Last updated: 2024 BLS data · Page refreshed:
Silver Spring has a population of 81,462 with a median age of 35.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 81,462 |
| Median Age | 35.6 |
| White | 34.5% |
| Black or African American | 28.8% |
| Asian | 8.6% |
| Hispanic or Latino | 24.5% |
| Other / Two or More Races | 3.6% |
The median household income in Silver Spring is $99,860, which is 23.9% above the national median of $80,610. The per capita income is $57,635. The poverty rate is 10.6%.
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In Silver Spring, 87.6% of residents age 25+ have a high school diploma or higher, and 60.6% hold a bachelor's degree or higher (33.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.6% |
| Bachelor's Degree or Higher | 60.6% |
| Graduate or Professional Degree | 33.6% |
The median home value in Silver Spring is $643,300, above the national median of $303,400. The median monthly rent is $1,913. The homeownership rate is 38.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $643,300 |
| Median Monthly Rent | $1,913 |
| Homeownership Rate | 38.3% |
| Vacancy Rate | 5.0% |
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