This was 14.3 percent lower than the state average of 33.9 percent. In 2020 the total municipality population reached 4,910.
81.6 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Silver Springs for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 753 | 18.4 |
| Regular high school diploma | 964 | 23.6 |
| GED or alternative credential | 395 | 9.7 |
| Some college, less than 1 year | 530 | 13 |
| Some college, 1 or more years, no degree | 646 | 15.8 |
| Associate's degree | 215 | 5.3 |
| Bachelor's degree | 418 | 10.2 |
| Master's degree | 140 | 3.4 |
| Professional school degree | 20 | 0.5 |
| Doctorate degree | 7 | 0.2 |
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