What is the median household income in Silver Spring Township, PA?
The median household income in Silver Spring Township, PA is $125,102 (±$4,837) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,611 a month would take about $64,400 a year at the common guideline of spending no more than 30% of income on rent.
In Silver Spring Township, the median household income went from $84,710 in 2015–2019 to $125,102 in 2020–2024 (+47.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $125,102 (±$4,837)
- Median renter income
- $97,159 (±$37,619)
- Income to afford median rent
- about $64,400
Income in Silver Spring Township against Cumberland County, its state and the nation
| Silver Spring Township | Cumberland County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $125,102 (±$4,837) | $87,494 (±$2,786) | $77,971 (±$342) | $80,734 |
| Median renter household income | $97,159 (±$37,619) | $56,464 (±$2,606) | $47,506 (±$425) | $52,966 |
| Median owner household income | $127,385 (±$3,941) | $104,998 (±$3,088) | $95,990 (±$362) | $100,009 |
| Median gross rent | $1,611 (±$340) | $1,249 (±$36) | $1,209 (±$5) | $1,413 |
In Silver Spring Township, median household income is higher than in Cumberland County ($87,494).
It is also higher than in Pennsylvania ($77,971).
It is higher than the national figure ($80,734).
In Cumberland County, Silver Spring Township ranks 1 of 33 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 122 of 2,545.
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 Spring Township
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 $1,611 a month ($19,332 a year) needs an income of about $64,400 a year.
The median renting household in Silver Spring Township earns $97,159 a year.
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.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $84,710 (±$7,275) | $125,102 (±$4,837) | +47.7% | Up after inflation |
| Median gross rent | $1,511 (±$95) | $1,611 (±$340) | +6.6% | No measurable change after inflation |
| Median home value | $252,600 (±$11,968) | $388,500 (±$21,289) | +53.8% | Up 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.
Median household income in places near Silver Spring Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Silver Spring Township | — | $125,102 (±$4,837) | — |
| Mechanicsburg | 3.8 mi | $84,421 (±$13,519) | Lower |
| Hampden Township | 4.0 mi | $105,434 (±$4,767) | Lower |
| Middlesex Township (Cumberland County) | 4.1 mi | $76,833 (±$14,766) | Lower |
| Rye Township | 5.2 mi | $102,159 (±$18,261) | Lower |
| Shiremanstown | 5.7 mi | $75,260 (±$5,655) | Lower |
| Upper Allen Township | 6.3 mi | $99,197 (±$9,095) | Lower |
| Monroe Township (Cumberland County) | 6.4 mi | $124,443 (±$19,211) | Not measurably different |
| East Pennsboro Township | 6.8 mi | $83,388 (±$9,334) | Lower |
Nearby places with a measurably lower figure: Mechanicsburg, PA ($84,421), Hampden Township, PA ($105,434), Middlesex Township (Cumberland County), PA ($76,833).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cumberland County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Silver Spring Township | $125,102 (±$4,837) |
| 2 | Monroe Township (Cumberland County) | $124,443 (±$19,211) |
| 3 | Camp Hill | $115,761 (±$10,154) |
| 4 | Hampden Township | $105,434 (±$4,767) |
| 5 | Dickinson Township | $104,716 (±$35,291) |
| 6 | Cooke Township | $103,750 (±$18,093) |
| 7 | Newburg (Cumberland County) | $103,005 (±$5,203) |
Showing 7 of 33 places in Cumberland County, ranked from highest to lowest.
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 Spring Township
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Questions about Silver Spring Township
What is the median household income in Silver Spring Township?
The median household income in Silver Spring Township is $125,102 (±$4,837) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Silver Spring Township?
About $64,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,611 a month.
Have incomes in Silver Spring Township kept up with inflation?
In Silver Spring Township, the median household income went from $84,710 in 2015–2019 to $125,102 in 2020–2024 (+47.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Silver Spring Township?
The median renting household in Silver Spring Township, PA earns $97,159 (±$37,619) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Silver Spring township, Cumberland County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Silver Spring township, Cumberland County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Spring township, Cumberland County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Silver Spring township, Cumberland County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Silver Spring township, Cumberland County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Silver Spring township, Cumberland County, Pennsylvania
- 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 Spring township, Cumberland County, Pennsylvania (county subdivision:70792, in state:42 county:041).
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
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- Vacancy rate in Silver Spring Township
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- Population growth in Silver Spring Township
- How long people stay in Silver Spring Township
- Crowding and facilities in Silver Spring Township
- Fair Market Rent in Silver Spring Township
- Pennsylvania landlord and tenant rules
- Housing across Cumberland County
- Pennsylvania places ranked by median household income
- Housing data for every place in Pennsylvania