Spring Lake, FL
Full City Profile · Florida · Hernando County County
4.1
/5.0
A
Great
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
A
Overall
4.1 / 5.0
Strong
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
B+
Education
3.6 / 5.0
32.3% bachelor's degree or higher
Housing Overview
Median Home Value
$425,000
51% above
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
129
Median year built: 1991
Home Value by Source
Census Median
$425,000
Zillow (ZHVI)
$240,987
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Affordability & Housing Stock
Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Census Median Value | $425,000 |
| Zillow Home Value (ZHVI) | $240,987 |
Rent
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
Ownership & Stock
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 129 |
| Median Year Built | 1991 |
| Rent Burden | 31.5% |