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Silver Springs, Nevada

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
5,060
Population
$48,944
Median Income
$244,400
Home Value
56.4
Median Age

Demographics

Silver Springs has a population of 5,060 with a median age of 56.4. Here is the racial and ethnic breakdown of the population:

White
84.5%
Other
7.6%
Hispanic
5.6%
Black
1.2%
Asian
1.1%
Demographic Value
Total Population5,060
Median Age56.4
White84.5%
Black or African American1.2%
Asian1.1%
Hispanic or Latino5.6%
Other / Two or More Races7.6%
Silver Springs, Nevada — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 84.5%Other: 7.6%Hispanic/Latino: 5.6%Other: 2.3%5,060PopulationWhiteWhite84.5%OtherOther7.6%Hispanic/LatinoHispanic/Latino5.6%OtherOther2.3%

Income & Economy

The median household income in Silver Springs is $48,944, which is 39.3% below the national median of $80,610. The per capita income is $28,543. The poverty rate is 19.6%.

$48,944
Median Household Income
$28,543
Per Capita Income
19.6%
Poverty Rate

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Education

In Silver Springs, 78.6% of residents age 25+ have a high school diploma or higher, and 11.3% hold a bachelor's degree or higher (4.2% with a graduate or professional degree).

HS Diploma+
78.6%
Bachelor's+
11.3%
Graduate+
4.2%
Education Level % of Adults (25+)
High School Diploma or Higher78.6%
Bachelor's Degree or Higher11.3%
Graduate or Professional Degree4.2%

Housing

The median home value in Silver Springs is $244,400, below the national median of $303,400. The median monthly rent is $1,201. The homeownership rate is 84.8%.

$244,400
Median Home Value
$1,201/mo
Median Rent
84.8%
Homeownership Rate
Housing Metric Value
Median Home Value$244,400
Median Monthly Rent$1,201
Homeownership Rate84.8%
Vacancy Rate13.2%

Salaries in Nevada

Explore salary data for popular occupations in Nevada:

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Other Cities in Nevada

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Frequently Asked Questions

What is the population of Silver Springs, Nevada?
The population of Silver Springs, Nevada is 5,060 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Silver Springs, Nevada?
The median household income in Silver Springs, Nevada is $48,944. This is 39.3% below the national median of $80,610.
What is the median home value in Silver Springs, Nevada?
The median home value in Silver Springs, Nevada is $244,400. The median monthly rent is $1,201.
What percentage of people in Silver Springs have a college degree?
In Silver Springs, Nevada, 11.3% of adults age 25 and older hold a bachelor's degree or higher, and 78.6% have a high school diploma or higher.
Is Silver Springs, Nevada an affordable place to live?
The home price-to-income ratio in Silver Springs, Nevada is 5.0x (median home value $244,400 vs. median income $48,944), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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