What percentage of people rent in Silver Springs, NV?
15.2% (±6.7 points) of the occupied homes in Silver Springs, NV are rented (2020–2024 American Community Survey).
That is 349 renting households against 1,951 that own their home.
In Silver Springs, the share of households that rent went from 25.4% in 2015–2019 to 15.2% in 2020–2024 (−10.2 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 15.2% (±6.7 points)
- Renting households
- 349 (±161)
- Median renter income
- $36,508 (±$2,439)
Who rents and who owns in Silver Springs
| Silver Springs | Lyon County | Nevada | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.2% (±6.7 points) | 23.3% (±2.2 points) | 40.0% (±0.4 points) | 34.8% |
| Renting households | 349 (±161) | 5,543 (±548) | 481,396 (±4,263) | 45,017,354 |
| Owning households | 1,951 (±269) | 18,202 (±541) | 721,197 (±4,966) | 84,210,142 |
| Average renter household size | 2.6 (±0.7) | 2.6 (±0.2) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.2) | 2.6 (±0.1) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $36,508 (±$2,439) | $53,615 (±$6,321) | $55,456 (±$849) | $52,966 |
| Median owner household income | $54,607 (±$10,446) | $90,029 (±$5,789) | $98,778 (±$905) | $100,009 |
In Silver Springs, the renter share is lower than in Lyon County (23.3%).
It is also lower than in Nevada (40.0%).
It is lower than the national figure (34.8%).
In Lyon County, Silver Springs ranks 6 of 6 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 50 of 67.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Silver Springs has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 25.4% (±6.8 points) | 15.2% (±6.7 points) | −10.2 percentage points | Measurable decrease |
| Median gross rent | $1,020 (±$160) | $1,201 (±$179) | +17.7% | No measurable change after inflation |
| Median household income | $42,922 (±$6,664) | $48,944 (±$10,806) | +14.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Silver Springs
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Silver Springs | — | 15.2% (±6.7 points) | — |
| Stagecoach | 9.1 mi | 18.2% (±10.4 points) | Not measurably different |
| Fernley | 13 mi | 28.0% (±4.0 points) | Higher |
| Dayton | 19 mi | 20.1% (±4.9 points) | Not measurably different |
| Fallon | 24 mi | 49.3% (±7.2 points) | Higher |
| Fallon Station | 27 mi | 100.0% (±14.7 points) | Higher |
| Sparks | 30 mi | 40.2% (±1.8 points) | Higher |
| Yerington | 30 mi | 28.1% (±10.5 points) | Higher |
| Spanish Springs | 31 mi | 8.1% (±2.4 points) | Not measurably different |
Nearby places with a measurably higher figure: Fernley, NV (28.0%), Fallon, NV (49.3%), Fallon Station, NV (100.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Lyon County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Yerington | 28.1% (±10.5 points) |
| 2 | Fernley | 28.0% (±4.0 points) |
| 3 | Dayton | 20.1% (±4.9 points) |
| 4 | Stagecoach | 18.2% (±10.4 points) |
| 5 | Smith Valley | 15.4% (±10.8 points) |
| 6 | Silver Springs | 15.2% (±6.7 points) |
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.
What you can do on Seayora in Silver Springs
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Questions about Silver Springs
How many renters are there in Silver Springs?
Silver Springs has an estimated 349 (±161) renting households, 15.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Silver Springs?
In Silver Springs, the share of households that rent went from 25.4% in 2015–2019 to 15.2% in 2020–2024 (−10.2 percentage points), a measurable decrease.
How big are renting households in Silver Springs?
A renting household in Silver Springs has 2.6 people on average, against 2.1 in an owned home.
How much do renters earn in Silver Springs?
The median renting household in Silver Springs, NV has an income of $36,508 (±$2,439) a year, against $54,607 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Springs CDP, Nevada
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Silver Springs CDP, Nevada
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Silver Springs CDP, Nevada
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Silver Springs CDP, Nevada
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Silver Springs CDP, Nevada
- 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, Nevada (place:67200, in state:32).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
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- Median rent in Silver Springs
- Rent by bedrooms in Silver Springs
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- Income and affordability in Silver Springs
- Home values in Silver Springs
- Homeowner costs in Silver Springs
- Property taxes in Silver Springs
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- Age of homes in Silver Springs
- Heating fuel in Silver Springs
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- Population growth in Silver Springs
- How long people stay in Silver Springs
- Crowding and facilities in Silver Springs
- Nevada landlord and tenant rules
- Housing across Lyon County
- Nevada places ranked by share of renters
- Housing data for every place in Nevada