At a Glance
Median Income
$59,583
$45,369 per capita
Home Value
$155,500
Zillow: $247,086
Bachelor's Degree+
14.1%
92.4% high school+
Unemployment
3.2%
0.0% poverty rate
Obesity Rate
38.9%
13.3% smoking rate
How Spring Lake Compares to the U.S. Average
Each bar shows Spring Lake's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Spring Lake a Good Place to Live?
B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Spring Lake residents earn a median household income of $59,583 , which is 21% below the national average of $75,149.
Per capita income is $45,369. The unemployment rate stands at 3.2% (11% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 2,045 business establishments, including 132 restaurants.
Housing & Cost of Living
The median home value in Spring Lake is $155,500 , 45% below the national median of $281,900.
Zillow estimates the typical home at $247,086. The cost of living index is 93.3 (100 = national average). The median home was built in 1955.
Education
14.1% of adults in Spring Lake hold a bachelor's degree or higher
(58% below the national average).
92.4% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Spring Lake has an average annual temperature of 52°F (11°C).
Winters average 27°F in January while summers reach 74°F in July. Annual precipitation totals 47.8 inches.
Data Overview
People
Population215
Median Age64.1 yrs
Density1,433/mi²
Male / Female45% / 55%
Foreign Born0.5%
Veterans7.7%
Economy
A
Median Income$59,583
Per Capita$45,369
Unemployment3.2%
Poverty0.0%
County GDP$4,922M
Avg Weekly Wage$1,089
Housing
A+
Home Value$155,500
Rent
Ownership95.0%
Zillow$247,086
Housing Units131
Rent Burden25.1%
Health
Obesity38.9%
Diabetes9.0%
Smoking13.3%
Heart Disease5.0%
Premature Death7,434/100K
Climate
Avg Temp52°F
Rain47.8 in/yr
Elevation827 ft
Education
C
Bachelor's+14.1%
High School+92.4%
Graduate+2.6%
School Score6.4/10
Community
2024 VoteR 66% / D 32%
Commute28 min
Broadband92.6%
Internet Speed207 Mbps
EV Stations8
Libraries4
Did You Know?
The median home in Spring Lake was built in 1955.
The nearest airport is Indianapolis International (24 miles).
The Gini coefficient (income inequality) is 0.394 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
26.0% of the population has a disability.
Average internet download speed is 207 Mbps.
There are 132 restaurants in the area.
The county recorded 12 fatal vehicle crashes.