Median Income
$122,000
62% higher than US avg
Home Value
$850,000
202% higher than US avg
Bachelor's+
16.1%
52% lower than US avg
Median Rent
$1,200
3% higher than US avg
Unemployment
10.0%
178% higher than US avg
Poverty Rate
5.5%
56% lower than US avg
How Springwater Compares to the U.S. Average (100% = U.S. avg)
People
Population21,701
Median Age43.2 yrs
Density105/mi²
Male / Female50% / 50%
Largest GroupWhite 94%
Economy
B+
Median Income$122,000
Per Capita$64,100
Unemployment10.0%
Poverty5.5%
Commute31 min
Housing
C+
Home Value$850,000
Rent$1,200
OwnershipN/A
Housing Units7,515
Rent Burden16.3%
Education
C
Bachelor's+16.1%
High School+28.1%
Graduate+4.6%
Is Springwater a Good Place to Live?
Based on current data, Springwater receives an overall livability score of 2.9 out of 5.0, earning a grade of C+. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Springwater has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Springwater is $122,000, which is significantly higher than the national average — 62% above $75,149. This places Springwater among higher-income communities. At 10.0%, unemployment is notably high. Only 5.5% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 31 minutes.
Cost of Living & Housing
The median home value in Springwater is $850,000, making it a premium housing market at 202% above the U.S. median of $281,900. Renters pay a median of $1,200 per month. The price-to-income ratio of 7x means housing costs are stretched relative to local earnings.
Education
16.1% of residents hold a bachelor's degree, below the national average of 33.7%. 28.1% have completed high school.
Springwater has a population of 21,701 with a density of 105 people per square mile. The median age is 43.2 years, 11% older than the national median of 38.9. The city is predominantly White (94.5%), with 3.1% Asian.
Population
43.2yrs
Median Age
11% above US avg
Race & Ethnicity
Springwater vs U.S. Average
Language Spoken at Home
| English Only | 88.9% |
| 13% above US avg |
| Spanish | 1.7% |
| 88% below US avg |
| Other Languages | 9.4% |
Social Characteristics
Springwater vs U.S. Average
The median household income in Springwater is $122,000, which is 62% above the national average of $75,149. The unemployment rate is 10.0% (above the 3.6% US average). 5.5% of residents live below the poverty line. Workers commute an average of 31 minutes.
Income: Springwater vs U.S.
Income
| Median HH Income | $122,000 |
| 62% above US avg |
| Per Capita Income | $64,100 |
Employment & Poverty
| Unemployment | 10.0% |
| 178% above US avg |
| Poverty Rate | 5.5% |
| 56% below US avg |
Commute & Transportation
| Commute Time | 31.3 min |
| Drive Alone | 87.8% |
| Public Transit | 0.5% |
| Work from Home | 31.0% |
The median home value in Springwater is $850,000, 202% above the national average. Monthly rent averages $1,200 (3% above US avg).
Home Values
| Census Median | $850,000 |
| 202% above US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,200 |
| 3% above US avg |
| Rent Burden | 16.3% |
Ownership & Property
| Owner-Occupied | 89.7% |
| Renter-Occupied | 10.4% |
| Housing Units | 7,515 |
Property Tax
Health Metrics: Springwater vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Springwater vs U.S. Average (per 100,000)
Geography
| Area | 206.9 sq mi (535.8 km²) |
| Population Density | 105/sq mi |
| Coordinates | 0.0000°N, 0.0000°W |