Last updated: 2024 BLS data · Page refreshed:
Spring Bay has a population of 520 with a median age of 41.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 520 |
| Median Age | 41.7 |
| White | 95.4% |
| Asian | 0.6% |
| Hispanic or Latino | 1.2% |
| Other / Two or More Races | 2.8% |
The median household income in Spring Bay is $61,389, which is 23.8% below the national median of $80,610. The per capita income is $28,347. The poverty rate is 19.2%.
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In Spring Bay, 93.0% of residents age 25+ have a high school diploma or higher, and 12.7% hold a bachelor's degree or higher (0.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.0% |
| Bachelor's Degree or Higher | 12.7% |
| Graduate or Professional Degree | 0.3% |
The median home value in Spring Bay is $130,200, below the national median of $303,400. The median monthly rent is $1,071. The homeownership rate is 66.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $130,200 |
| Median Monthly Rent | $1,071 |
| Homeownership Rate | 66.0% |
| Vacancy Rate | 8.2% |
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