There are 18 senior apartments serving Silver Spring, Maryland. This includes 4 in Silver Spring and 14 nearby. The daily costs for a senior apartment in Maryland range from $13 to $129, with an average cost running around $50. The per month cost averages around $1,496 and ranges between $396 and $3,872. Yearly, the mean cost is about $17,952, which is under the national average of $18,480.
The cost of a senior apartment in Silver Spring, MD can range from $1,974 per month up to $2,464 per month. The average cost is around $2,244 per month, or about $26,928 per year.
Silver Spring is a major city in Montgomery County in Maryland. It is included in the Washington-Arlington-Alexandria metropolitan area. It is the 2nd biggest city in Maryland. The encompassing area is home to 1,890,860 inhabitants, but there are 282,095 living inside the city. Around 25% of the population are over the age of 55.
Silver Spring has a good SeniorScore™ of 74. The city's average household income is $76,000 ($36,000 on a per capita basis), compared to the average of $75,000 for the entire state of Maryland. The average home price in Silver Spring is $258,000, which is much less than the state average of $450,000. Silver Spring also has an average unemployment rate of about 7.4%.
Silver Spring has mild average temperatures, with comfortable winters and pleasant summers. The area gets high levels of precipitation each year. Compared to other cities in the US, Silver Spring has very poor water quality ratings and very poor air quality ratings.