There are 16 independent living communities serving Silver Spring, Maryland. This includes 13 communities in Silver Spring and 3 nearby. Independent living costs in Maryland range from about $17 up to $161 per day, with an average expenditure running approximately $62. The per month cost averages roughly $1,870 and ranges between $495 and $4,840. Annually, the median cost is around $22,440, which is under the nationwide average of $23,100.
The cost of independent living in Silver Spring ranges from around $2,468 per month all the way up to $3,080 per month. The median cost is $2,805 per month, or about $33,660 annually.
Silver Spring is a major city in the State of Maryland. It is located within Montgomery County and is included in the Washington-Arlington-Alexandria metro area. It is the second largest city in Maryland. Though the city itself contains 282,095 residents, the encompassing statistical area contains a populace of 1,890,860. The senior community currently makes up approximately 25% of the total population.
Silver Spring has an above average SeniorScore™ of 74. The city has a mean per capita income of $36,000 and a mean household income is $76,000 (the Maryland state average is $75,000). The average home price in Silver Spring is $258,000, which is much lower than the state average of $450,000. Silver Spring also has an average unemployment rate of approximately 7.4%.
Silver Spring has mild average temperatures, with comfortable winters and mildly warm summers. The city receives heavy amounts of rainfall each year. Silver Spring has very poor water quality and very poor air quality ratings in relation to other cities in the United States.