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Silver Springs, Florida Demographics & Population 2026

High PovertyPoverty rate of 29.8% is well above the state average
Very AffordableHome value to income ratio of 1.0x is exceptionally low

During the 2020–2024 ACS period, Silver Springs, Florida had a total population of 2,712, the 625th largest community in Florida, with a median household income of $32,074, which is 57% lower than the state average. The poverty rate is 29.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Silver Springs Quick Facts

Population 2,712
Median Household Income $32,074
Median Home Value $30,800
Poverty Rate 29.8%
Unemployment Rate 0.0%
Median Age 32.0 years
Homeownership Rate 40.4%
Affordability Ratio 1.0x
Bachelor's Degree or Higher 16.1%
High School Graduation Rate 85.6%
Diversity Index 63/100
Population 2,712 625th of 955
Median Income $32,074 bottom 10%
Poverty Rate 29.8% 139% higher than national
Median Home Value $30,800 bottom 10%

How Silver Springs Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,6402,712+2.7%
Median household income$32,228$32,074-0.5%

How Silver Springs Compares

Economy & Housing

Household Income Distribution

Under $25K 21.8%
$25K-$50K 42.1%
$50K-$100K 20.9%
$100K+ 15.2%
Detailed income brackets
Under $10K
1.5%
$10K-$15K
2.6%
$15K-$20K
12.6%
$20K-$25K
5.1%
$25K-$30K
7.8%
$30K-$35K
24.6%
$35K-$40K
5.5%
$40K-$45K
1.1%
$45K-$50K
3.1%
$50K-$60K
14.7%
$60K-$75K
4.7%
$75K-$100K
1.5%
$100K-$125K
1.4%
$125K-$150K
3.3%
$150K-$200K
5.8%
$200K+
4.8%

Employment

0.0% Unemployment Rate State: 4.8%|National: 5.2%
60.3% Labor Force Participation

Housing Overview

Owner 40.4%
Renter 59.6%
Affordability Index Very Affordable
1.0x home value to income ratio
Median gross rent $1,176/mo 44.0% of median household income annually

People & Demographics

Diversity Index

63out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 61

Education

Silver Springs Rankings in Florida

#625 Population of 955
#900 Median Income of 911
#732 Education of 955
#900 Home Value of 901

Other Cities in Marion County

CityPopulationMedian IncomePovertyHome Value
The Villages 83,498 $77,622 4.7% $400,100
Ocala 66,584 $56,376 21.1% $241,400
Silver Springs Shores 28,537 $63,611 14.2% $201,300
Liberty Triangle 24,888 $64,943 8.6% $275,500
Marion Oaks 23,972 $72,392 10.2% $257,700
On Top of the World 16,007 $60,670 7.0% $303,900
Rainbow Springs 6,082 $57,161 9.3% $310,600
Belleview 5,805 $57,813 16.8% $210,200
Rainbow Lakes Estates 3,762 $50,429 11.9% $160,400
Dunnellon 2,216 $40,545 18.6% $168,200

Cities Similar to Silver Springs

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Dade City North2,803$32,277$185,9002.5%41.4%
Madison2,967$30,673$78,50013.6%34.8%
Bonifay2,797$40,896$142,10013.2%22.1%
Eatonville2,290$32,768$204,20012.6%28.2%
Tropical Park2,355$35,732$307,10017.0%38.0%

Population Overview

Silver Springs is a small community located in Florida, within Marion County. The total population is 2,712. It ranks as the 625th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Silver Springs is 32.0 years. This is 25% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Silver Springs is $32,074. This is 57% lower than the state median of $74,568. It is also 60% lower than the national median of $80,734. The poverty rate stands at 29.8%. This is 137% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The survey records no unemployed residents in Silver Springs, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $30,800. Housing costs are 91% lower than the state median of $359,000. With a home-value-to-income ratio of just 1.0x, Silver Springs is one of the most affordable housing markets in the area. 40.4% of occupied housing units are owner-occupied. This homeownership rate is 40% lower than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Silver Springs is White (non-Hispanic), making up 50.4% of the population. Black or African American residents account for 31.2%. The Black or African American population is significantly higher than the state average (31.2% vs 14.6%). The Hispanic or Latino population (11.3%) is well below the state average of 27.4%.

Education

16.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.6%.

Data Sources & Methodology

All demographic data for Silver Springs, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Silver Springs, Florida?

Silver Springs, Florida has a population of 2,712 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Silver Springs, FL?

The median household income in Silver Springs is $32,074, which is 60% lower than the national median of $80,734.

What is the poverty rate in Silver Springs, FL?

The poverty rate in Silver Springs is 29.8%. This means approximately 768 residents live below the federal poverty line.

What is the racial makeup of Silver Springs, Florida?

Silver Springs's population is 50.4% White, 31.2% Black, 11.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Silver Springs, FL?

The median home value in Silver Springs is $30,800. The home-value-to-income ratio is 1.0x.

How educated is Silver Springs, Florida?

16.1% of adults (25+) in Silver Springs hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.