Silver Springs, NY
Full City Profile · New York · Wyoming County County
Silver Springs, NY
At a Glance
How Silver Springs Compares to the U.S. Average
Each bar shows Silver Springs's value as a percentage of the national average (100% = U.S. avg)
Is Silver Springs a Good Place to Live?
Economy & Jobs
Silver Springs residents earn a median household income of $43,958 , which is 42% below the national average of $75,149. Per capita income is $32,409. The unemployment rate stands at 5.5% (53% above the U.S. rate of 3.6%). 6.9% of residents live below the poverty line. The area is home to 930 business establishments, including 74 restaurants.
Housing & Cost of Living
The median home value in Silver Springs is $88,800 , 68% below the national median of $281,900. Zillow estimates the typical home at $179,821. Median rent is $742/month, with 32.5% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1961.
Education
5.1% of adults in Silver Springs hold a bachelor's degree or higher (85% below the national average). 87.6% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Silver Springs has an average annual temperature of 44°F (7°C). Winters average 20°F in January while summers reach 67°F in July. Annual precipitation totals 37.2 inches.