Silver Springs Shores, FL

Census Place

2024 Population

28,537

US Senator

Rick Scott

Republican Party

US Senator

Ashley Moody

Republican Party

2024 Median Age

39.2

0.256% 1-year increase

2024 Poverty Rate

14.2%

10.8% 1-year decrease

2024 Median Household Income

$63,611

5.07% 1-year growth

2024 Median Property Value

Population & Diversity

Silver Springs Shores, FL is home to a population of 28.5k people, from which 95.5% are citizens.

As of 2024, 12.8% of Silver Springs Shores, FL residents were born outside of the country (3.67k people).

In 2024, there were 1.86 times more White (Non-Hispanic) residents (12.1k people) in Silver Springs Shores, FL than any other race or ethnicity. There were 6.48k Black or African American (Non-Hispanic) and 4.46k Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.5%

2024 Citizenship

97.3%

2023 Citizenship

As of 2024, 95.5% of Silver Springs Shores, FL residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Silver Springs Shores, FL was 97.3%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Silver Springs Shores, FL compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Silver Springs Shores, FL

White (Non-Hispanic)
12.1k ± 1.34k
Black or African American (Non-Hispanic)
6.48k ± 1.8k
Two Races Including Other (Hispanic)
4.46k ± 1.36k

29.3%

Hispanic Population

8.36k people

29.3% of the people in Silver Springs Shores, FL are hispanic (8.36k people).

The following chart shows the 8 races represented in Silver Springs Shores, FL as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Florida.

Most Common Origin

Cuba
1,051,839 ± 24,582 people
Haiti
364,479 ± 14,701 people
Colombia
327,463 ± 13,946 people

In 2024, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 1,051,839 Florida residents, followed by Haiti with 364,479 and Colombia with 327,463.

Foreign-Born Population

12.8%

2024 Foreign-Born Population

3.67k people

10.3%

2023 Foreign-Born Population

2.84k people

As of 2024, 12.8% of Silver Springs Shores, FL residents (3.67k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Silver Springs Shores, FL was 10.3%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Silver Springs Shores, FL compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
493 ± 254
Vietnam
349 ± 148
Gulf War (1990s)
317 ± 138

Silver Springs Shores, FL has a large population of military personnel who served in Gulf War (2001-), 1.41 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Silver Springs Shores, FL.

Economy

The economy of Silver Springs Shores, FL employs 12.8k people. In 2024, the largest industries in Silver Springs Shores, FL were Health Care & Social Assistance (2,500 people), Retail Trade (1,633 people), and Manufacturing (1,222 people), and the highest paying industries were Utilities ($83,611), Wholesale Trade ($76,711), and Finance & Insurance ($55,536).

Employment

Occupations

12.8k

2024 Value

± 1,287

8.61%

1 Year growth

± 13.3%

From 2023 to 2024, employment in Silver Springs Shores, FL grew at a rate of 8.61%, from 11.8k employees to 12.8k employees.

The most common job groups, by number of people living in Silver Springs Shores, FL, are Office & Administrative Support Occupations (1,698 people), Sales & Related Occupations (1,475 people), and Healthcare Support Occupations (970 people). This chart illustrates the share breakdown of the primary jobs held by residents of Silver Springs Shores, FL.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Florida.

This chart shows weekly unemployment insurance claims in Florida (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

12.8k

2024 Value

± 1,287

8.61%

1 Year growth

± 13.3%

From 2023 to 2024, employment in Silver Springs Shores, FL grew at a rate of 8.61%, from 11.8k employees to 12.8k employees.

The most common employment sectors for those who live in Silver Springs Shores, FL, are Health Care & Social Assistance (2,500 people), Retail Trade (1,633 people), and Manufacturing (1,222 people). This chart shows the share breakdown of the primary industries for residents of Silver Springs Shores, FL, though some of these residents may live in Silver Springs Shores, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$47,217

Median earning men ± $7,074

$34,419

Median earning women ± $2,795

The industries with the best median earnings for men in 2024 are Information ($81,086), Wholesale Trade ($58,576), and Public Administration ($55,469).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($59,417), Information ($51,373), and Construction ($50,793).

Housing & Living

The median property value in Silver Springs Shores, FL was $201,300 in 2024, which is 0.605 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $181,800 to $201,300, a 10.7% increase. The homeownership rate in Silver Springs Shores, FL is 78.5%, which is higher than the national average of 65.2%.

People in Silver Springs Shores, FL have an average commute time of 31 minutes, and they drove alone to work. Car ownership in Silver Springs Shores, FL is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$201,300

Median Property Value 2024

±$9,931

$8,173

Median Property Taxes

±$894

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Silver Springs Shores, FL the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Silver Springs Shores, FL compared to it's parent and neighbor geographies.

Rent vs Own

78.5%

Homeownership

2024

63.5%

Homeowners with Mortgage

2024

In 2024, 78.5% of the housing units in Silver Springs Shores, FL were occupied by their owner. This percentage grew from the previous year's rate of 76.3%.

This chart shows the percentage of owner in Silver Springs Shores, FL compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$63,611

Median Household Income

± $4,919

10.4k

Number of Households

± 1,000

In 2024, the median household income of the 10.4k households in Silver Springs Shores, FL grew to $63,611 from the previous year's value of $60,543.

The following chart displays the households in Silver Springs Shores, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Silver Springs Shores, FL is from Florida.

0.471

2024 Wage GINI in Florida

0.473

2023 Wage GINI in Florida

In 2024, the income inequality in Florida was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.383% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Florida was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Florida in comparison to the national average.

This chart shows the number of workers in Florida across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (69.4%)
Carpooled (16.2%)
Worked At Home (13.6%)

In 2024, 69.4% of workers in Silver Springs Shores, FL drove alone to work, followed by those who carpooled to work (16.2%) and those who worked at home (13.6%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

31 minutes

Average Travel Time

Using averages, employees in Silver Springs Shores, FL have a longer commute time (31 minutes) than the normal US worker (26.4 minutes). Additionally, 7.41% of the workforce in Silver Springs Shores, FL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Silver Springs Shores, FL compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Silver Springs Shores, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Silver Springs Shores, FL have 2 cars.

Poverty

Poverty & Diversity

14.2% of the population for whom poverty status is determined in Silver Springs Shores, FL (4.05k out of 28.5k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 55 - 64, followed by Males < 5 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Silver Springs Shores, FL is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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