Silver Spring is a larger medium-sized town located in the state of Maryland. With a population of 81,015 people and 63 associated neighborhoods, Silver Spring is the fifth largest community in Maryland. Silver Spring home prices are not only among the most expensive in Maryland, but Silver Spring real estate also consistently ranks among the most expensive in America.Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Silver Spring is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Silver Spring is a town of professionals, managers, and service providers. There are especially a lot of people living in Silver Spring who work in management occupations (11.47%), business and financial occupations (8.61%), and teaching (8.38%). Also of interest is that Silver Spring has more people living here who work in computers and math than 95% of the places in the US. Of important note, Silver Spring is also a town of artists. Silver Spring has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Silver Spring’s character. One interesting thing about the economy is that relatively large numbers of people worked from their home: 23.79% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. One downside of living in Silver Spring is that it can take a long time to commute to work. In Silver Spring, the average commute to work is 34.10 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative. Like elsewhere in America, most people in Silver Spring use a private automobile to get to work. But notably, a substantial number of Silver Spring‘s citizens do make use of public transit in their daily commute, primarily riding the subway. This helps more people get to work with less air pollution, and require fewer highways to get them there.Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Silver Spring. 59.83% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in Silver Spring in 2022 was $55,875, which is upper middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $223,500 for a family of four. However, Silver Spring contains both very wealthy and poor people as well. Silver Spring is an extremely ethnically-diverse town. The people who call Silver Spring home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Silver Spring residents report their race to be White, followed by Black or African-American. Silver Spring also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 24.97% of the town’s residents. Important ancestries of people in Silver Spring include German, Irish, Ethiopian, English, and Italian. Foreign born people are also an important part of Silver Spring's cultural character, accounting for 33.51% of the town’s population. The most common language spoken in Silver Spring is English. Other important languages spoken here include Spanish and African languages.
