Income & Economy in Silver Springs, NV

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$53,105

-27% vs national

Per Capita Income

$28,572

-23% vs national

Poverty Rate

16.2%

+19% vs national

Gini Index

0.4319

0 = perfect equality

Unemployment

9.8%

+88% vs national

SNAP Recipients

17.9%

of households

How Silver Springs Compares

Source: Census ACS (2023)

Silver Springs vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Silver Springs is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Silver Springs. The median household income here is $53,105.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
21.6%
$25-50K
26.0%
$50-75K
19.6%
$75-100K
10.8%
$100-150K
14.8%
$150-200K
4.2%
$200K+
3.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

9.8%

+53% vs NV avg

Labor Force

2,231

Employed

1,999

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

10.9%

of adults 25+

High School Diploma+

39.0%

of adults 25+

Median Age

52.8

Work from Home

4.5%

of workers

The median household income in Silver Springs, NV is $53,105, which is 27.5% below the national average of $73,224. Per capita income is $28,572. The poverty rate of 16.2% is higher than the NV state average of 11.6%. The Gini index of income inequality is 0.4319, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 9.8%, compared to the state average of 6.4%. 10.9% of adults hold a bachelor's degree or higher.