Silver Spring Maryland Real Estate
Silver Spring, Maryland, is located in Montgomery County, of , and 9 miles N of Washington, District of Columbia. Silver Spring has a population of 76,540.
Silver Spring Homes
Silver Spring properties pool is 30,403 residential properties including Silver Spring new homes. Median age of real estate in Silver Spring is 1957. Average Household size is 3.21 people. 5% are one bedroom homes, 17% are 2 bedroom homes, 50% are 3 bedroom homes, 22% are 4 bedroom homes, and 5% are 5+ bedroom homes.
Silver Spring Mortgage Statistics
Silver Spring mortgages vs. USA median statistics
| Homes |
Silver Spring |
USA |
| Homes With No Mortgage |
21% |
30% |
| Homes With Mortgage |
79% |
70% |
| First Mortgage Only |
61% |
54% |
| First & Second Mortgage or HELOC |
18% |
16% |
Silver Spring Area Real Estate Tax
Silver Spring Real estate Tax: Median Real Estate Taxes (2000) were $2,219 comparing to 1999 Median Family income $ 60,631. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Silver Spring School District: Children make up 23% of Silver Spring population. Silver Spring has 17,567 under 18 years old residents, or 0.43 kids per one worker, or 0.58 kids per one household.
Silver Spring Real Estate & Silver Spring Homeownership
There are 10032.99 or 33% one person households, 8816.87 or 29% two person households, and 4560.45 or 15% three person households in Silver Spring, Maryland. Median residents age is 34.2, Senior citizens (65+) make up 7,355 or 9.6%% of Silver Spring population.
There are 40,668 workers (over 16 years of age) in Silver Spring. Of these, 69.54% drive to work. Approximately 23.47% of workers in Silver Spring take public transportation. An estimated 2.5% walk to work.
Median Silver Spring homeowner's housing expences are 18.8%
Crime in Silver Spring (2003), crimes per 10,000 residents per year
| Type of Crime |
Silver Spring |
USA, 2003 |
| Violent Crimes |
NaN |
47.5 |
| Robberies |
NaN |
14.2 |
| Aggravated Assaults |
NaN |
29.5 |
| Property Crimes |
NaN |
358.8 |
| Burglaries |
NaN |
74.0 |
| Larceny-Thefts |
NaN |
241.5 |
| Motor Vehicle Thefts |
NaN |
43.3 |
Invest in Silver Spring Properties
When making a decision about buying real estate in Silver Spring Maryland area, you should consider following statistical data:
| Category |
Silver Spring |
USA |
| Near Medium City |
|
- |
| Near Large City |
Washington, District of Columbia |
- |
| Silver Spring Zip Codes |
20901, 20902, 20903, 20904, 20905, 20906, 20910, 20912 |
- |
| Silver Spring Area Codes |
301 |
- |
| White population |
46.61% |
75.1% |
| African-American population |
28.07% |
12.3% |
| Asian |
8.22% |
3.6% |
| American Indian & Alaskan |
0.44% |
0.9% |
| Hispanic (of any race) |
22.22% |
12.5% |
| Median Family Income (1999) |
$ 60,631% |
$42,000 |
| Population Below Poverty Level |
9.24% |
12.4% |
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