CensusEasy
CITY · 2020 ACS

Silver Springs

Florida · 2,844 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 $32,786. Population has held roughly steady since 2021. 18% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $14,400. The poverty rate of 22.8% is well above the national figure. Households here earn about 43% less than the Florida median.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 39.6
US median: 38.8
Less educated
18% hold a bachelor's degree
US average: 33%
More affordable
home values down 5%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

2,844
−1%vs 2021
vs 2,870 in 2021
2020 – 2024
462 / sq mi
−1%vs 2021
vs 466 / sq mi in 2021
US average: 280
39.6
+11%vs 2021
vs 35.6 in 2021
US average: 38.8
Population, 20202024
3K3K3K3K3K20202024Silver Springs
20243K
20202024
Section 02

Income & economy

$32,786
−1%inflation adjusted, since 2021
vs $34,831 in 2021
US average: $66,278
2020 – 2024
$16,909
−15%vs 2021
vs $19,854 in 2021
US average: $35,364
Households earning $100K+
10.2%
−3.0 ptsvs 2021
vs 13.2% in 2021
US average: 43.9%
22.8%
+3.7 ptsvs 2021
vs 19.0% in 2021
US average: 12.8%
Workforce by industry, 2020
Other services9.5%
US avg: 6.6%
Public administration9.5%
US avg: 4.7%
Retail trade8.9%
US avg: 10%
Information8.6%
US avg: 11.1%
Transportation & warehousing5.7%
US avg: 2.5%
Wholesale trade5.6%
US avg: 6.7%
Finance & insurance2.3%
US avg: 5.5%
Professional, scientific, technical2.3%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$14,400
−5%inflation adjusted, since 2021
vs $15,900 in 2021
US average: $265,253
2020 – 2024
$880
−3%inflation adjusted, since 2021
vs $950 in 2021
US average: $1,124
44.6%
+6.5 ptsvs 2021
vs 38.2% in 2021
55.4% rent
0.4
−4%vs 2021
vs 0.5 in 2021
2020 – 2024
RELATED:See current rent listings in Silver Springs on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic48.7%(1,398)
Black28.7%(825)
Hispanic / Latino17.9%(514)
Asian0.5%(15)
Other4.1%(118)
Diversity Score80.8%(2,319)
2020
White, non-Hispanic59.1%(1,681)
Black22%(627)
Hispanic / Latino12.7%(360)
Asian0.6%(18)
Other1.5%(43)
Diversity Score68.8%(1,956)
69
−15%vs 2021
vs 81 in 2021
2020 – 2024
Section 05

Education

17.9%
+1.0 ptsvs 2021
vs 16.9% in 2021
US average: 32.9%
High school or higher
81.3%
+0.5 ptsvs 2021
vs 80.8% in 2021
US average: 88.5%
1.5%
Unchangedvs 2021
vs 1.5% in 2021
US average: 12.7%
Section 06

Commute & transportation

21.7 min
−13%vs 2021
vs 24.9 min in 2021
US average: 26.9
80.5%
−3.0 ptsvs 2021
vs 83.5% in 2021
US average: 75.1%
10.4%
+4.0 ptsvs 2021
vs 6.4% in 2021
US average: 8.4%
Section 07

Work & employment

12.0%
+5.9 ptsvs 2021
vs 6.1% in 2021
US average: 5.4%
68.3%
+1.9 ptsvs 2021
vs 66.4% in 2021
US average: 63.4%
15.2%
−1.2 ptsvs 2021
vs 16.4% in 2021
US average: 39.3%
Section 08

People & community

44.4%
+2.8 ptsvs 2021
vs 41.6% in 2021
55.6%
−2.8 ptsvs 2021
vs 58.4% in 2021
5.4%
+0.5 ptsvs 2021
vs 4.9% in 2021
US average: 13.5%
21.9%
+0.5 ptsvs 2021
vs 21.4% in 2021
US average: 8.8%
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Frequently asked

How many people live in Silver Springs, Florida?

Silver Springs, Florida has about 2,844 residents according to the 2020 American Community Survey.

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

The typical household in Silver Springs, Florida earns about $32,786 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 $14,400, and the typical rent is about $880 a month.

How educated are people in Silver Springs, Florida?

About 17.9% 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 22.8% 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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