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Apartments For Rent in Silver Spring, MD

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Apartments for Rent in Silver Spring, MD

Silver Spring is a town in Maryland with a population of slightly more than 79,000. Families with young children should fit right in, as kids under 5 account for an above-average percentage of the community, though young professionals also outpace national averages. At an average age of just under 36, the city's residents skew younger than most cities in Maryland. Most Silver Spring residents rent, and 36% of residents own their homes despite a relatively prohibitive average rent of $1,561/month, significantly higher than the state average of $1,347.

Compared to the national average (7%), Silver Spring has a high percentage of residents older than 25 with advanced degrees, as 17% possess a Master's degree or a Doctorate. Additionally, 16% have a Bachelor's degree, which also outpaces the national average. If you're looking for diverse career options, Silver Spring has them in spades. The five most common industries are scientific, public administration, healthcare, education, and entertainment. Combined, these industries account for 33% of the labor force in the city. Meanwhile, looking at job function, many of the city's workers are in management, which ranks as the top career path in the city. With an average annual income of about $92,000, Silver Spring workers earn about the same as their peers elsewhere in Maryland. Silver Spring, however, compares more favorably to the national average ($73,345).

Silver Spring residents have an average commute of about 39 minutes. Many residents (34%) commute to work by car, while public transportation is used by only 16% of the city. Not many residents (2%) walk to work, though the number surpasses the national average.