Silver Springs, FL

Full City Profile · Florida · Marion County County

2.2 /5.0
C Fair
2,640 Population 429/sq mi density
$32,228 Median Income $40,874 per capita
$1,143 Median Rent 51.0% income on rent
71°F Avg Temperature
C
Overall
2.2 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$32,228 median income, 2.0% unemployment
D
Affordability
2.0 / 5.0
C
Education
2.3 / 5.0
16.2% bachelor's degree or higher

Income Overview

Median Household Income
$32,228
57% below
US avg: $75,149
Per Capita Income
$40,874
5% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
37.6%
203% above
US avg: 12.4%

Income Comparison: Silver Springs vs. U.S. Average

Each bar shows Silver Springs’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$32,228
43%
Per Capita
US: $39,052
$40,874
105%
IRS Avg AGI
US: $72,000
$65,162
91%
Avg Weekly Wage
US: $1,432
$1,010
71%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,010
29% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
17.5%
15% above US avg (15.2%)
Drive Alone
81.2%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$17,641M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.2%
Public Transit 0%
Work From Home 17.5%
Other 1.3%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
10,226
Restaurants
570
Healthcare
985
Retail
1,173
Manufacturing
212

Tax & Financial

IRS Avg Adjusted Gross Income
$65,162
9% below US avg ($72,000)
Avg Property Tax
$5,878
68% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$32,228
Per Capita Income$40,874
IRS Avg Adjusted Gross Income$65,162
Avg Weekly Wage$1,010
County GDP$17,641M

Hardship Indicators

Unemployment Rate2.0%
Poverty Rate37.6%
Gini Coefficient0.450
Cost of Living Index103.4

Commute

Mean Commute25 minutes
Drive Alone81.2%
Public Transit0.0%
Work From Home17.5%

Businesses

Total Establishments10,226
Restaurants570
Healthcare985
Retail1,173
Manufacturing212

Tax

IRS Avg AGI$65,162
Avg Property Tax$5,878