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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

Spring Lake, IN

At a Glance

Median Income
$59,583
21% below
$45,369 per capita
Home Value
$155,500
45% below
Zillow: $235,677
Violent Crime
136/100K
64% below
1,698/100K property
Bachelor's Degree+
14.1%
58% below
92.4% high school+
Unemployment
1.4%
61% below
0.0% poverty rate
Obesity Rate
38.9%
21% above
13.3% smoking rate
Avg Temperature
52°F
293 sunny days/yr

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)

Income
79%
Home Value
55%
Poverty
0%
Bachelor's
42%
Unemployment
39%
Crime
36%
Thin vertical line = U.S. national average (100%)

Is Spring Lake a Good Place to Live?

B
3.1 / 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 1.4% (61% 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 $235,677. The cost of living index is 93.3 (100 = national average). The median home was built in 1955.

Safety & Crime

Spring Lake reports 136 violent crimes per 100,000 residents , which is 64% below the national average of 380/100K. Property crime is 1,698/100K.

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. The area gets 293 sunny days per year. Annual precipitation totals 47.8 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population215
Median Age64.1 yrs
Density1,433/mi²
Male / Female45% / 55%
Foreign Born13.6%
Veterans7.7%

Economy

A
Median Income$59,583
Per Capita$45,369
Unemployment1.4%
Poverty0.0%
County GDP$4,922M
Avg Weekly Wage$1,089

Housing

A+
Home Value$155,500
Rent
Ownership95.0%
Zillow$235,677
Housing Units131
Rent Burden25.1%

Crime

F
Violent136/100K
Property1,698/100K

Health

Obesity38.9%
Diabetes9.0%
Smoking13.3%
Heart Disease5.0%
Premature Death7,434/100K

Climate

Avg Temp52°F
Sunny Days293/yr
Rain47.8 in/yr
AQI41 (Good)
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.
27.2% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 207 Mbps.
There are 132 restaurants in the area.
The county recorded 12 fatal vehicle crashes.