What is the median household income in Silver Springs, FL?
The median household income in Silver Springs, FL is $32,074 (±$8,146) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,176 a month would take about $47,000 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $32,074 (±$8,146)
- Median renter income
- $30,922 (±$2,931)
- Income to afford median rent
- about $47,000
Income in Silver Springs against Marion County, its state and the nation
| Silver Springs | Marion County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $32,074 (±$8,146) | $61,010 (±$1,361) | $74,568 (±$284) | $80,734 |
| Median renter household income | $30,922 (±$2,931) | $47,492 (±$2,700) | $53,617 (±$353) | $52,966 |
| Median owner household income | $50,329 (±$20,592) | $65,212 (±$1,593) | $88,144 (±$469) | $100,009 |
| Median gross rent | $1,176 (±$90) | $1,277 (±$42) | $1,669 (±$5) | $1,413 |
In Silver Springs, median household income is lower than in Marion County ($61,010).
It is also lower than in Florida ($74,568).
It is lower than the national figure ($80,734).
In Marion County, Silver Springs ranks 15 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 837 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Silver Springs
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,176 a month ($14,112 a year) needs an income of about $47,000 a year.
The median renting household in Silver Springs earns $30,922 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Median household income in places near Silver Springs
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Silver Springs | — | $32,074 (±$8,146) | — |
| Ocala | 6.4 mi | $56,376 (±$3,924) | Higher |
| Silver Springs Shores | 7.8 mi | $63,611 (±$4,919) | Higher |
| Belleview | 11 mi | $57,813 (±$12,197) | Higher |
| Liberty Triangle | 14 mi | $64,943 (±$7,214) | Higher |
| Ocklawaha | 14 mi | $37,894 (±$13,284) | Not measurably different |
| Silver Springs Shores East | 16 mi | $59,861 (±$26,008) | Higher |
| On Top of the World | 16 mi | $60,670 (±$5,759) | Higher |
| Marion Oaks | 17 mi | $72,392 (±$5,173) | Higher |
Nearby places with a measurably higher figure: Ocala, FL ($56,376), Silver Springs Shores, FL ($63,611), Belleview, FL ($57,813).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Marion County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 9 | Rainbow Springs | $57,161 (±$8,424) |
| 10 | Ocala | $56,376 (±$3,924) |
| 11 | Rainbow Lakes Estates | $50,429 (±$15,927) |
| 12 | Lake Kerr | $42,411 (±$7,080) |
| 13 | Dunnellon | $40,545 (±$9,930) |
| 14 | Ocklawaha | $37,894 (±$13,284) |
| 15 | Silver Springs | $32,074 (±$8,146) |
Showing 7 of 15 places in Marion County, ranked from highest to lowest.
Silver Springs 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), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Silver Springs
What is the median household income in Silver Springs?
The median household income in Silver Springs is $32,074 (±$8,146) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Silver Springs?
About $47,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,176 a month.
What do renters earn in Silver Springs?
The median renting household in Silver Springs, FL earns $30,922 (±$2,931) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Silver Springs CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Silver Springs CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Springs CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Silver Springs CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Silver Springs CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Silver Springs CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 CDP, Florida (place:66125, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 .
Related
- Housing in Silver Springs at a glance
- Median rent in Silver Springs
- Rent by bedrooms in Silver Springs
- Rent burden in Silver Springs
- Renters and owners in Silver Springs
- Home values in Silver Springs
- Property taxes in Silver Springs
- Bedrooms in Silver Springs
- Vacancy rate in Silver Springs
- Heating fuel in Silver Springs
- Commute and cars in Silver Springs
- Florida landlord and tenant rules
- Housing across Marion County
- Florida places ranked by median household income
- Housing data for every place in Florida