Silver Springs Shores, FL

Full City Profile · Florida · Marion County County

3.6 /5.0
B+ Good
27,556 Population 1,846/sq mi density
$60,543 Median Income $28,383 per capita
$181,800 Home Value $256,476 Zillow
$1,231 Median Rent 31.0% income on rent
71°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$60,543 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$181,800 home value, $1,231/mo rent
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher

Silver Springs Shores, FL

At a Glance

Median Income
$60,543
19% below
$28,383 per capita
Home Value
$181,800
36% below
Zillow: $256,476
Median Rent
$1,231/mo
6% above
31.0% of income on rent
Bachelor's Degree+
15.4%
54% below
83.8% high school+
Unemployment
3.3%
8% below
10.7% poverty rate
Obesity Rate
39.6%
23% above
17.8% smoking rate
Avg Temperature
71°F

How Silver Springs Shores Compares to the U.S. Average

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

Income
81%
Home Value
64%
Rent
106%
Poverty
86%
Bachelor's
46%
Unemployment
92%
Thin vertical line = U.S. national average (100%)

Is Silver Springs Shores a Good Place to Live?

B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Silver Springs Shores residents earn a median household income of $60,543 , which is 19% below the national average of $75,149. Per capita income is $28,383. The unemployment rate stands at 3.3% (8% below the U.S. rate of 3.6%). 10.7% of residents live below the poverty line. The area is home to 10,226 business establishments, including 570 restaurants.

Housing & Cost of Living

The median home value in Silver Springs Shores is $181,800 , 36% below the national median of $281,900. Zillow estimates the typical home at $256,476. Median rent is $1,231/month, with 31.0% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1993.

Education

15.4% of adults in Silver Springs Shores hold a bachelor's degree or higher (54% below the national average). 83.8% have completed high school. Local schools score 5.2/10 in standardized testing.

Climate & Weather

Silver Springs Shores has an average annual temperature of 71°F (22°C). Winters average 58°F in January while summers reach 82°F in July. Annual precipitation totals 51.6 inches.

Data Overview

People

Population27,556
Median Age39.1 yrs
Density1,846/mi²
Male / Female50% / 50%
Foreign Born10.3%
Veterans8.8%

Economy

B+
Median Income$60,543
Per Capita$28,383
Unemployment3.3%
Poverty10.7%
County GDP$17,641M
Avg Weekly Wage$1,010

Housing

A+
Home Value$181,800
Rent$1,231
Ownership76.3%
Zillow$256,476
Housing Units10,408
Rent Burden31.0%

Health

Obesity39.6%
Diabetes12.8%
Smoking17.8%
Heart Disease6.6%
Premature Death12,581/100K

Climate

Avg Temp71°F
Rain51.6 in/yr
Elevation89 ft

Education

C
Bachelor's+15.4%
High School+83.8%
Graduate+5.6%
School Score5.2/10

Community

2024 VoteR 65% / D 34%
Commute28 min
Broadband91.5%
Internet Speed138 Mbps
EV Stations2
Libraries8

Did You Know?

The median home in Silver Springs Shores was built in 1993.
The nearest airport is Ocala International-Jim Taylor Field (13 miles).
The Gini coefficient (income inequality) is 0.450 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
16.8% of the population has a disability.
10.3% of residents are foreign-born.
Average internet download speed is 138 Mbps.
There are 570 restaurants in the area.
The county recorded 104 fatal vehicle crashes.