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Spring Park, MN

Full City Profile · Minnesota · Carver County County

2.2 /5.0
C Fair
1,869 Population 5,340/sq mi density
$46,860 Median Income $57,190 per capita
$598,400 Home Value $561,717 Zillow
$1,223 Median Rent 33.6% income on rent
45°F Avg Temperature 270 sunny days/yr
23 Violent Crime/100K 864 property/100K
C
Overall
2.2 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$46,860 median income, 3.9% unemployment
F
Affordability
1.0 / 5.0
$598,400 home value, $1,223/mo rent
F
Safety
1.0 / 5.0
23 violent crimes/100K
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
3.9%
8% 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
86.0%
17% above US avg (73.2%)
Public Transit
0.4%
91% below US avg (5.0%)
County GDP
$7,614M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 86%
Public Transit 0.4%
Work From Home 5.9%
Other 7.7%
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 Rate3.9%
Poverty Rate7.3%
Gini Coefficient0.415
Cost of Living Index98.6

Commute

Mean Commute22 minutes
Drive Alone86.0%
Public Transit0.4%
Work From Home5.9%

Businesses

Total Establishments2,874
Restaurants188
Healthcare268
Retail232
Manufacturing153

Tax

IRS Avg AGI$131,468
Avg Property Tax$6,648