Is Silver Springs, Nevada a Good Place To Live? - Living In Silver Springs, NV

Is Silver Springs, Nevada a good place to live?
Silver Springs is a city in Nevada state in USA with a population of 5073 residents.. The poverty rate of Silver Springs is 14.3%, which is 2% higher than national average. The typical household in Silver Springs earns $42922 a year, compared to the national median of $67,500. Nearly 56.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Silver Springs, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Silver Springs remained 9.6%, which is 104% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Silver Springs, only 13% of adults have a bachelor's degree and 39% have some college but no degree.

Cost of living in Silver Springs is 0, which is 100% lower than national average. Median home value in Silver Springs is $141800 , which is 38% lower than national average. While median income in Silver Springs remained $42922, which is 36% lower than national average.
Population
5073
Unemployment
9.6%
104% NAT AVG.
Poverty
14.3%
2% NAT AVG.
Overall Score
4
Median Home Cost
$141800
38% NAT AVG.
Median Income
$42922
36% NAT AVG.
Median Rent
$1020
12% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 10
People Earning < $10,000
1 in 16
People Earning < $50,000
56.7%
People with <= High School
1 in 2.1
People With Any Degree
1 in 5.6
Pros & Cons Overview

Jobs40%

Housing80%

Affordability50%

Safety50%

Amenities50%

Diversity60%

Education50%

Commute30%