Silver Spring, MD Profile: Facts & Data

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Silver Spring, Maryland - Basic Facts

The Silver Spring CDP(1) had a population of 77,395 as of July 1, 2021. Silver Spring ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Maryland. See peer rankings below.

The primary coordinate point for Silver Spring is located at latitude 38.9907 and longitude -77.0261 in Montgomery County. The formal boundaries for the Silver Spring Census Designated Place encompass a land area of 7.89 sq. miles and a water area of 0.03 sq. miles. Montgomery County is in the Eastern time zone (GMT -5). The elevation is 341 feet.

The Silver Spring Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Silver Spring Census Designated Place is located within District 13, a minor civil division (MCD) of Montgomery County.

Alternate Unofficial Names for Silver Spring: Silver Springs Station.

  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Silver Spring 2021 Demographic Data
  2. Growth Rates for Silver Spring (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Maryland Research Tools (Easy Tools & Current Data)
  3. Maryland Data Comparison Tool - 2021 Demographics
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Silver Spring, MD Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 77,395 (100%)
Population in Households 77,022 (99.5%)
Population in Families 53,216 (68.8%)
Population in Group Quarters1 373 ( 0.5%)
Population Density 9,816
Diversity Index2 85
 
 

INCOME

Median Household Income $82,735
Average Household Income $114,316
% of Income for Mortgage4 28%
Per Capita Income $47,038
Wealth Index5 113
 

HOUSING

Total HU (Housing Units) 33,828 (100%)
Owner Occupied HU 11,501 (34.0%)
Renter Occupied HU 20,349 (60.2%)
Vacant Housing Units 1,978 ( 5.8%)
Median Home Value $543,278
Average Home Value $558,918
Housing Affordability Index3 85
 

HOUSEHOLDS

Total Households 31,850
Average Household Size 2.42
Family Households 16,635
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.71% 1.1%
Households 0.96% 1.41%
Families 0.52% 0.92%
Median Household Income   1.79%
Per Capita Income   2.35%
Owner Occupied HU   0.72%

Silver Spring, MD - Peer Comparisons by Rank and Percentile

The table below compares Silver Spring to the other 518 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 5 99th
Population Density # 6 99th
Median Household Income # 242 53rd
Housing Affordability Index # 65 13th
Per Capita Income # 149 71st
Diversity Index # 23 96th

Additional comparisons and rankings can be made with a VERY EASY TO USE Maryland Census Data Comparison Tool.

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