Silver Hill, MD
Population 5,068 · Maryland
About Silver Hill, MD
Silver Hill is a small town located in Maryland with a population of 5,068 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,566 per year, which is 18% below the national median of $75,149. The median age of 43 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 Hill features a median home value of $283,900, which is 16% above the national median of $244,900. This positions Silver Hill in a moderately priced market relative to the rest of the country. Median monthly rent is $1,569, 35% above the national average of $1,163/month. Of the 2,923 total housing units, 19% are owner-occupied (488 units) and 81% are renter-occupied (2,117 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Silver Hill shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Silver Hill have an average one-way commute time of 34.6 minutes.
Education & Demographics
18.9% of Silver Hill 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 0.0% White, 1.5% Hispanic or Latino, 0.0% Black or African American, and 3.4% Asian residents, with 5.1% of the population being foreign-born.
Cost of Living in Silver Hill, MD
Compared to national averages, Silver Hill has a median household income of $61,566 (18% below the national median of $75,149). Home values average $283,900, which is 16% above the national median. Monthly rent at $1,569 is 35% above the US average of $1,163. Within Maryland, Silver Hill's income is 43% below the state average of $107,956, and home values are 29% below the state median of $402,447.
Why Live in Silver Hill, MD?
Potential considerations include median household income ($61,566) that falls below the national average. However, Silver Hill’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Silver Hill has a population of 5,068 with a median age of 43 years. Compare Silver Hill with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Silver Hill
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Middletown | 5,108 | $159,342 | $545,100 | Compare |
| West Ocean City | 5,124 | $93,776 | $418,700 | Compare |
| Hampton | 5,138 | $171,969 | $592,700 | Compare |
| Berlin | 5,161 | $78,883 | $345,100 | Compare |
| Deale | 5,182 | $123,176 | $407,400 | Compare |
| Hillandale | 4,901 | $159,118 | $509,900 | Compare |
| Cresaptown | 5,238 | $53,804 | $148,400 | Compare |
| Denton | 4,879 | $63,769 | $234,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Silver Hill With Other Cities
Frequently Asked Questions about Silver Hill
What is the population of Silver Hill, MD?
The population of Silver Hill, MD is 5,068 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Maryland.
What is the median household income in Silver Hill?
The median household income in Silver Hill, MD is $61,566 per year, which is 18% below the national median of $75,149.
What is the median home value in Silver Hill?
The median home value in Silver Hill, MD is $283,900, which is 16% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Silver Hill?
The median monthly rent in Silver Hill, MD is $1,569, which is 35% above the national average of $1,163/month.
What is the unemployment rate in Silver Hill?
The unemployment rate in Silver Hill, MD is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Silver Hill, MD a good place to live?
Silver Hill offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 5,068 and a median age of 43, the city appeals to a broad range of residents.
How educated is Silver Hill, MD?
18.9% of residents in Silver Hill 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 Hill?
Key cost-of-living indicators for Silver Hill, MD: median home value is $283,900 (16% above national), median rent is $1,569/month, and median household income is $61,566. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Silver Hill?
The poverty rate in Silver Hill, MD is 13.2%, 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 Hill, MD?
Silver Hill's population is 0.0% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 3.4% Asian, and 91.6% two or more races. 5.1% of residents are foreign-born.