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Spring Lake, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
224
Population
$50,938
Median Income
$169,400
Home Value
63.8
Median Age

Demographics

Spring Lake has a population of 224 with a median age of 63.8. Here is the racial and ethnic breakdown of the population:

White
98.2%
Hispanic
1.3%
Demographic Value
Total Population224
Median Age63.8
White98.2%
Asian0.4%
Hispanic or Latino1.3%
Spring Lake, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.3%Other: 1.7%224PopulationWhiteWhite98.3%OtherOther1.7%

Income & Economy

The median household income in Spring Lake is $50,938, which is 36.8% below the national median of $80,610. The per capita income is $44,885. The poverty rate is 0.9%.

$50,938
Median Household Income
$44,885
Per Capita Income
0.9%
Poverty Rate

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Education

In Spring Lake, 92.7% of residents age 25+ have a high school diploma or higher, and 16.8% hold a bachelor's degree or higher (3.7% with a graduate or professional degree).

HS Diploma+
92.7%
Bachelor's+
16.8%
Graduate+
3.7%
Education Level % of Adults (25+)
High School Diploma or Higher92.7%
Bachelor's Degree or Higher16.8%
Graduate or Professional Degree3.7%

Housing

The median home value in Spring Lake is $169,400, below the national median of $303,400. The homeownership rate is 99.2%.

$169,400
Median Home Value
99.2%
Homeownership Rate
Housing Metric Value
Median Home Value$169,400
Homeownership Rate99.2%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Spring Lake, Indiana?
The population of Spring Lake, Indiana is 224 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Spring Lake, Indiana?
The median household income in Spring Lake, Indiana is $50,938. This is 36.8% below the national median of $80,610.
What is the median home value in Spring Lake, Indiana?
The median home value in Spring Lake, Indiana is $169,400.
What percentage of people in Spring Lake have a college degree?
In Spring Lake, Indiana, 16.8% of adults age 25 and older hold a bachelor's degree or higher, and 92.7% have a high school diploma or higher.
Is Spring Lake, Indiana an affordable place to live?
The home price-to-income ratio in Spring Lake, Indiana is 3.3x (median home value $169,400 vs. median income $50,938), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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