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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

Housing Overview

Median Home Value
$88,800
68% below
US avg: $281,900
Median Rent
$742/mo
36% below
US avg: $1,163/mo
Homeownership Rate
67.0%
2% above US avg (65.4%)
Total Housing Units
324
Median year built: 1961

Home Value by Source

Census Median
$88,800
Zillow (ZHVI)
$159,741
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.0%
Owner-Occupied
33.0%
Renter-Occupied
67%
33%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $742/mo

Affordability & Housing Stock

Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
67.0%

Complete Housing Data

Home Values

Census Median Value$88,800
Zillow Home Value (ZHVI)$159,741

Rent

Census Median Rent$742
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Ownership & Stock

Owner-Occupied67.0%
Renter-Occupied33.0%
Homeownership Rate67.0%
Total Housing Units324
Median Year Built1961
Rent Burden32.5%