Spring Park, MN

Full City Profile · Minnesota · Carver County County

2.5 /5.0
C+ Fair
1,869 Population 5,340/sq mi density
$46,860 Median Income $57,190 per capita
$598,400 Home Value $585,339 Zillow
$1,223 Median Rent 33.6% income on rent
47°F Avg Temperature
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$46,860 median income, 6.8% unemployment
F
Affordability
1.0 / 5.0
$598,400 home value, $1,223/mo rent
B
Education
3.5 / 5.0
30.7% bachelor's degree or higher

Spring Park, MN

At a Glance

Median Income
$46,860
38% below
$57,190 per capita
Home Value
$598,400
112% above
Zillow: $585,339
Median Rent
$1,223/mo
5% above
33.6% of income on rent
Bachelor's Degree+
30.7%
9% below
94.4% high school+
Unemployment
6.8%
89% above
7.3% poverty rate
Obesity Rate
27.3%
15% below
12.9% smoking rate
Avg Temperature
47°F

How Spring Park Compares to the U.S. Average

Each bar shows Spring Park's value as a percentage of the national average (100% = U.S. avg)

Income
62%
Home Value
212%
Rent
105%
Poverty
59%
Bachelor's
91%
Unemployment
189%
Thin vertical line = U.S. national average (100%)

Is Spring Park a Good Place to Live?

C+
2.5 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Spring Park residents earn a median household income of $46,860 , which is 38% below the national average of $75,149. Per capita income is $57,190. The unemployment rate stands at 6.8% (89% above the U.S. rate of 3.6%). 7.3% of residents live below the poverty line. The area is home to 2,874 business establishments, including 188 restaurants.

Housing & Cost of Living

The median home value in Spring Park is $598,400 , 112% above the national median of $281,900. Zillow estimates the typical home at $585,339. Median rent is $1,223/month, with 33.6% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1978.

Education

30.7% of adults in Spring Park hold a bachelor's degree or higher (9% below the national average). 94.4% have completed high school. Local schools score 7.2/10 in standardized testing.

Climate & Weather

Spring Park has an average annual temperature of 47°F (8°C). Winters average 16°F in January while summers reach 74°F in July. Annual precipitation totals 30.6 inches.

Data Overview

People

Population1,869
Median Age58.2 yrs
Density5,340/mi²
Male / Female48% / 52%
Foreign Born9.7%
Veterans10.5%

Economy

B
Median Income$46,860
Per Capita$57,190
Unemployment6.8%
Poverty7.3%
County GDP$7,614M
Avg Weekly Wage$1,297

Housing

F
Home Value$598,400
Rent$1,223
Ownership22.3%
Zillow$585,339
Housing Units1,296
Rent Burden33.6%

Health

Obesity27.3%
Diabetes7.2%
Smoking12.9%
Heart Disease4.8%
Premature Death3,990/100K

Climate

Avg Temp47°F
Rain30.6 in/yr
Elevation950 ft

Education

B
Bachelor's+30.7%
High School+94.4%
Graduate+6.7%
School Score7.2/10

Community

2024 VoteR 52% / D 46%
Commute22 min
Broadband80.9%
Internet Speed126 Mbps
EV Stations1
Libraries7

Did You Know?

Spring Park was founded in 1951.
The median home in Spring Park was built in 1978.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (20 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
20.7% of the population has a disability.
Average internet download speed is 126 Mbps.
There are 188 restaurants in the area.
The county recorded 9 fatal vehicle crashes.