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Silver Spring, Maryland Mortgage and Housing Information
Population: 76,540
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Silver Spring
Income
| U.S. | Maryland | Silver Spring | |
|---|---|---|---|
| Median Earnings | $27,239 | $35,593 | $36,935 |
| Median Earnings, Males | $32,396 | $41,287 | $37,709 |
| Median Earnings, Females | $22,097 | $30,435 | $36,197 |
Males earn $1,512 (4.2%) more than Females in Silver Spring.
Commuting in Silver Spring
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 22,771 |
| Carpooled | 5,508 |
| Public Transit | 9,545 |
| Bicycle | 144 |
| Walking | 1,015 |
| Other Means | 142 |
| Total, Commuted | 39,125 |
| Worked from home | 1,543 |
| Total | 40,668 |
Time Spent Commuting in Silver Spring
Time spent commuting in Silver Spring
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 302 |
| 5-9 | 1,254 |
| 10-14 | 2,612 |
| 15-19 | 3,562 |
| 20-24 | 5,077 |
| 25-29 | 3,056 |
| 30-34 | 7,953 |
| 35-39 | 1,893 |
| 40-44 | 2,521 |
| 45-59 | 6,178 |
| 60-89 | 3,790 |
| Over 90 | 927 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 2,884 | 11.4% | 2,440 | 9.7% |
| Associate Degree | 832 | 3.3% | 1,533 | 6.1% |
| Bachelor's Degree | 6,735 | 26.7% | 6,132 | 24.3% |
| Master's Degree | 3,254 | 12.9% | 4,625 | 18.3% |
| Professional Degree | 1,604 | 6.4% | 1,609 | 6.4% |
| Doctorate Degree | 1,074 | 4.3% | 967 | 3.8% |
| Total (at least some college) | 16,383 | 65.0% | 17,306 | 66.2% |
| Total over 25 | 25,216 | 100% | 26,126 | 100% |
Housing in Silver Spring
Value of Houses and Condos
| U.S. | Maryland | Silver Spring | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $334,700 | $466,700 |
Monthly Owner Costs
| U.S. | Maryland | Silver Spring | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,736 | $2,136 |
| Without a mortgage | $399 | $469 | $507 |
Tenancy in Silver Spring
| Owner-occupied homes | 14,319 |
|---|---|
| Renter-occupied homes | 15,401 |
| Homes for sale | 0 |
| Homes for rent | 0 |
| Total | 29,720 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Silver Spring (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 2,996 | 20.9% |
| First Mortgage Only | 7,644 | 53.4% |
| Second Mortgage and/or Home Equity Loan | 3,679 | 25.7% |
| Total | 14,319 | 100% |
Age of Silver Spring Residents
| Males | Females |
|---|---|
| 33 | 35 |
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