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Silver Springs, NY

Full City Profile · New York · Wyoming County County

2.7 /5.0
C+ Fair
569 Population 587/sq mi density
$43,958 Median Income $32,409 per capita
$88,800 Home Value $159,741 Zillow
$742 Median Rent 32.5% income on rent
44°F Avg Temperature 246 sunny days/yr
466 Violent Crime/100K 3,935 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$43,958 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$88,800 home value, $742/mo rent
F
Safety
1.0 / 5.0
466 violent crimes/100K (23% above avg)
F
Education
1.4 / 5.0
5.1% bachelor's degree or higher

Income Overview

Median Household Income
$43,958
42% below
US avg: $75,149
Per Capita Income
$32,409
17% below
US avg: $39,052
Unemployment Rate
3.7%
3% above
US avg: 3.6%
Poverty Rate
6.9%
44% below
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
$43,958
58%
Per Capita
US: $39,052
$32,409
83%
IRS Avg AGI
US: $72,000
$64,617
90%
Avg Weekly Wage
US: $1,432
$1,217
85%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,217
15% below US avg ($1,432)
Mean Commute Time
18 min
34% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
81.6%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,368M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.6%
Public Transit 0%
Work From Home 0%
Other 18.4%
Average commute time
18 minutes
US avg: 28 min

Business Landscape

Total Establishments
930
Restaurants
74
Healthcare
59
Retail
123
Manufacturing
52

Tax & Financial

IRS Avg Adjusted Gross Income
$64,617
10% below US avg ($72,000)
Avg Property Tax
$6,781
94% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$43,958
Per Capita Income$32,409
IRS Avg Adjusted Gross Income$64,617
Avg Weekly Wage$1,217
County GDP$2,368M

Hardship Indicators

Unemployment Rate3.7%
Poverty Rate6.9%
Gini Coefficient0.411
Cost of Living Index107.9

Commute

Mean Commute18 minutes
Drive Alone81.6%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments930
Restaurants74
Healthcare59
Retail123
Manufacturing52

Tax

IRS Avg AGI$64,617
Avg Property Tax$6,781