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.Silver Spring is a decidedly white-collar town, with fully 85.75% of the workforce employed in white-collar jobs, well above the national average. 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 (12.18%), teaching (8.64%), and business and financial occupations (7.82%). 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: 19.81% 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. In Silver Spring, however, the average commute to work is quite long. On average, people spend 34.55 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. For the size of the town, public transportation in Silver Spring is quite heavily used. Mostly, people who use it for their daily commute are taking the subway. For Silver Spring, the benefits are reduced air pollution and congestion on the highways.If knowledge is power, Silver Spring is a pretty powerful place. 59.29% of the adults in Silver Spring have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Silver Spring in 2022 was $54,095, which is upper middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $216,380 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 23.60% of the town’s residents. Important ancestries of people in Silver Spring include German, Ethiopian, Irish, English, and Italian. Foreign born people are also an important part of Silver Spring's cultural character, accounting for 33.92% 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.
