How many renters in Silver Springs Shores, FL pay more than 30% of their income on rent?

54.1% (±14.9 points) of renting households in Silver Springs Shores, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

39.2% spend 35% or more.

The median renting household spends 31.4% of its income on rent.

Figures last updated on .

Paying 30% or more
54.1% (±14.9 points)
Paying 35% or more
39.2% (±12.5 points)
Median share of income
31.4% (±4.2 points)

Rent as a share of income in Silver Springs Shores

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentSilver Springs ShoresMarion CountyFloridaUnited States
Less than 15%13.3% (±7.0 points)11.2%8.1%12.6%
15% to 19.9%15.5% (±9.3 points)10.1%9.3%12.2%
20% to 24.9%8.3% (±5.3 points)13.9%11.3%12.6%
25% to 29.9%8.8% (±7.4 points)12.1%11.3%11.5%
30% to 34.9%14.9% (±8.2 points)9.3%9.8%9.2%
35% or more39.2% (±12.5 points)43.4%50.2%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Silver Springs Shores against Marion County, its state and the nation

Estimate (90% margin of error)
Silver Springs ShoresMarion CountyFloridaUnited States
Paying 30% or more54.1% (±14.9 points)52.7% (±3.6 points)60.0% (±0.4 points)51.1%
Paying 35% or more39.2% (±12.5 points)43.4% (±3.1 points)50.2% (±0.4 points)41.9%
Median share of income31.4% (±4.2 points)31.4% (±1.7 points)35.2% (±0.3 points)30.6%
Median renter household income$56,996 (±$21,939)$47,492 (±$2,700)$53,617 (±$353)$52,966
Median gross rent$1,430 (±$153)$1,277 (±$42)$1,669 (±$5)$1,413

In Silver Springs Shores, the share of renters paying 30% or more of income is not measurably different from Marion County (52.7%).

It is not measurably different from Florida (60.0%).

It is not measurably different from the national figure (51.1%).

In Marion County, Silver Springs Shores ranks 7 of 17 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 539 of 843.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Silver Springs Shores

Nearest places with a published estimate, compared with Silver Springs Shores
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Silver Springs Shores—54.1% (±14.9 points)—
Belleview4.3 mi42.1% (±18.1 points)Not measurably different
Ocklawaha6.6 mi27.4% (±40.2 points)Not measurably different
Silver Springs7.8 mi73.6% (±19.4 points)Not measurably different
Silver Springs Shores East9.0 mi89.2% (±32.2 points)Not measurably different
Ocala9.4 mi60.2% (±5.6 points)Not measurably different
Liberty Triangle13 mi51.8% (±19.8 points)Not measurably different
Marion Oaks13 mi38.2% (±16.9 points)Not measurably different
Lady Lake14 mi66.0% (±12.2 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Marion County, place by place

RankPlaceRenters paying 30% or more of income
1Silver Springs Shores East89.2% (±32.2 points)
2Reddick86.1% (±54.4 points)
3Silver Springs73.6% (±19.4 points)
4Rainbow Park64.9% (±64.0 points)
5Ocala60.2% (±5.6 points)
6Dunnellon55.2% (±25.3 points)
7Silver Springs Shores54.1% (±14.9 points)
8Ocala Estates52.0% (±44.9 points)
9Liberty Triangle51.8% (±19.8 points)
10On Top of the World48.5% (±34.0 points)
11McIntosh47.8% (±94.4 points)
12Belleview42.1% (±18.1 points)
13Rainbow Springs39.4% (±40.2 points)

Showing 13 of 17 places in Marion County, ranked from highest to lowest.

Silver Springs Shores is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Silver Springs Shores

Are renters in Silver Springs Shores rent-burdened?

54.1% of renting households in Silver Springs Shores pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Silver Springs Shores spend on rent?

The median renting household in Silver Springs Shores, FL spends 31.4% (±4.2 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Silver Springs Shores CDP, Florida (place:66175, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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