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Silver Spring, MD&

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Population
78,038
0.75% growth
Median Age
34.8
Median Household Income
$72,790
0.13% decline
Poverty Rate
11.7%
Number of Employees
45,295
1.12% growth
Median Property Value
$469,800
3.43% growth

Economy

The economy of Silver Spring, MD employs 45,295 people. The economy of Silver Spring, MD is specialized in Public Admin.; Professional, Scientific, Tech Services; and Other services, except public administration, which employ respectively 2.56; 2; and 1.82 times more people than what would be expected in a location of this size. The largest industries in Silver Spring, MD are Professional, Scientific, Tech Services (6,443), Healthcare & Social Assistance (5,484), and Public Admin. (5,429), and the highest paying industries are Professional, Scientific, Tech Services ($67,778), Finance & Insurance ($61,654), and Educational Services ($49,340).

Median household income in Silver Spring, MD is $72,790. Males in Silver Spring, MD have an average income that is 1.19 times higher than the average income of females, which is $66,763. The income inequality of Silver Spring, MD (measured using the Gini index) is 0.478 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Silver Spring, MD. In Montgomery County, MD the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 138 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,492. Baltimore city, MD has the highest prevalence of homicides of any county in Maryland.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Silver Spring, MD is from the county of Montgomery County, MD.

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Diversity

Silver Spring, MD is home to a population of 78,038 people, from which 76.7% are citizens. The ethnic composition of the population of Silver Spring, MD is composed of 26,419 White residents (33.9%), 22,124 Hispanic residents (28.4%), 20,543 Black residents (26.3%), 6,197 Asian residents (7.94%), and 2,478 Two+ residents (3.18%). The most common foreign languages in Silver Spring, MD are Spanish (17,803 speakers), African Languages (5,335 speakers), and French (2,475 speakers), but compared to other places, Silver Spring, MD has a relative high number of African Languages (5,335 speakers), French (2,475 speakers), and French Creole (691 speakers).

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Education

In 2015 universities in Silver Spring, MD awarded 56 degrees. The student population of Silver Spring, MD is skewed N/A females, with 0 male students and 56 female students. Most students in Silver Spring, MD are Black or African American (43 and 76.8%), followed by Hispanic or Latino (12 and 21.4%), White (1 and 1.79%), and Two or more races (0 and N/A). The largest universities in Silver Spring, MD by number of graduates are Montgomery Beauty School (56 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Silver Spring, MD are General Cosmetology (56 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The median tuition costs in Silver Spring, MD are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Silver Spring, MD is $469,800, which is 2.29 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $454,200 to $469,800, a 3.43% increase. The homeownership rate of Silver Spring, MD is 35.7%, which is lower than the national average of 63.6%. People in Silver Spring, MD have an average commute time of 32.8 minutes, and they commute by Drove Alone. Car ownership in Silver Spring, MD is lower than the national average, with an average of 1 car per household.

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Keep Exploring

United States
nation
Maryland
state
Montgomery County, MD
county
Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area
metropolitan statistical area
Montgomery County (Southeast)--Takoma Park City & Silver Spring PUMA
public use microdata area
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