Silver Springs, NY
Population 569 · New York
About Silver Springs, NY
Silver Springs is a small community in New York with a population of 569 residents. The median household income is $43,958 per year, which is below the national average. The median age in Silver Springs is 38.3 years.
Housing in Silver Springs has a median home value of $88,800 and median monthly rent of $742. Of the 322 total housing units, the majority are owner-occupied, with 197 owner-occupied and 97 renter-occupied units.
The unemployment rate in Silver Springs is 5.5% and the poverty rate is 9.8%. 5.1% of residents hold a bachelor's degree or higher. The average commute time is 18.3 minutes.
Cost of Living in Silver Springs, NY
Compared to national averages, Silver Springs has a median household income of $43,958 (42% below the national median of $75,149). Home values average $88,800, which is 64% below the national median. Monthly rent at $742 is 36% below the US average of $1,163. Within New York, Silver Springs's income is 55% below the state average of $96,987, and home values are 77% below the state median of $387,181.
Why Live in Silver Springs, NY?
Silver Springs offers affordable housing with a median home value of $88,800, below the US average of $244,900, and rent that’s lower than the national average at $742/month, and a low poverty rate of 9.8%, better than the national average. Additionally, the city features short commute times averaging just 18.3 minutes.
Potential considerations include median household income ($43,958) that falls below the national average. However, Silver Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Silver Springs has a population of 569 with a median age of 38.3 years. Compare Silver Springs with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Silver Springs
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| West Chazy | 572 | $90,132 | $0 | Compare |
| Brasher Falls | 564 | $41,354 | $120,000 | Compare |
| Edwards | 564 | $75,547 | $71,900 | Compare |
| Hammondsport | 564 | $70,521 | $189,200 | Compare |
| Fonda | 562 | $54,375 | $100,000 | Compare |
| Wampsville | 562 | $75,833 | $158,400 | Compare |
| Au Sable Forks | 559 | $53,352 | $168,800 | Compare |
| Roscoe | 558 | $72,885 | $202,600 | Compare |
Demographics
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Economy & Education
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Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Silver Springs
What is the population of Silver Springs, NY?
The population of Silver Springs, NY is 569 according to the latest Census data.
What is the median household income in Silver Springs?
The median household income in Silver Springs, NY is $43,958 per year.
What is the median home value in Silver Springs?
The median home value in Silver Springs, NY is $88,800.
What is the average rent in Silver Springs?
The median monthly rent in Silver Springs, NY is $742.
What is the unemployment rate in Silver Springs?
The unemployment rate in Silver Springs, NY is 5.5%.