Silver Springs, AK
Population 66 · Alaska
About Silver Springs, AK
Silver Springs is a small community located in Alaska with a population of 66 residents according to the latest US Census Bureau American Community Survey data. The median household income is $130,208 per year, which is 73% above the national median of $75,149. The median age of 56.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Silver Springs features a median home value of $269,600, which is 10% above the national median of $244,900. This positions Silver Springs in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 40 total housing units, 100% are owner-occupied (27 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Silver Springs shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Silver Springs have an average one-way commute time of 42 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
43.6% of Silver Springs residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 12.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Silver Springs Ranks in Alaska
Cost of Living in Silver Springs, AK
Compared to national averages, Silver Springs has a median household income of $130,208 (73% above the national median of $75,149). Home values average $269,600, which is 10% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Alaska, Silver Springs's income is 92% above the state average of $67,815, and home values are 32% above the state median of $203,729.
Why Live in Silver Springs, AK?
Silver Springs offers a strong local economy with a median household income of $130,208, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 43.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average.
Silver Springs has a population of 66 with a median age of 56.3 years. Compare Silver Springs with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Silver Springs
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Excursion Inlet | 66 | $0 | $0 | Compare |
| South Naknek | 66 | $51,250 | $104,200 | Compare |
| Nightmute | 67 | $61,071 | $9,999 | Compare |
| Takotna | 67 | $62,875 | $131,300 | Compare |
| Eagle Village | 64 | $35,938 | $231,300 | Compare |
| Igiugig | 68 | $81,250 | $345,500 | Compare |
| Twin Hills | 68 | $46,250 | $55,000 | Compare |
| Whale Pass | 64 | $32,500 | $241,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alaska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Silver Springs With Other Cities
Frequently Asked Questions about Silver Springs
What is the population of Silver Springs, AK?
The population of Silver Springs, AK is 66 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Alaska.
What is the median household income in Silver Springs?
The median household income in Silver Springs, AK is $130,208 per year, which is 73% above the national median of $75,149.
What is the median home value in Silver Springs?
The median home value in Silver Springs, AK is $269,600, which is 10% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Silver Springs?
The median monthly rent in Silver Springs, AK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Silver Springs?
The unemployment rate in Silver Springs, AK is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Silver Springs, AK a good place to live?
Silver Springs offers above-average incomes, a competitive housing market, and a strong job market. With a population of 66 and a median age of 56.3, the city appeals to established professionals and retirees.
How educated is Silver Springs, AK?
43.6% of residents in Silver Springs aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Silver Springs?
Key cost-of-living indicators for Silver Springs, AK: median home value is $269,600 (10% above national), median rent is $0/month, and median household income is $130,208. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Silver Springs?
The poverty rate in Silver Springs, AK is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Silver Springs, AK?
Silver Springs's population is 0.0% White, 12.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.