Silver Spring is a neighborhood of 12,916 people in Milwaukee. Owners hold 33% of the housing stock. This skews young, with a median age of 27.5. Four-year degrees are less common here than nationally, at 9% of adults. The poverty rate is 27.6%, above the 12.5% national rate. The typical home is worth $121,549. These figures are approximated by combining the 4 census tracts that make up Silver Spring; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 27.5
US median: 38.9
Less educated
9% hold a bachelor's degree
US average: 36%
Renter-heavy
33% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
12,916
Population density
5,900 / sq mi
US average: 281
Median age
27.5
US average: 38.9
Land area
2.19 sq mi
Section 02
Income & economy
Median household income
$44,384
US average: $82,259
Per capita income
$21,577
US average: $44,673
Households earning $100K+
29.6%
US average: 53.3%
Poverty rate
27.6%
US average: 12.5%
Income inequality (Gini)
0.420
US average: 0.476
Workforce by industry, 2024
Retail trade25.1%
US avg: 9.9%
Information19.3%
US avg: 10.8%
Finance & insurance6.1%
US avg: 5.9%
Professional, scientific, technical5.9%
US avg: 5.1%
Other services3.6%
US avg: 6.7%
Public administration3.1%
US avg: 4.8%
Agriculture, forestry, fishing1.9%
US avg: 1.6%
Construction1.9%
US avg: 1.2%
Wholesale trade1.2%
US avg: 6.9%
Transportation & warehousing1.1%
US avg: 2.2%
Arts, entertainment, food0.2%
US avg: 1.9%
Education & health services0.2%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
Median home value
$121,549
US average: $376,019
Median gross rent
$1,047
US average: $1,442
Owner-occupied
32.7%
67.3% rent
Vacancy rate
9.1%
US average: 10.0%
Persons per household
2.64 people
US average: 2.54
Owner cost-burdened
21.9%
US average: 22.9%
Renter cost-burdened
49.8%
US average: 47.4%
Afford Score
2.7
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic8.2%(1,062)
Black64.3%(8,306)
Hispanic / Latino8.5%(1,092)
Asian16.5%(2,126)
Other2.6%(330)
2024
White, non-Hispanic8.2%(1,062)
Black64.3%(8,306)
Hispanic / Latino8.5%(1,092)
Asian16.5%(2,126)
Other2.6%(330)
Diversity Score
68
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
