Spring Lake, IN
Full City Profile · Indiana · Hancock County County
3.1
/5.0
B
Good
215
Population
1,433/sq mi density
$59,583
Median Income
$45,369 per capita
$155,500
Home Value
$235,677 Zillow
52°F
Avg Temperature
293 sunny days/yr
136
Violent Crime/100K
1,698 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$59,583 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$155,500 home value, /mo rent
F
Safety
1.0 / 5.0
136 violent crimes/100K
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher
Income Overview
Median Household Income
$59,583
21% below
US avg: $75,149
Per Capita Income
$45,369
16% above
US avg: $39,052
Unemployment Rate
1.4%
61% 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
$59,583
79%
Per Capita
US: $39,052
$45,369
116%
IRS Avg AGI
US: $72,000
$84,839
118%
Avg Weekly Wage
US: $1,432
$1,089
76%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,089
24% below US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
13.2%
13% below US avg (15.2%)
Drive Alone
78.0%
7% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$4,922M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
78%
Public Transit
0%
Work From Home
13.2%
Other
8.8%
Average commute time
28 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,045
Restaurants
132
Healthcare
155
Retail
164
Manufacturing
73
Tax & Financial
IRS Avg Adjusted Gross Income
$84,839
18% above US avg ($72,000)
Avg Property Tax
$3,198
9% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $59,583 |
| Per Capita Income | $45,369 |
| IRS Avg Adjusted Gross Income | $84,839 |
| Avg Weekly Wage | $1,089 |
| County GDP | $4,922M |
Hardship Indicators
| Unemployment Rate | 1.4% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.394 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 78.0% |
| Public Transit | 0.0% |
| Work From Home | 13.2% |
Businesses
| Total Establishments | 2,045 |
| Restaurants | 132 |
| Healthcare | 155 |
| Retail | 164 |
| Manufacturing | 73 |
Tax
| IRS Avg AGI | $84,839 |
| Avg Property Tax | $3,198 |
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