Living in Silver Springs Shores, Florida
Cost of living, income, home prices, rent and demographics of Silver Springs Shores · Census data 2020–2024
Silver Springs Shores has 28,537 residents with a median age of 39.2. The median household income is $63,611 (15% lower than the Florida median), the median home value is $201,300, the median rent is $1,430/month.
Silver Springs Shores at a glance
- Population
- 28,537
- Median age
- 39.2State: 42.6
- Median household income
- $63,611State: $74,568
- Median home value
- $201,300State: $359,000
- Median rent
- $1,430/moState: $1,669
- Homeowners
- 78.5%
- Bachelor's degree or higher
- 16.4%
- Average commute
- 31 min
Is Silver Springs Shores a good place to live?
Pros: Home values 44% lower than the state median; unemployment of 3.8%.
Cons: Median household income 15% lower than the Florida median; an average commute of 31 minutes; a poverty rate of 14.2%.
The weather is best in February–March and November–December.
Cost of living in Silver Springs Shores
Housing is the biggest part of the cost of living. In Silver Springs Shores the median home value is $201,300, 39% lower than the U.S. median. Renters pay a median of $1,430 per month, which is 31.4% of household income. Homeowners with a mortgage pay $1,208 a month in housing costs.
Silver Springs Shores median household income
The median household income in Silver Springs Shores is $63,611 and the income per person is $26,170. 14.2% of residents live below the poverty line (Florida: 12.6%).
Housing in Silver Springs Shores: homes for sale and rent
- Housing units
- 11,066
- Owner-occupied
- 78.5%
- Renter-occupied
- 21.5%
- Vacant
- 5.9%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.74
Silver Springs Shores demographics
- Population
- 28,537
- Median age
- 39.2
- Under 18
- 23.9%
- 65 and older
- 16.4%
- Households
- 10,418
- Foreign-born
- 12.8%
- Veterans
- 7.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Silver Springs Shores ›
Education in Silver Springs Shores
16.4% of adults 25 and older in Silver Springs Shores have a bachelor's degree or higher (Florida: 34.1%), and 4.4% have a graduate or professional degree.
Jobs and commute in Silver Springs Shores
- Unemployment rate
- 3.8%State: 4.8%
- Average commute
- 31 minState: 28 min
- Work from home
- 13.6%
- Drive alone
- 69.4%
- Public transit
- 0.1%
- Walk to work
- 0.2%
- Homes with broadband
- 92.9%
Silver Springs Shores vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Silver Springs Shores | 28,537 | $63,611 | $201,300 | $1,430 |
| Belleview | 5,805 | $57,813 | $210,200 | $1,257 |
| Ocklawaha | 1,586 | $37,894 | $189,700 | $1,542 |
| Silver Springs | 2,712 | $32,074 | $30,800 | $1,176 |
| Silver Springs Shores East | 1,777 | $59,861 | $233,100 | $1,692 |
| Ocala | 66,584 | $56,376 | $241,400 | $1,359 |
| Liberty Triangle | 24,888 | $64,943 | $275,500 | $1,711 |
| Marion Oaks | 23,972 | $72,392 | $257,700 | $1,658 |
| Lady Lake | 16,675 | $46,074 | $227,300 | $1,387 |
More for people moving to Silver Springs Shores
Silver Springs Shores ZIP code ›Weather and climate ›Living in Silver Springs Shores: FAQ
What is the median household income in Silver Springs Shores, FL?
The median household income in Silver Springs Shores is $63,611, 15% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Silver Springs Shores?
The median home value in Silver Springs Shores is $201,300, compared with $359,000 in Florida.
How much is rent in Silver Springs Shores?
The median gross rent in Silver Springs Shores is $1,430 per month, about 31.4% of household income.
Is Silver Springs Shores, FL a good place to live?
Pluses: home values 44% lower than the state median; unemployment of 3.8%. Minuses: median household income 15% lower than the Florida median; an average commute of 31 minutes; a poverty rate of 14.2%.
What is the median age in Silver Springs Shores?
The median age in Silver Springs Shores is 39.2 years (Florida: 42.6).
How long is the commute in Silver Springs Shores?
The average commute to work in Silver Springs Shores is 31 minutes; 13.6% of workers work from home.
What is the unemployment rate in Silver Springs Shores?
The unemployment rate in Silver Springs Shores is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Silver Springs Shores?
16.4% of adults in Silver Springs Shores have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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