Silver Spring, MD Overview

Summary

Population Growth (since 2000)19%
Population Density (ppl / mile)10,358.00
Household Size (ppl)2.436
Households w/ Children28%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency27%
Median Year in Residency2.76

Housing Inventory

Silver Spring, MD Housing Inventory 18,8052,09914,72618,8052,09914,726

Market Overview

481 listings with an estimated median price of $560,000

PriceCount
$0 - 100K2
$100K - 200K42
$200K - 300K55
$300K - 400K57
$400K - 500K49
$500K - 600K85
$600K - 700K78
$700K - 800K43
$800K - 900K20
$900K - 1M13
$1M - Max37
Property TypeCount
Single Family262
Townhouse34
Condo160
Commercial9
Rental96
Lots and Land15
Farms1

(Data as of 4/27/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Silver Spring, MD Population Demographics

Total: 82,012

Households:33,531

Median Age: 37.54

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Silver Spring, MD Temperature

Weather Risk

Silver Spring, MD Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Silver Spring, MD Education Climate Index

Highest Education Level Attained

Silver Spring, MD Highest Education Level Attained 7,8396,9602,6783,2035,24217,50112,2457,8396,9603,2035,24217,501

Employment and Finance

Workforce

Silver Spring, MD Workforce

Income by dollar range (Median Income: $77,809)

Silver Spring, MD Income by dollar range 1,6667801,0371,1531,0291,3111,1721,2391,1062,3043,4184,4633,7172,4923,8951,543663546

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,440
One Bedroom
$1,513
Two Bedroom
$1,746
Three Bedroom
$2,300
Four Bedroom
$2,855

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Silver Spring, MD Crime

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