All Countries
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
Housing Overview
Median Home Value
$155,500
45% below
US avg: $281,900
Homeownership Rate
95.0%
45% above US avg (65.4%)
Total Housing Units
131
Median year built: 1955
Home Value by Source
Census Median
$155,500
Zillow (ZHVI)
$235,677
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
95.0%
Owner-Occupied
5.0%
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
Affordability & Housing Stock
Rent Burden
25.1%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
95.0%
Complete Housing Data
Home Values
| Census Median Value | $155,500 |
| Zillow Home Value (ZHVI) | $235,677 |
Rent
| 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 | 95.0% |
| Renter-Occupied | 5.0% |
| Homeownership Rate | 95.0% |
| Total Housing Units | 131 |
| Median Year Built | 1955 |
| Rent Burden | 25.1% |