Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Health & Safety
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Located in the state of Nevada, Silver Springs is a small city with a population of 5,096 residents. In Silver Springs, there are 71 people per square mile, which is about average when compared to the national population density average. If we take a look at the last Census, the vast majority of the population falls within one racial group (91% White). Given that fact, Silver Springs could be considered less diverse than other cities. The Silver Springs population appears to be aging at a faster rate than normal. The median age is currently 52, which is on the high side when compared to most other cities. Something to be aware of when living in Silver Springs are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 37 minutes, this comes in much higher than the national average of 26 minutes.
Are you trying to decide if living in Silver Springs is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Nevada, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like cost of living, health & safety, education, you can easily compare the best places to live in Silver Springs and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Silver Springs to Nevada and the national average.
Silver Springs, NV receives 64 out of 100 for its livability score; this results in a ranking of #51 in Nevada and #12,713 in the USA. If we take a closer look at each of the categories on their own, we see that Silver Springs ranks well for cost of living (A+) and housing (A+). Silver Springs does not fare well for the following: amenities (F), crime (D), education (F) and employment (D-). It might be wise to take a closer look at each category to find out why.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Silver Springs apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Silver Springs real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Silver Springs. The median home price for Silver Springs homes is $275,733, which is 18% lower than the Nevada average. If we take a closer look at the affordability of homes in Silver Springs, we’ll see that the home price to income ratio is 4.3, which is 2.4% higher than the Nevada average.
| Statistic | Silver Springs | Nevada | National |
| Average one way commute | 37min | 24min | 26min |
| Workers who drive to work | 86.9% | 78.0% | 76.4% |
| Workers who carpool | 9.9% | 10.7% | 9.3% |
| Workers who take public transit | 2.3% | 3.6% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 0.0% | 2.1% | 2.8% |
| Working from home | 0.9% | 3.6% | 4.6% |
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