Silver Spring is an unincorporated community and census-designated place (CDP) located inside the Capital Beltway in Montgomery County, Maryland, United States.
It had a population of 76,716 according to 2013 estimates by the United States Census Bureau, making it the fourth most populous place in Maryland, after Baltimore, Columbia, and Germantown.
Silver Spring consists of the following neighborhoods: Downtown Silver Spring, East Silver Spring, Woodside, Woodside Park, North Hills Sligo Park, Long Branch, Montgomery Knolls, Franklin Knolls, Indian Spring Terrace, Indian Spring Village, Clifton Park Village, New Hampshire Estates, and Oakview.
The urbanized, oldest, and southernmost part of Silver Spring is a major business hub that lies at the north apex of Washington, D.C. As of 2004, the Central Business District (CBD) held 7,254,729 square feet (673,986 m2) of office space, 5216 dwelling units and 17.6 acres (71,000 m2) of parkland.
The population density of this CBD area of Silver Spring was 15,600 per square mile all within 360 acres (1.5 km2) and approximately 2.5 square miles (6 km2) in the CBD/downtown area. The community has recently undergone a significant renaissance, with the addition of major retail, residential, and office developments. Silver Spring takes its name from a mica-flecked spring discovered there in 1840 by Francis Preston Blair, who subsequently bought much of the surrounding land.
Acorn Park, tucked away in an area of south Silver Spring away from the main downtown area, is believed to be the site of the original spring.
Ilyse Veron, Envoy
WebsiteMontgomery County Working Group
Managed by the Age Friendly Foundation
I have lived in Silver Spring,MD. for the past 20 years.I have seen a lot of changes in the demographics here.When I initially moved here.There was an equal amout of ethnicities here.Now I feel like the minority.There are more Hispanics here now.Please don't misunderstand me.I welcome anyone that wants to seek a better education,job or a better way of life.That's not the case where I live.There is a constant influx of people who are coming here just to have children in order to qualify for federal benefits! To be honest,if I could afford to move.I would definitely do so.On the plus side.Our transportation system is one of the best!!!
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How did Maryland earn the grade of D+? We examined the state taxes based on how age friendly they are. Maryland has a state sales tax of 6.00%. Of particular interest is that Maryland does not have taxes on social security. There are estate taxes. There are taxes imposed on inheritance. Maryland has an effective property tax rate of 1.10%. Weighing these taxes and other taxes most likely to impact the aging population is how Maryland earned its state tax grade of D+.
Learn more about taxes in Maryland