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Silver Springs, New York

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
558
Population
$46,000
Median Income
$90,400
Home Value
38.7
Median Age

Demographics

Silver Springs has a population of 558 with a median age of 38.7. Here is the racial and ethnic breakdown of the population:

White
92.1%
Hispanic
10.6%
Asian
5.2%
Demographic Value
Total Population558
Median Age38.7
White92.1%
Asian5.2%
Hispanic or Latino10.6%
Silver Springs, New York — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 108.White: 85.4%Hispanic/Latino: 9.8%Asian: 4.8%558PopulationWhiteWhite85.4%Hispanic/LatinoHispanic/Latino9.8%AsianAsian4.8%

Income & Economy

The median household income in Silver Springs is $46,000, which is 42.9% below the national median of $80,610. The per capita income is $32,324. The poverty rate is 10.0%.

$46,000
Median Household Income
$32,324
Per Capita Income
10.0%
Poverty Rate

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Education

In Silver Springs, 86.7% of residents age 25+ have a high school diploma or higher, and 4.4% hold a bachelor's degree or higher (2.3% with a graduate or professional degree).

HS Diploma+
86.7%
Bachelor's+
4.4%
Graduate+
2.3%
Education Level % of Adults (25+)
High School Diploma or Higher86.7%
Bachelor's Degree or Higher4.4%
Graduate or Professional Degree2.3%

Housing

The median home value in Silver Springs is $90,400, below the national median of $303,400. The median monthly rent is $729. The homeownership rate is 68.3%.

$90,400
Median Home Value
$729/mo
Median Rent
68.3%
Homeownership Rate
Housing Metric Value
Median Home Value$90,400
Median Monthly Rent$729
Homeownership Rate68.3%
Vacancy Rate5.3%

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Frequently Asked Questions

What is the population of Silver Springs, New York?
The population of Silver Springs, New York is 558 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Silver Springs, New York?
The median household income in Silver Springs, New York is $46,000. This is 42.9% below the national median of $80,610.
What is the median home value in Silver Springs, New York?
The median home value in Silver Springs, New York is $90,400. The median monthly rent is $729.
What percentage of people in Silver Springs have a college degree?
In Silver Springs, New York, 4.4% of adults age 25 and older hold a bachelor's degree or higher, and 86.7% have a high school diploma or higher.
Is Silver Springs, New York an affordable place to live?
The home price-to-income ratio in Silver Springs, New York is 2.0x (median home value $90,400 vs. median income $46,000), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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