At a Glance
Median Income
$98,880
$55,875 per capita
Home Value
$619,400
Zillow: $542,238
Median Rent
$1,899/mo
31.2% of income on rent
Bachelor's Degree+
59.8%
86.9% high school+
Unemployment
4.9%
7.5% poverty rate
Obesity Rate
29.2%
8.3% smoking rate
How Silver Spring Compares to the U.S. Average
Each bar shows Silver Spring's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Silver Spring a Good Place to Live?
A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Silver Spring residents earn a median household income of $98,880 , which is 32% above the national average of $75,149.
Per capita income is $55,875. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). 7.5% of residents live below the poverty line. The area is home to 35,443 business establishments, including 1,941 restaurants.
Housing & Cost of Living
The median home value in Silver Spring is $619,400 , 120% above the national median of $281,900.
Zillow estimates the typical home at $542,238. Median rent is $1,899/month, with 31.2% of renters spending more than 30% of income on housing. The cost of living index is 105.0 (100 = national average). The median home was built in 1965.
Education
59.8% of adults in Silver Spring hold a bachelor's degree or higher
(77% above the national average).
86.9% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
Silver Spring has an average annual temperature of 56°F (13°C).
Winters average 34°F in January while summers reach 77°F in July. Annual precipitation totals 44.0 inches. Air quality is rated Good with a median AQI of 40.
Data Overview
People
Population82,129
Median Age35.2 yrs
Density10,422/mi²
Male / Female49% / 51%
Foreign Born33.5%
Veterans2.0%
Economy
A
Median Income$98,880
Per Capita$55,875
Unemployment4.9%
Poverty7.5%
County GDP$117,390M
Avg Weekly Wage$1,817
Housing
B
Home Value$619,400
Rent$1,899
Ownership38.2%
Zillow$542,238
Housing Units35,463
Rent Burden31.2%
Health
Obesity29.2%
Diabetes10.5%
Smoking8.3%
Heart Disease4.8%
Premature Death4,785/100K
Climate
Avg Temp56°F
Rain44.0 in/yr
AQI40 (Good)
Elevation289 ft
Education
A+
Bachelor's+59.8%
High School+86.9%
Graduate+33.9%
School Score6.6/10
Community
2024 VoteR 22% / D 75%
Commute33 min
Broadband94.9%
Internet Speed256 Mbps
EV Stations64
Libraries22
Did You Know?
The median home in Silver Spring was built in 1965.
16.0% of residents use public transit to commute.
23.8% work from home.
The nearest airport is Ronald Reagan Washington Ntl (10 miles).
The Gini coefficient (income inequality) is 0.469 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
8.4% of the population has a disability.
33.5% of residents are foreign-born.
Average internet download speed is 256 Mbps.
There are 1,941 restaurants in the area.
The county recorded 46 fatal vehicle crashes.