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Spring Lake, FL

Full City Profile · Florida · Hernando County County

3.4 /5.0
B Good
274 Population 82/sq mi density
$91,058 Median Income $33,890 per capita
$425,000 Home Value $240,987 Zillow
71°F Avg Temperature 314 sunny days/yr
571 Violent Crime/100K 4,061 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$91,058 median income, 0.0% unemployment
A
Affordability
4.0 / 5.0
$425,000 home value, /mo rent
F
Safety
1.0 / 5.0
571 violent crimes/100K (50% above avg)
B+
Education
3.6 / 5.0
32.3% bachelor's degree or higher

Income Overview

Median Household Income
$91,058
21% above
US avg: $75,149
Per Capita Income
$33,890
13% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Spring Lake vs. U.S. Average

Each bar shows Spring Lake’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$91,058
121%
Per Capita
US: $39,052
$33,890
87%
IRS Avg AGI
US: $72,000
$59,641
83%
Avg Weekly Wage
US: $1,432
$971
68%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$971
32% below US avg ($1,432)
Work From Home
38.5%
153% above US avg (15.2%)
Drive Alone
32.3%
56% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,294M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 32.3%
Public Transit 0%
Work From Home 38.5%
Other 29.2%

Business Landscape

Total Establishments
4,658
Restaurants
292
Healthcare
581
Retail
526
Manufacturing
90

Tax & Financial

IRS Avg Adjusted Gross Income
$59,641
17% below US avg ($72,000)
Avg Property Tax
$4,970
42% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$91,058
Per Capita Income$33,890
IRS Avg Adjusted Gross Income$59,641
Avg Weekly Wage$971
County GDP$7,294M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.427
Cost of Living Index103.4

Commute

Drive Alone32.3%
Public Transit0.0%
Work From Home38.5%

Businesses

Total Establishments4,658
Restaurants292
Healthcare581
Retail526
Manufacturing90

Tax

IRS Avg AGI$59,641
Avg Property Tax$4,970