Silver Spring is a small city in MD with a population of 82,463 residents. With a median home price of $489,171 (40% above the national median) and median household income of $96,138, Silver Spring is considered somewhat expensive with a price-to-income ratio of 5.1x.
The real estate market in Silver Spring features a median home price of $489,171, which is 40% higher than the U.S. national median of $350,000. Monthly rent averages $2,038, 36% above the national average. Over the past decade, rent has increased by 29%.
Silver Spring has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Silver Spring offers a median household income of $96,138, which is 37% higher than the national median of $70,000. Residents spend approximately 25% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Silver Spring is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Silver Spring compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Silver Spring is $489,171, with average monthly rent of $2,038. The median household income is $96,138, giving the city a price-to-income ratio of 5.1x.
Silver Spring has moderate affordability with a price-to-income ratio of 5.1x, close to the national average.
Silver Spring has a population of 82,463 residents, making it the #79 largest city in the United States.
Silver Spring has a violent crime rate of 435 per 100,000 residents, which is near the national average. The property crime rate is 1522 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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