Silver Springs Shores, FL Profile: Facts & Data

The Silver Springs Shores CDP⁽¹⁾ had a population of 27,878 as of July 1, 2024. Silver Springs Shores ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The Silver Springs Shores Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Silver Springs Shores Census Designated Place is located within Ocala CCD of Marion County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Silver Springs Shores, FL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	27,878 (100%)
Population in Households	27,878 (100.0%)
Population in Families	23,503 (84.3%)
Population in Group Quarters¹	0
Population Density	1,867
Diversity Index²	79


INCOME
Median Household Income	$57,333
Average Household Income	$71,474
% of Income for Mortgage⁴	21%
Per Capita Income	$26,172
Wealth Index⁵	52
Socioeconomic Status Index⁶	Low (43.5)

HOUSING
Total HU (Housing Units)	11,000 (100%)
Owner Occupied HU	7,713 (70.1%)
Renter Occupied HU	2,495 (22.7%)
Vacant Housing Units	792 ( 7.2%)
Median Home Value	$189,476
Average Home Value	$257,750
Housing Affordability Index³	120

HOUSEHOLDS
Total Households	10,208
Average Household Size	2.73
Family Households	7,210
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Silver Springs Shores, FL - Peer Comparisons by Rank and Percentile

The table below compares Silver Springs Shores to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	2.75%	0.69%
Households	2.85%	0.93%
Families		0.89%
Median Household Income		3.84%
Per Capita Income		3.57%
Owner Occupied HU		1.93%

Variable Description	Rank	Percentile
Total Population	# 156	84th
Population Density	# 446	53rd
Median Household Income	# 656	31st
Housing Affordability Index	# 837	88th
Per Capita Income	# 766	20th
Diversity Index	# 182	81st

Silver Springs Shores, FL Profile: Facts & Data

Silver Springs Shores, Florida - Basic Facts

Silver Springs Shores, FL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Silver Springs Shores, FL - Peer Comparisons by Rank and Percentile

Silver Springs Shores, FL - Most Popular Things to Do

Use HTL Address Research for a Florida Address and get...

Quick & Easy Ways to...

Florida Census Data Comparison Tool

Marion County