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
Income Overview
Median Household Income
$46,860
38% below
US avg: $75,149
Per Capita Income
$57,190
46% above
US avg: $39,052
Unemployment Rate
6.8%
89% above
US avg: 3.6%
Poverty Rate
7.3%
41% below
US avg: 12.4%
Income Comparison: Spring Park vs. U.S. Average
Each bar shows Spring Park’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$46,860
62%
Per Capita
US: $39,052
$57,190
146%
IRS Avg AGI
US: $72,000
$131,468
183%
Avg Weekly Wage
US: $1,432
$1,297
91%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,297
9% below US avg ($1,432)
Mean Commute Time
22 min
22% below US avg (28 min)
Work From Home
5.9%
61% below US avg (15.2%)
Drive Alone
85.9%
17% above US avg (73.2%)
Public Transit
0.4%
92% below US avg (5.0%)
County GDP
$7,614M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
85.9%
Public Transit
0.4%
Work From Home
5.9%
Other
7.8%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,874
Restaurants
188
Healthcare
268
Retail
232
Manufacturing
153
Tax & Financial
IRS Avg Adjusted Gross Income
$131,468
83% above US avg ($72,000)
Avg Property Tax
$6,648
90% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $46,860 |
| Per Capita Income | $57,190 |
| IRS Avg Adjusted Gross Income | $131,468 |
| Avg Weekly Wage | $1,297 |
| County GDP | $7,614M |
Hardship Indicators
| Unemployment Rate | 6.8% |
| Poverty Rate | 7.3% |
| Gini Coefficient | 0.415 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 85.9% |
| Public Transit | 0.4% |
| Work From Home | 5.9% |
Businesses
| Total Establishments | 2,874 |
| Restaurants | 188 |
| Healthcare | 268 |
| Retail | 232 |
| Manufacturing | 153 |
Tax
| IRS Avg AGI | $131,468 |
| Avg Property Tax | $6,648 |