% in 2023
US average: 8.4%
92.9%
−1.4 ptssince 2023
from 94.3% in 2023
US average: 91.0%
80.5%
+0.7 ptssince 2023
from 79.7% in 2023
US average: 77.7%
12.8%
−0.7 ptssince 2023
from 13.5% in 2023
US average: 13.6%
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Frequently asked

How many people live in Silver Springs, Florida?

Silver Springs, Florida has about 2,712 residents according to the 2024 American Community Survey.

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

The typical household in Silver Springs, Florida earns about $32,074 a year. Half of households make more than that, and half make less.

Is Silver Springs, Florida expensive?

In Silver Springs, Florida, the median home is worth about $30,800, and the typical rent is about $1,176 a month.

How educated are people in Silver Springs, Florida?

About 16.1% of adults age 25 and over in Silver Springs, Florida hold a bachelor's degree or higher.

What is the poverty rate in Silver Springs, Florida?

About 29.8% of people in Silver Springs, Florida 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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