Life in Silver Spring research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Silver Spring over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Silver Spring:
The population in Silver Spring is 82,129.
The median home value in Silver Spring is $540,905.
The median income in Silver Spring is $98,880.
The cost of living in Silver Spring is 152 which is 1.5x higher than the national average.
The median rent in Silver Spring is $1,899.
The unemployment rate in Silver Spring is 4.9%.
The poverty rate in Silver Spring is 9.7%.
The average high in Silver Spring is 65.6° and the average low is 45.3°.
Cost of living in Silver Spring summary. We use data on the cost of living to determine how expensive it is to live in Silver Spring. Real estate prices drive most of the variance in cost of living around Maryland. Key points include:
The cost of living in Silver Spring is 152 with 100 being average.
The cost of living in Silver Spring is 1.5x higher than the national average.
The median home value in Silver Spring is $540,905.
The median income in Silver Spring is $98,880.
| Living Expense | Silver Spring | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 152 | 121 | 100 | |
| Services | 110 | 105 | 100 | |
| Groceries | 110 | 107 | 100 | |
| Health | 98 | 96 | 100 | |
| Housing | 251 | 150 | 100 | |
| Transportation | 95 | 99 | 100 | |
| Utilities | 112 | 113 | 100 | |
The average high in Silver Spring is 65.6° and the average low is 45.3°.
There are 74.4 days of precipitation each year.
Expect an average of 42.9 inches of precipitation each year with 13.1 inches of snow.
| Stat | Silver Spring |
|---|---|
| Average Annual High | 65.6 |
| Average Annual Low | 45.3 |
| Annual Precipitation Days | 74.4 |
| Average Annual Precipitation | 42.9 |
| Average Annual Snowfall | 13.1 |
The current population in Silver Spring is 82,129. The population has increased 17.2% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 82,129 | 0.4% |
| 2022 | 81,808 | -0.8% |
| 2021 | 82,472 | 1.7% |
| 2020 | 81,069 | -0.9% |
| 2019 | 81,773 | 2.5% |
| 2018 | 79,750 | 0.3% |
| 2017 | 79,483 | 1.9% |
| 2016 | 78,038 | 0.7% |
| 2015 | 77,460 | 2.3% |
| 2014 | 75,748 | 0.5% |
| 2013 | 75,386 | 1.2% |
| 2012 | 74,476 | 2.1% |
| 2011 | 72,942 | 4.1% |
| 2010 | 70,049 | - |
33.6% White with 27,595 White residents.
27.9% African American with 22,903 African American residents.
0.1% American Indian with 77 American Indian residents.
8.2% Asian with 6,730 Asian residents.
0.1% Hawaiian with 42 Hawaiian residents.
0.6% Other with 460 Other residents.
4.6% Two Or More with 3,817 Two Or More residents.
25.0% Hispanic with 20,505 Hispanic residents.
| Race | Silver Spring | MD | USA |
|---|---|---|---|
| White | 33.6% | 47.4% | 58.2% |
| African American | 27.9% | 29.2% | 12.0% |
| American Indian | 0.1% | 0.1% | 0.5% |
| Asian | 8.2% | 6.4% | 5.7% |
| Hawaiian | 0.1% | 0.0% | 0.2% |
| Other | 0.6% | 0.6% | 0.5% |
| Two Or More | 4.6% | 4.2% | 3.9% |
| Hispanic | 25.0% | 12.1% | 19.0% |
Silver Spring is 50.7% female with 41,677 female residents.
Silver Spring is 49.3% male with 40,452 male residents.
| Gender | Silver Spring | MD | USA |
|---|---|---|---|
| Female | 50.7% | 51.3% | 50.5% |
| Male | 49.3% | 48.7% | 49.5% |
9.0% of adults in Silver Spring completed < 9th grade.
5.0% of adults in Silver Spring completed 9-12th grade.
13.0% of adults in Silver Spring completed high school / ged.
9.0% of adults in Silver Spring completed some college.
4.0% of adults in Silver Spring completed associate's degree.
26.0% of adults in Silver Spring completed bachelor's degree.
21.0% of adults in Silver Spring completed master's degree.
6.0% of adults in Silver Spring completed professional degree.
7.0% of adults in Silver Spring completed doctorate degree.
| Education | Silver Spring | MD | USA |
|---|---|---|---|
| < 9th Grade | 9.0% | 4.0% | 5.0% |
| 9-12th Grade | 5.0% | 5.0% | 6.0% |
| High School / GED | 13.0% | 24.0% | 26.0% |
| Some College | 9.0% | 18.0% | 19.0% |
| Associate's Degree | 4.0% | 7.0% | 9.0% |
| Bachelor's Degree | 26.0% | 22.0% | 21.0% |
| Master's Degree | 21.0% | 14.0% | 10.0% |
| Professional Degree | 6.0% | 3.0% | 2.0% |
| Doctorate Degree | 7.0% | 3.0% | 2.0% |
3.2% of households in Silver Spring earn Less than $10,000.
1.6% of households in Silver Spring earn $10,000 to $14,999.
4.1% of households in Silver Spring earn $15,000 to $24,999.
5.8% of households in Silver Spring earn $25,000 to $34,999.
9.7% of households in Silver Spring earn $35,000 to $49,999.
15.2% of households in Silver Spring earn $50,000 to $74,999.
10.6% of households in Silver Spring earn $75,000 to $99,999.
18.3% of households in Silver Spring earn $100,000 to $149,999.
11.9% of households in Silver Spring earn $150,000 to $199,999.
19.6% of households in Silver Spring earn $200,000 or more.
| Income | Silver Spring | MD | USA |
|---|---|---|---|
| Less than $10,000 | 3.2% | 4.3% | 4.9% |
| $10,000 to $14,999 | 1.6% | 2.5% | 3.6% |
| $15,000 to $24,999 | 4.1% | 4.5% | 6.6% |
| $25,000 to $34,999 | 5.8% | 4.9% | 6.8% |
| $35,000 to $49,999 | 9.7% | 7.9% | 10.4% |
| $50,000 to $74,999 | 15.2% | 13.2% | 15.7% |
| $75,000 to $99,999 | 10.6% | 12.0% | 12.7% |
| $100,000 to $149,999 | 18.3% | 19.3% | 17.4% |
| $150,000 to $199,999 | 11.9% | 12.4% | 9.3% |
| $200,000 or more | 19.6% | 19.2% | 12.6% |