Spring Grove, IN
Full City Profile · Indiana · Preble County County
3.4
/5.0
B
Good
492
Population
1,640/sq mi density
$55,804
Median Income
$33,388 per capita
$133,300
Home Value
$185,747 Zillow
$441
Median Rent
28.4% income on rent
52°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$55,804 median income, 6.1% unemployment
A+
Affordability
5.0 / 5.0
$133,300 home value, $441/mo rent
B
Education
3.0 / 5.0
25.1% bachelor's degree or higher
Housing Overview
Median Home Value
$133,300
53% below
US avg: $281,900
Median Rent
$441/mo
62% below
US avg: $1,163/mo
Homeownership Rate
69.5%
6% above US avg (65.4%)
Total Housing Units
200
Median year built: 1957
Home Value by Source
Census Median
$133,300
Zillow (ZHVI)
$185,747
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.5%
Owner-Occupied
30.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$441/mo
Affordability & Housing Stock
Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
69.5%
Complete Housing Data
Home Values
| Census Median Value | $133,300 |
| Zillow Home Value (ZHVI) | $185,747 |
Rent
| Census Median Rent | $441 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 69.5% |
| Renter-Occupied | 30.5% |
| Homeownership Rate | 69.5% |
| Total Housing Units | 200 |
| Median Year Built | 1957 |
| Rent Burden | 28.4% |