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Silver Springs Shores East

Learn about the people, housing, costs and businesses in Silver Springs Shores East, Florida

Median Home$217,866
Median Rent$1,542/month
Population1,570
Leading IndustriesWholesale Trade · Professional Services · Transportation17% wholesale trade
Home Value Growth+9.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners73% of occupied units
Silver Springs Shores East
FL

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Silver Springs Shores East?

As of today, the 30-year fixed mortgage rate for Silver Springs Shores East is approximately 7.015% (7.055% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Silver Springs Shores East?

The median home value in Silver Springs Shores East is $218k. The median monthly rent is $1,542. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Silver Springs Shores East?

Home values in Silver Springs Shores East have increased 9.9% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Silver Springs Shores East?

Based on a typical all-in ownership cost of $1,160/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Silver Springs Shores East is $74k/year.

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What industries drive the economy in Silver Springs Shores East?

The largest employment sectors in Silver Springs Shores East are public administration (24%) and wholesale trade (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.