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CITY · 2020 ACS

Silver Springs Shores

Florida · 24,846 residents · 14.934 sq mi
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The short version

Silver Springs Shores has notably lower household income than the US average, with a median household income of $48,064. The city has more than doubled in size since 2000, adding 18,156 residents. 14% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $123,100.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 38.0
US median: 38.8
Less educated
14% hold a bachelor's degree
US average: 33%
Less affordable
home values up 45%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
24,846
+271%since 2000
from 6,690 in 2000
1990 – 2024
Population density
1,664 / sq mi
+271%since 2000
from 448 / sq mi in 2000
US average: 280
Median age
38.0
−12%since 2000
from 43.0 in 2000
US average: 38.8
Population, 1990 – 2024
4K11K17K24K31K1990201020202024Silver Springs Shores
202429K
1990201020202024
Section 02

Income & economy

Median household income
$48,064
+21%inflation adjusted, since 2000
from $26,493 in 2000
US average: $66,278
1990 – 2024
Per capita income
$24,094
+74%since 2000
from $13,884 in 2000
US average: $35,364
Households earning $100K+
26.3%
+14.0 ptssince 2009
from 12.4% in 2009
US average: 43.9%
Poverty rate
14.8%
+2.8 ptssince 2000
from 12.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Information21.1%
US avg: 11.1%
Finance & insurance7.7%
US avg: 5.5%
Professional, scientific, technical7.6%
US avg: 4.7%
Retail trade7.4%
US avg: 10%
Other services5.6%
US avg: 6.6%
Wholesale trade4.9%
US avg: 6.7%
Public administration2.8%
US avg: 4.7%
Transportation & warehousing1.8%
US avg: 2.5%
Agriculture, forestry, fishing1.3%
US avg: 1.7%
Manufacturing1.1%
US avg: 0.5%
Arts, entertainment, food1%
US avg: 2%
Construction0.2%
US avg: 1.2%
Education & health services0.1%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$123,100
+45%inflation adjusted, since 2000
from $56,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$987
+9%inflation adjusted, since 2000
from $602 in 2000
US average: $1,124
Owner-occupied
73.1%
−0.8 ptssince 2000
from 74.0% in 2000
26.9% rent
Afford Score
2.6
+20%since 2000
from 2.1 in 2000
1990 – 2024
RELATED:See current rent listings in Silver Springs Shores on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic56.4%(3,771)
Black27.5%(1,839)
Hispanic / Latino12.1%(808)
Asian1.1%(71)
Other0%
Diversity Score70.8%(4,736)
2020
White, non-Hispanic46.9%(11,652)
Black22.1%(5,481)
Hispanic / Latino23%(5,727)
Asian1.7%(430)
Other3.3%(815)
Diversity Score82.1%(20,396)
Diversity Score
82
+16%since 2000
from 71 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
14.4%
+4.8 ptssince 2000
from 9.7% in 2000
US average: 32.9%
High school or higher
82.7%
+8.9 ptssince 2000
from 73.8% in 2000
US average: 88.5%
Graduate degree
5.0%
+0.4 ptssince 2000
from 4.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
25.5 min
+49%since 2000
from 17.1 min in 2000
US average: 26.9
Drive alone to work
83.5%
+2.7 ptssince 2009
from 80.7% in 2009
US average: 75.1%
No vehicle available
4.7%
+2.1 ptssince 2009
from 2.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.1%
−3.6 ptssince 2011
from 9.7% in 2011
US average: 5.4%
Labor force participation
57.7%
+6.9 ptssince 2011
from 50.8% in 2011
US average: 63.4%
Management & professional
27.2%
−34.1 ptssince 2009
from 61.3% in 2009
US average: 39.3%
Section 08

People & community

Male
48.7%
−0.5 ptssince 2009
from 49.2% in 2009
Female
51.3%
+0.5 ptssince 2009
from 50.8% in 2009
Foreign born
11.1%
−4.1 ptssince 2009
from 15.2% in 2009
US average: 13.5%
Uninsured
8.6%
−67.7 ptssince 2013
from 76.3% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Silver Springs Shores to nearby cities

SILVER SPRINGS SHORES VS
Ocala
Income$56,376+17%
Home value$241,400+96%
Population71,753+151%
SEE FULL COMPARISON →
SILVER SPRINGS SHORES VS
Liberty Triangle
Income$64,943+35%
Home value$275,500+124%
Population24,888−13%
SEE FULL COMPARISON →
SILVER SPRINGS SHORES VS
Marion Oaks
Income$72,392+51%
Home value$257,700+109%
Population23,972−16%
SEE FULL COMPARISON →
SILVER SPRINGS SHORES VS
Lady Lake
Income$46,074−4%
Home value$227,300+85%
Population17,496−39%
SEE FULL COMPARISON →
Frequently asked

How many people live in Silver Springs Shores, Florida?

Silver Springs Shores, Florida has about 24,846 residents according to the 2020 American Community Survey.

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

The typical household in Silver Springs Shores, Florida earns about $48,064 a year. Half of households make more than that, and half make less.

Is Silver Springs Shores, Florida expensive?

In Silver Springs Shores, Florida, the median home is worth about $123,100, and the typical rent is about $987 a month.

How educated are people in Silver Springs Shores, Florida?

About 14.4% of adults age 25 and over in Silver Springs Shores, Florida hold a bachelor's degree or higher.

What is the poverty rate in Silver Springs Shores, Florida?

About 14.8% of people in Silver Springs Shores, Florida live below the federal poverty line.

Has Silver Springs Shores, Florida grown since 1990?

Yes, Silver Springs Shores, Florida has grown since 1990. The population has added about 18,425 residents, a change of about 287 percent over that period.

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

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