Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 63.3 yrs |
|---|---|
| Avg HH Size | 2.11 |
| Below Poverty | 7.8% ▼ 22% below avg |
| College Grads | 35.6% ▼ 8% below avg |
| Unemployment | 7.3% ▲ 50% above avg |
| No HS Diploma | 2 (2.2%) |
| HS Graduate | 27 (30%) |
| Some College | 14 (15.6%) |
| Associates | 15 (16.7%) |
| Bachelors | 13 (14.4%) |
| Graduate Degree | 19 (21.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $50,208 ▼ 34% below avg |
|---|---|
| Median Home Value | $250,000 ▼ 10% below avg |
| Home/Income Ratio | 5.0x (nat avg ~3.5x) |
| Total Housing Units | 120 |
| Vacant Units | 65 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Spring Lake is a city in Minnesota, located in Itasca County. The city spans 1 ZIP code and is home to approximately 116 residents. It is an older city, with a median age of 63.3 years.
Economically, Spring Lake is a working-class community. The median household income of $50,208 is below the national average. Approximately 7.8% of residents live below the poverty line. The unemployment rate is 7.3%, above the national average.
The real estate market in Spring Lake is an affordable housing market. Median home values stand at $250,000, which is near the national average. Homeownership is high at 90.9%, typical of suburban and family-oriented communities.
The population of Spring Lake is moderately educated. 35.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.1%).
Spring Lake, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56680 | 116 | $50,208 | $250,000 | — | 7.3% | 35.6% | 90.9% |