Silver Spring, PA

This township of 22,235 residents needs 1,255 more housing units over the next five years. Silver Spring is part of the Harrisburg Area Transportation Study.

Housing snapshot

Population
22,235 (2026)
Households
8,521
Median household income
$144,216 (2026)
Typical home value
$451,006
Owner-occupied
83%
Five-year housing need
1,255 units

Comparison to other Pennsylvania municipalities

Silver Spring: $144,216 Median income (2026 estimate)
<$29K >$153K
Silver Spring: 1.69 jobs to household ratio
<0.03 >2.09
Silver Spring: Permits since 2021 represent 7.4% of housing
<0% >5.9%
On this page

How affordable is this community?

The typical home in Silver Spring, PA is valued at $451,006, well above the Pennsylvania average of $231,760. Silver Spring, PA's median household income of $144,216 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Silver Spring, PA has a population of roughly 20,661 and is one of the faster-growing communities in its state, adding residents at 3.0% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Silver Spring, PA is one of the faster-growing communities in Pennsylvania, adding households at 3.0% per year and totaling roughly 8,521 households.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

The housing stock in Silver Spring, PA is heavily oriented toward detached single-family, which makes up 74% of units. Silver Spring, PA is a strongly owner-occupied community, with 83% of households owning their home.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Silver Spring, PA needs 1,255 new units over the next 5 years.

1,015
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
11.9%
Projected household growth rate
Expected increase in total households from 8,521 in 2026 to 9,536 in 2031.
240
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
37
Replacement housing
Effective annual loss rate is 0.9 per 1,000 units.
108
Ownership vacancy adjustment
Owner-occupied vacancy is 0.0%. This is below the minimum stable target of 1.5%.
95
Rental vacancy adjustment
Rental vacancy is 0.0%. This is below the minimum stable target of 7.4%.
1,255
Total 5-year housing production need (2026-2031)
251
Annual production pace
Average units needed per year to meet 5-year need
14.9%
Total housing unit growth
Percent increase in housing stock over 5 years
3.0%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?