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Silver Springs (Tract 012200)

New Castle, Delaware

FIPS 10003012200

Juniper

Silver Springs (Tract 012200) is in the 30th percentile nationally for median income. It also sits in the highest 39% nationally for home price against income. And it sits in the highest 40% nationally for home price growth over the past year.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$312,424

Lower than 57% of U.S. tracts
Home Price Growth, Past Five Years

49%

Lower than 56% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

47.4

Near the U.S. tracts median

The basics

Total Population

4,495

Median Age

40.6

Population Density

3,444.82

Home values & property tax

Median Property Tax

$1,634

Property Tax Rateyearly tax as a share of home value

0.62%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

4.26×

Higher than 61% of U.S. tracts
Median Income

$61,571

Lower than 70% of U.S. tracts
Median Rent

$1,185

Lower than 59% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

4.7%

Higher than 60% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

41%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

25%

Climate & weather

Summer Avg High (°F)

81.8

Winter Avg Low (°F)

26

Avg Temperature (°F)

53.4

Hot Days/yr (>90°F)

17.3

Freezing Days/yr (<32°F)

87

Annual Precipitation (in)

46.4

Annual Snowfall (in)

12

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Silver Springs (Tract 012200): frequently asked questions

What is the typical home value in Silver Springs (Tract 012200)?
The estimated median home value in Silver Springs (Tract 012200) today is $312,424, lower than 57% of U.S. tracts.
How much is property tax in Silver Springs (Tract 012200)?
The median annual property tax in Silver Springs (Tract 012200) is $1,634, an effective rate of 0.62% of home value.
Is Silver Springs (Tract 012200) expensive to live in?
Homes in Silver Springs (Tract 012200) cost about 4.26× the median household income, higher than 61% of U.S. tracts.
What is the average rent in Silver Springs (Tract 012200)?
The median gross rent in Silver Springs (Tract 012200) is $1,185 a month, lower than 59% of U.S. tracts.
How much have home prices grown in Silver Springs (Tract 012200)?
Home prices in Silver Springs (Tract 012200) have moved 49% over the past five years (4.7% in the past year), per the FHFA House Price Index.
How many people live in Silver Springs (Tract 012200)?
Silver Springs (Tract 012200) has a population of 4,495, about 3,444.82 people per square mile, per the U.S. Census American Community Survey. The median age is 40.6.
What is the weather like in Silver Springs (Tract 012200)?
Silver Springs (Tract 012200) averages 53.4°F year-round, summer highs near 81.8°F, winter lows around 26°F (NOAA 1991–2020 normals). It sees about 12 inches of snow a year.
Is Silver Springs (Tract 012200) at risk of flooding or natural disasters?
Silver Springs (Tract 012200)'s FEMA National Risk Index score is 47.4 (near the U.S. tracts median). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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