2025 Compare Cities Economy:
Silver Spring, MD vs Oviedo, FL

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Highlights
- Household income in Oviedo, is 13% more than it is in Silver Spring and is 34% above the National Average.
- Silver Spring unemployment rate is 5.7%.
- Oviedo unemployment rate is 4.1%.
 Silver Spring, MDOviedo, FLUnited States
 Unemployment Rate  Unlock4.1%6.0%
 Recent Job Growth  Unlock4.0%1.6%
 Future Job Growth31.0%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$49,261  Unlock$37,638
 Household Income  Unlock$103,882$69,021
 Family Median Income$107,455  Unlock$85,028
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 Est. Households By Income
 Silver Spring, MDOviedo, FLUnited States
 Income Less Than 15K  Unlock5.1%9.4%
 Income between 15K and 20K2.1%  Unlock3.8%
 Income between 20K and 30K  Unlock3.4%8.1%
 Income between 30K and 40K7.0%  Unlock8.0%
 Income between 40K and 50K  Unlock4.5%7.6%
 Income between 50K and 60K6.1%  Unlock7.2%
 Income between 60K and 75K  Unlock7.5%9.6%
 Income between 75K and 100K12.1%  Unlock12.8%
 Income between 100K and 150K  Unlock23.1%16.3%
 Income between 150K and 200K11.5%  Unlock7.8%
 Income greater than 200K  Unlock15.2%9.5%
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 Population By Occupation
 Silver Spring, MDOviedo, FLUnited States
 Management, business, finance20.2%  Unlock16.4%
 Engineering, computers, science  Unlock11.1%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock1.5%1.2%
 Education, library8.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.8%2.0%
 Healthcare practitioners and technology3.7%  Unlock6.2%
 Healthcare support  Unlock0.6%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock6.1%5.4%
 Building maintenance3.9%  Unlock3.6%
 Personal care  Unlock2.2%2.6%
 Sales, office, administrative support13.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.9%  Unlock8.1%
 Production, transportation, material moving  Unlock5.8%13.1%
Reviews for Silver Spring    18 Reviews

Growing up in Silver Spring, my family and I have been residents for the better part of 25 years. Although some of the development has been great (Discovery Channel, new  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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Reviews for Oviedo    12 Reviews

My family retired here from the cold north and have never been happier. We searched Arizona (didn't like the scorpions, lack of green, or air quality after sand  More

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Over 8 years ago

Oviedo is a wonderful place to live and raise a family. Low crime rate and fun community events create a strong community. We are experiencing strong growth in new  More

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I've been in Oviedo since 2001 and it is a nice place to live as far as family goes. Seminole county schools are considered better than the others in Central Florida. Go  More

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