Silver Springs Shores, FL
Population 27,556 · Florida
About Silver Springs Shores, FL
Silver Springs Shores is a mid-sized city located in Florida with a population of 27,556 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,543 per year, which is 19% below the national median of $75,149. The median age of 39.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Silver Springs Shores features a median home value of $181,800, which is 26% below the national median of $244,900. This positions Silver Springs Shores in a moderately priced market relative to the rest of the country. Median monthly rent is $1,231, 6% above the national average of $1,163/month. Of the 10,959 total housing units, 76% are owner-occupied (7,691 units) and 24% are renter-occupied (2,385 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Silver Springs Shores shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.9%, above the national average of 12.4%. Workers in Silver Springs Shores have an average one-way commute time of 28 minutes.
Education & Demographics
15.4% of Silver Springs Shores residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.9% White, 3.5% Hispanic or Latino, 17.4% Black or African American, and 6.6% Asian residents, with 10.3% of the population being foreign-born.
Cost of Living in Silver Springs Shores, FL
Compared to national averages, Silver Springs Shores has a median household income of $60,543 (19% below the national median of $75,149). Home values average $181,800, which is 26% below the national median. Monthly rent at $1,231 is 6% above the US average of $1,163. Within Florida, Silver Springs Shores's income is 20% below the state average of $75,893, and home values are 49% below the state median of $353,675.
Why Live in Silver Springs Shores, FL?
Silver Springs Shores offers affordable housing with a median home value of $181,800, below the US average of $244,900, and a strong job market with an unemployment rate of just 3.3%.
Potential considerations include median household income ($60,543) that falls below the national average. However, Silver Springs Shores’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Silver Springs Shores has a population of 27,556 with a median age of 39.1 years. Compare Silver Springs Shores with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Silver Springs Shores
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| West Melbourne | 27,643 | $90,521 | $341,500 | Compare |
| Wright | 27,233 | $67,077 | $270,700 | Compare |
| Crestview | 28,046 | $69,279 | $266,500 | Compare |
| Citrus Park | 28,163 | $84,220 | $342,400 | Compare |
| Temple Terrace | 26,922 | $65,756 | $306,200 | Compare |
| Leisure City | 26,917 | $48,640 | $333,100 | Compare |
| Palm Springs | 26,871 | $59,602 | $234,500 | Compare |
| Rockledge | 28,279 | $83,009 | $305,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Silver Springs Shores With Other Cities
Frequently Asked Questions about Silver Springs Shores
What is the population of Silver Springs Shores, FL?
The population of Silver Springs Shores, FL is 27,556 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Silver Springs Shores?
The median household income in Silver Springs Shores, FL is $60,543 per year, which is 19% below the national median of $75,149.
What is the median home value in Silver Springs Shores?
The median home value in Silver Springs Shores, FL is $181,800, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Silver Springs Shores?
The median monthly rent in Silver Springs Shores, FL is $1,231, which is 6% above the national average of $1,163/month.
What is the unemployment rate in Silver Springs Shores?
The unemployment rate in Silver Springs Shores, FL is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Silver Springs Shores, FL a good place to live?
Silver Springs Shores offers a moderate cost of living, affordable housing, and a strong job market. With a population of 27,556 and a median age of 39.1, the city appeals to a broad range of residents.
How educated is Silver Springs Shores, FL?
15.4% of residents in Silver Springs Shores aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Silver Springs Shores?
Key cost-of-living indicators for Silver Springs Shores, FL: median home value is $181,800 (26% below national), median rent is $1,231/month, and median household income is $60,543. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Silver Springs Shores?
The poverty rate in Silver Springs Shores, FL is 15.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Silver Springs Shores, FL?
Silver Springs Shores's population is 0.9% White, 3.5% Hispanic or Latino, 17.4% Black or African American, 6.6% Asian, and 23.9% two or more races. 10.3% of residents are foreign-born.