Silver Spring, MD has a population of 79,483, while the median age is 35. The household income in Silver Spring, MD is around $76,608. The homeownership rate among the residents is 36%. The median residential property value in Silver Spring, MD that you should keep in mind is $477,800.
|Number Of Employees||45,569|
|Median Property Value||$477,800|
Numbers claim that the highest paid jobs in Silver Spring, MD are Legal Occupations, Computer & Mathematical Occupations, Architecture & Engineering Occupations, Computer, Engineering, Science Occupations and Management Occupations.
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Silver Spring, MD work in. The highest paid industries are Public Administration, Finance & Insurance, Professional, Scientific, Technical Services, Information and Finance & Insurance, Real Estate & Rental & Leasing.
According to latest census, Silver Spring, MD is a home for 41% white residents. The second common group is black with 28% residents. The list of the most common racial or ethnic groups is closed by latino with 19% residents.
Past year Silver Spring, MD universities awarded around 955,600 degrees. Statistics show that the population of students in Silver Spring, MD includes 477,800 female students and 477,800 male students. Silver Spring, MD offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Montgomery Beauty School with the majority of graduates. The share of the public colleges in Silver Spring, MD is n/a and 100 go to the private colleges.
Primary care physicians in Silver Spring, MD see an average of 732 patients, dentists 830 patients, metal health providers 357 patients, and other healthcare providers 1,347 patients per year.
Citizens of Silver Spring, MD travel to their offices around 33 minutes lately and drove alone to get there. The rest of the residents used public transit and carpooled.
|Rent Price||May||vs Last Month|
|1 bed rentals||$1,630||+0.4%|
|2 bed rentals||$2,190||-7.2%|
|3 bed rentals||$2,767||-0.7%|
|4+ bed rentals||$2,583||+24.4%|
Over the May 2022, the average rent for an apartment in/near Silver Spring, MD decreased by 2.9% to $2,130.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,630 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $2,190. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,767. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,583 for a big-family home.
|Rent Type Price||May||vs Last Month|
Looking at the median rent price for an apartment in Silver Spring, MD, you can note that it remains flat with a price tag of $1,821. The median rent for a house is still $3,071 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $1,993. The median rent for a loft did not face significant changes this time, it now still goes for $1,900. If you’re looking for a room, the price tag still starts at $900. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $2,628.