Median Income
$47,584
household / year
Median Home Value
$226,400
owner-occupied
Median Rent
$1,308
gross / month
Cost of Living
99
national avg = 100

Is Silver Springs, NV a Good Place to Live?

Silver Springs is a small town of 5,117 in Nevada, with a median household income of $47,584 and a 9.0% unemployment rate. Its cost of living index is 99 (US average = 100), which is 1% below the national average.

Strengths: Silver Springs stands out for below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Silver Springs is right for you depends on your priorities — the full breakdown is below.

All Silver Springs city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 98.9

Silver Springs's overall cost of living index is 98.9, where 100 represents the US national average. Living in Silver Springs costs roughly 1% less than the average American city.

Metric Silver Springs, NV National Avg
Median Home Value $226,400 $244,900
Median Monthly Rent $1,308 $1,163
Homeownership Rate 80.3% 65.9%
Median Household Income $47,584 $74,755

Crime & Safety

Safer than Average

Silver Springs's violent crime rate is 276.5 per 100,000 residents — 27% lower than the national average of ~380 per 100,000.

Violent Crime
276.5 /100k
Property Crime
853.8 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Silver Springs is served primarily by Lyon. The student-to-teacher ratio is 19.7:1 (slightly above the national average of ~16:1).

Metric Silver Springs, NV National Avg
School District Lyon
Elementary Schools 8
Middle Schools 5
High Schools 5
Student/Teacher Ratio 19.7:1 16:1
Bachelor's Degree or Higher 13.0% 35.4%
High School Diploma or Higher 80.4% 91.1%

Weather & Climate

Silver Springs sees average highs of 46.8°F in January and 96.4°F in July, with 6.2 inches of annual precipitation and 2.4 inches of snow per year.

MetricSilver Springs, NV
Average High — January46.8°F
Average High — July96.4°F
Annual Precipitation6.2"
Annual Snowfall2.4"

Demographics

MetricSilver Springs, NVNational Avg
Population5,117
Median Age52.638.9
Unemployment Rate9.0%3.7%
Avg Commute Time34.8 min26 min
White (non-Hispanic)84.6%59.3%
Black or African American0.6%13.6%
Hispanic or Latino8.1%18.9%
Asian1.3%6.3%
Under 1813.6%22.2%
65 and over24.8%16.8%

Nearby Cities

ZIP Codes in Silver Springs

Silver Springs, NV is covered by 1 ZIP code:

Silver Springs vs Other Cities

Frequently Asked Questions

Silver Springs's cost of living index is 99, where 100 is the national average. That makes Silver Springs roughly 1% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $226,400 and median rent is $1,308/month.
Silver Springs's violent crime rate is 276.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 853.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Silver Springs are operated by Lyon. The district has 8 elementary, 5 middle, and 5 high schools. The student-to-teacher ratio is 19.7:1. 13.0% of adults 25+ hold a bachelor's degree or higher.
Silver Springs, NV has a population of 5,117, a median household income of $47,584, and an unemployment rate of 9.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Silver Springs averages 46.8°F in January and 96.4°F in July. Annual rainfall is 6.2 inches with about 2.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Silver Springs, NV is covered by 1 ZIP code: 89429.
The population of Silver Springs, Nevada is 5,117 with a median age of 52.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Silver Springs: cost of living index 99 (100 = US average), median home $226,400, median household income $47,584, crime index 60 (100 = US average, lower is safer), schools rated C. Whether these are benefits or drawbacks depends on where you're coming from — compare Silver Springs side by side with your current city to see the trade-offs.