Essex vs Silver Spring
| Essex | Silver Spring | |
|---|---|---|
| Population | 40,842 | 81,808 |
| Median Household Income | $67,168 | $99,860 |
| Median Home Value | $258,900 | $643,300 |
| Median Gross Rent | $1,319/mo | $1,913/mo |
| Homeownership Rate | 61.3% | 38.3% |
| Unemployment Rate | 6.2% | 5.4% |
| Bachelor's Degree or Higher | 19.9% | 60.6% |
| Median Age | 41.8 | 35.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.