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Silver Springs, New York Demographics & Population 2026

During the 2020–2024 ACS period, Silver Springs, New York had a total population of 558, the 1028th largest village in New York, with a median household income of $46,000, which is 46% lower than the state average. The poverty rate is 10.0%.

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 558
Median Household Income $46,000
Median Home Value $90,400
Poverty Rate 10.0%
Unemployment Rate 5.5%
Median Age 38.7 years
Homeownership Rate 68.3%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 4.4%
High School Graduation Rate 86.7%
Diversity Index 29/100
Population 558 1028th of 1,289
Median Income $46,000 bottom 10%
Poverty Rate 10.0% 20% lower than national
Median Home Value $90,400 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
Population569558-1.9%
Median household income$43,958$46,000+4.6%
Median home value$88,800$90,400+1.8%

How Silver Springs Compares

Economy & Housing

Household Income Distribution

Under $25K 17.6%
$25K-$50K 41.8%
$50K-$100K 17.3%
$100K+ 23.2%
Detailed income brackets
Under $10K
5.2%
$10K-$15K
4.9%
$15K-$20K
4.9%
$20K-$25K
2.6%
$25K-$30K
14.4%
$30K-$35K
0.0%
$35K-$40K
6.5%
$40K-$45K
6.9%
$45K-$50K
14.1%
$50K-$60K
4.3%
$60K-$75K
6.2%
$75K-$100K
6.9%
$100K-$125K
9.2%
$125K-$150K
4.9%
$150K-$200K
9.2%
$200K+
0.0%

Employment

5.5% Unemployment Rate State: 6.4%|National: 5.2%
67.8% Labor Force Participation

Housing Overview

Owner 68.3%
Renter 31.7%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $729/mo 19.0% of median household income annually

People & Demographics

Diversity Index

29out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Silver Springs Rankings in New York

#1028 Population of 1,289
#1158 Median Income of 1,219
#1270 Education of 1,288
#1187 Home Value of 1,232

Other Cities in Wyoming County

CityPopulationMedian IncomePovertyHome Value
Perry 3,871 $63,291 10.0% $120,700
Warsaw 3,048 $55,406 22.4% $105,100
Arcade 1,915 $58,695 17.7% $172,300
Castile 805 $54,286 16.7% $141,400
Strykersville 665 $74,615 8.3% $185,700
Bliss 447 $50,104 23.0% $136,100
Wyoming 414 $75,500 11.1% $136,500
Gainesville 224 $64,750 5.9% $88,900
Pike 199 $70,455 10.1% $141,300

Cities Similar to Silver Springs

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Sinclairville557$48,214$107,30018.7%15.8%
Barker590N/A$175,00013.4%29.7%
Sherman590$46,346$109,50019.1%20.0%
Oriskany Falls600$46,375$115,00019.7%14.6%
South Dayton543$40,000$67,30010.4%35.6%

A note before these figures: with a population of 558, Silver Springs's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Silver Springs is a small community located in New York, within Wyoming County. The total population is 558. It ranks as the 1028th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Silver Springs is 38.7 years. This is 3% lower than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Silver Springs is $46,000. This is 46% lower than the state median of $85,974. It is also 43% lower than the national median of $80,734. The poverty rate stands at 10.0%. This is 29% lower than the state poverty rate of 14.0%. The unemployment rate is 5.5%. This is 13% lower than the state rate of 6.4%. The median home value is $90,400. Housing costs are 79% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.0x, Silver Springs is one of the most affordable housing markets in the area. 68.3% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 54.4%.

Race & Ethnicity

The largest racial or ethnic group in Silver Springs is White (non-Hispanic), making up 83.3% of the population. Hispanic or Latino residents account for 10.6%. The White (non-Hispanic) population is significantly higher than the state average (83.3% vs 52.8%).

Education

4.4% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 89% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.7%.

Data Sources & Methodology

All demographic data for Silver Springs, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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, New York?

Silver Springs, New York has a population of 558 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Silver Springs is $46,000, which is 43% lower than the national median of $80,734.

What is the poverty rate in Silver Springs, NY?

The poverty rate in Silver Springs is 10.0%. This means approximately 55 residents live below the federal poverty line.

What is the racial makeup of Silver Springs, New York?

Silver Springs's population is 83.3% White, 0.0% Black, 10.6% Hispanic/Latino, and 5.2% Asian.

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

The median home value in Silver Springs is $90,400. The home-value-to-income ratio is 2.0x.

How educated is Silver Springs, New York?

4.4% of adults (25+) in Silver Springs hold a bachelor's degree or higher, and 2.4% hold a graduate or professional degree.